Courtesy of Associated Press: UPS and FedEx are still working in overdrive to deliver packages promised by Christmas that never made it.a Customers are livid and industry analysts are looking at what it could mean for next year’s shopping trends. The companies say poor weather earlier this week and overloaded systems are partly to blame for […]
FedEx Corp. reported earnings of $1.57 per diluted share for the second quarter ended November 30, compared to $1.39 per share last year. Last year’s second quarter results were impacted by $0.11 per diluted share due to the effects of Superstorm Sandy. “FedEx posted solid second-quarter earnings, reflecting improved performance at FedEx Express, as the […]
FedEx Corp. has announced that it will increase shipping rates for FedEx Ground and FedEx Home Delivery by an average of 4.9% effective January 6, 2014. FedEx SmartPost rates also will change. FedEx previously announced on Sept. 18, 2013 that it will increase shipping rates for FedEx Express by an average of 3.9% for U.S. […]
FedEx Express, an operating company of FedEx Corp. (NYSE: FDX), is introducing FedEx One RateSM which gives U.S. customers a simple, predictable, flat rate shipping option for their express packages. “With its simple, predictable pricing, FedEx One Rate takes convenience and flexibility to the next level for our customers,” said Raj Subramaniam, executive vice president […]
In another brightening sign for the economy, FedEx Corp. (NYSE: FDX) today reported earnings of $1.53 per diluted share for the first quarter ended August 31, compared to $1.45 per share last year. “Growth in overall demand for our broad global portfolio of solutions drove our improved first quarter results,” said Frederick W. Smith, FedEx […]
FedEx Express, a unit of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, continues rapid progression towards its recently-increased vehicle fuel efficiency goal by adding 1,900 new fuel efficient vehicles to its fleet. In 2008, FedEx Corp. set the U.S. transportation industry’s first fuel efficiency goal with a commitment to improve the […]
