FedEx Express is acquiring the international express delivery business of Flying Cargo Group, a company based in Israel that has been a service partner with FedEx since 1990, company officials announced Jan. 15.
January 25, 2019Government, Business, Technology, Logistics, Top 100
FedEx Express Agrees to Buy International Business From Israeli Firm
Business, Technology, Fuel, Top 100
Ryder Buys 900 Commercial Electric Vehicles From Chanje
Ryder System Inc. announced it is buying 900 Class 5 electric vehicles from truck maker Chanje Energy Inc., and that FedEx Corp. will lease the vehicles from Ryder and buy 100 of the same all-electric trucks itself.
November 27, 2018Business, Logistics
FedEx Posts $3 Billion Profit in Fiscal 2017; Freight Division Lags Express, Ground
FedEx Corp. reported a sharp increase in annual profits, rocketing 65% year-over-year and easily beating forecasts by a consensus of industry analysts.
June 26, 2017