FedEx Freight, an industry leader in less-than-truckload transportation, has announced that the National Labor Relations Board (NLRB) has issued an order officially revoking the certification of the Teamsters union as the bargaining representative of city and road drivers at the FedEx Freight location in Monmouth Junction, N.J. This order is a result of the International […]
FedEx Office, a leading player in the same-day delivery industry, recently expanded FedEx SameDay City service to 1,800 cities within 30 regional markets. Here’s why it’s so important: According to Business Intelligence, by 2018, the value of merchandise delivered to consumers via same-day courier service is expected to reach $4.03 billion. With this in mind, […]
FedEx Corp reported earnings of $2.19 per diluted share ($2.51 per diluted share on an adjusted basis) for the first quarter ended August 31, compared to earnings of $2.65 per diluted share ($2.82 per diluted share on an adjusted basis) a year ago — down approximately 174%. According to FedEx, both as-reported and adjusted earnings […]
FedEx Corp. has announced that Mark R. Allen has been named Executive Vice President, General Counsel, and Secretary, effective October 1, 2017 Allen, 61, currently based in Europe, serves as Senior Vice President, Legal & International General Counsel at FedEx Express, a subsidiary of FedEx Corp. and is responsible for all international legal, regulatory, and […]
FedEx Corp. (NYSE: FDX) reported earnings of $2.07 per diluted share ($2.35 per diluted share on an adjusted basis) for the third quarter ended February 28, compared to earnings of $1.84 per diluted share a year ago ($2.51 per diluted share last year on an adjusted basis). Net income was also up — at $562 […]
FedEx Freight, a leading U.S. provider of LTL freight services, has purchased more than 100 compressed natural gas (CNG) tractors and has installed a CNG fueling station to serve the new CNG fleet at its Oklahoma City Service Center. To get it done, the company contracted with Clean Energy Fuels Corp (Nasdaq: CLNE) to design, […]
