FedEx Corp. said Thursday it has agreed to acquire the Polish courier Opek Sp.z o.o. to expand its services in Europe.
April 5, 2012Business
FedEx Retiring 24 Jets to Cut Costs
FedEx Corp. said it has retired 24 jets to reduce capacity in its U.S. Express division, and will take an $84 million, or 26 cents–per-share, charge in its fiscal fourth quarter that ended May 31.
June 5, 2012Business
FedEx Express Years Ahead of Making ‘Green’ Fleet Goal
FedEx Express said it is “years ahead of schedule” in its goal of making its fleet 20% more fuel efficient by 2020.
May 29, 2012Business
FedEx to Sell Japan Office Business to Konica
FedEx Corp. will sell the Japanese operations of its Office unit, the retail business formerly known as Kinko’s, to Konica Minolta Holdings, Bloomberg reported.
May 14, 2012Business
FedEx to Buy French Delivery Firm
FedEx Corp. said Thursday it will acquire French express-delivery company Tatex as it pursues European growth through small deals and expansion of existing businesses.
May 10, 2012Business
FedEx Buys Polish Ground Courier
Business
Smith Debuts All-Electric Van That FedEx Express Will Use
Smith Electric Vehicles Corp. has unveiled an all-electric vehicle called the Newton Step Van that will be used by FedEx Express.
March 26, 2012Business
FedEx Corp.’s 3Q Profit Improves
FedEx Corp. said Thursday its third-quarter net income more than doubled, to $521 million, or $1.65 per share, from $231 million, or 73 cents, a year ago.
March 22, 2012Business
FedEx’s 2Q Profit Jumps on Higher Deliveries
FedEx Corp.’s fiscal second-quarter profit nearly doubled, boosted by higher holiday-season sales, and the company said it will purchase 27 new jets for its FedEx Express service in the next few years.
December 15, 2011Business
FedEx Ground Sets 4.9% Rate Increase for 2012
FedEx Corp. said it will boost rates for its FedEx Ground and FedEx home delivery services by 4.9% next year.
December 5, 2011Business
FedEx Reports Higher Quarterly Earnings But Lowers Profit Forecast for Fiscal Year
Package delivery giant FedEx Corp. improved net income by 22% to $464 million in its fiscal first quarter as the less-than-truckload unit delivered solid profit growth.
September 26, 2011