There are 73 article(s) tagged FedEx Corp.:
The logistics giant announced Wednesday, June 29, its new “Deliver Today, Innovate for Tomorrow” strategy as investors and analysts gathered in Memphis for the company’s 2022 investor meeting.
Pilots are asking for a contract that increases retirement benefits and takes into account issues related to quality of life, such as time spent away from home and uncertainty around scheduling.
FedEx has donated more than $2.3 million in humanitarian aid since the outset of the conflict, including $1 million that has been allocated for in-kind shipping with nonprofit partners.
The Memphis-based company recorded $24.4 billion in revenue for its fourth quarter 2022, compared to $22.6 billion it reported in the same time period in 2021.
D. E. Shaw & Co. is known for its activist investing, including its role in Exxon Mobil Corp.’s decision to add to its board and make $6 billion worth of cost savings changes.
For the union, the two primary issues in the current round of negotiations are retirement benefits and matters related to quality of life.
An SEC filing reveals how much Raj Subramaniam and FedEx founder Fred Smith will earn in their new roles.
Brie Carere is a three-time winner of the FedEx Five Star Award, the company’s highest team member honor.
FedEx Corp. stock was up nearly 9% Tuesday after the company made the announcement.
A Morgan Stanley report suggests FedEx could be suffering from conditions that “have turned more sluggish globally, no doubt compounded by additional complications from the conflict in Ukraine and COVID-related shutdowns in China.”
FedEx announced in September 2021 it would enter a pilot program with California-based Aurora Innovation Inc. to test autonomous driving technology.
While FedEx has been working on modernization efforts for a couple of years, the COVID pandemic and related shipping demands prolonged the timeline.
Russian invasion prompts FedEx to indefinitely suspend its services in Ukraine.
A woman working in the hub at FedEx was killed early Friday morning, according to the Memphis Police Department.
The Memphis-based shipping giant cited headwinds that include backups in supply chains that are affecting every industry, as well as hiring costs for workers.
The package delivery company posted revenue of $22.57 billion in the period, exceeding Wall Street forecasts.
Travel is picking up at Memphis International Airport, but landing fees charged to airlines and rental rates charged to airport concession businesses are going down.
The InStride network includes the U of M and four U.S. Carnegie Level 1 Research universities, plus campuses on three other continents.
At a glance, boxes don’t seem that complicated. But when your business involves shipping lots of them around the world, it makes sense to understand the science behind what makes a good box. That’s why FedEx Corp. has its own packaging lab.
Each college will receive $1 million, with a portion going towards students, faculty and staff impacted by COVID-19.
FedEx said Saturday, Dec. 19, it’s ready to start moving the Moderna vaccine for COVID-19.
The addition continues FedEx’s strategy of serving businesses that compete with e-commerce giant Amazon.
Henry Maier, president and chief executive officer of Pittsburgh-based FedEx Ground, talks about the COVID-19 package surge and preparations for upcoming holiday peak season during interview with The Daily Memphian.
Memphis International Airport posted a 17.4% increase in cargo volume in September, the third double-digit monthly increase since COVID-19 hit in March.
With strong demand for shipping services expected to continue for the foreseeable future, FedEx has rolled out its annual round of price increases for 2021.