FedEx Corp. (NYSE: FDX) announced that it has completed the first stage of a strategic acquisition by signing agreements to acquire the businesses operated by its current service provider Supaswift (Pty) Ltd. in five countries in Southern Africa, including South Africa, Malawi, Mozambique, Swaziland and Zambia, and is also in discussions to acquire Supaswift’s businesses […]
FedEx Trade Networks, the customs brokerage and freight forwarding arm of global shipping giant FedEx Corp. (NYSE: FDX), announced the opening of its new Romulus, Michigan distribution facility. This new facility offers expanded service offerings to customers, including a full portfolio of customs brokerage, freight forwarding and distribution solutions. As one of the largest-volume customs […]
FedEx Freight, a subsidiary of FedEx Corp. (NYSE: FDX), will increase shipping rates by an average of 4.5%, effective July 1, 2013. This rate change applies to eligible FedEx Freight® shipments within the U.S. (including Alaska, Hawaii, Puerto Rico and the U.S. Virgin Islands), between the contiguous U.S. and Canada, within Canada, between the contiguous […]
