FedEx News Updates

Business

FedEx Buys Polish Ground Courier

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, 2012
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, 2012
Business

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, 2012
Business

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, 2011
Business

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, 2011
Business

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
Business

FedEx’s 1Q Profit Improves; Company Trims Full-Year Outlook

FedEx Corp.’s fiscal first-quarter improved from a year ago, but the company trimmed its full-year earnings forecast slightly on higher fuel costs and a moderate economic growth outlook.

September 22, 2011
Business

FedEx Freight Expands Service in Mexico

FedEx Freight, the less-than-truckload unit of FedEx Corp., said Tuesday it is adding service to three new markets in Mexico.

August 30, 2011
Business

FedEx Freight Sets 6.75% Rate Increase

FedEx Freight, the less-than-truckload unit of FedEx Corp., said Monday it will implement a 6.75% general rate increase, effective Sept. 6.

August 8, 2011
Business

FedEx Adding 4,000 New, Fuel-Efficient Vehicles

FedEx Express said it will add more than 4,000 fuel-efficient vehicles to its fleet around the country, including some all-electric vehicles.

June 29, 2011