There are 130 article(s) tagged FedEx Corp.:
“With newfound bucks from FedEx Corp., Tigers football coach Ryan Silverfield says, ‘The bar should be set as high as it can be.’ It beats flailing along with a shoestring NIL budget in a stadium needing modernization.”
Rob Carter’s contributions at FedEx are a large portfolio of innovation for a company that would be a fraction of itself without web interface, cloud-based computing and automated sorting.
FedEx is not commenting on the size of the layoffs, but necessity did not make the week any easier, CEO and president Raj Subramaniam said in a memo to staff shortly before the earnings release Thursday.
In 1999, FedEx paid $205 million for the naming rights. The contract — $7.5 million a year — was to expire in 2026.
By the end of the year, CBU is hoping to have a certified thermal testing lab. In 2023, there were only 11 in the world.
Jenifer Hollander comes from New York-based Teneo’s Strategy & Communications Advisory.
FedEx missed Wall Street’s expectations on markers across the board, including earnings per share and operating margin. The street expected an EPS of $4.19 and a margin of 6.6%. FedEx delivered $3.99 and 6.4%.
A FedEx leader says offer may be worth it for pilots tired of reduced hours or schedule uncertainty.
V. James Vena, who only served on FedEx’s board for one year, has resigned. Kimberly A. Jabal will not stand for reelection.
FedEx said it decided to relocate its pilots and close its Cologne, Germany, 757 crew base and its MD-11 crew bases in Anchorage, Alaska, and Los Angeles as the “global business environment continues to evolve.”
After being hired by FedEx as a pilot, Anthony Glenn flew with his father on a FedEx crew. One day, he might be able to do the same with his daughter.
This fall, Keishuna Williams will receive her master’s degree in business administration, a fitting footnote for a woman who, as a high school senior, was accepted into 52 colleges. She had millions in financial aid offers but, without a full ride, had little chance of going to college.
Jacob Tucker knows 15 local FedEx routes by memory and can do another 15 with some digital assistance. He might even know your name.
Monday’s drive marked the beginning of a new era of giving for the logistics giant, after reaching its 50 million goal early in February.
Katrina Carrigan’s job is smoothing the path for people across the country who ship up to 499 packages a day.
FedExForum, national golf tournaments, pandas, the area’s growing medical device industry, its IT sector — leaders say they couldn’t have happened without FedEx.
An estimated $1.6 billion in annual payroll from FedEx underwrites much of the local economy. FedEx at 50: FedEx hired Annie Leibovitz to capture grit of startups, including Fred, 50 years laterRelated story:
Before a strike can take place, the National Mediation Board must first decide that additional mediation efforts would not be productive and offer the parties an opportunity to arbitrate the contract dispute.
Instead of limiting its giving to monetary donations, FedEx relied heavily on in-kind shipping to reach its goal of helping 50 million people by the date of its 50th anniversary.
At the FedEx Institute of Technology, they’re ensuring Memphis isn’t a data science or artificial intelligence desert.
Fred Smith has given several reasons for moving his young company to Memphis: the city’s central location, help from the Memphis International Airport and the area’s operational weather.
The executive leadership team at FedEx — guided by CEO Raj Subramaniam — will have to demonstrate to its stockholders that it is the right team to lead the company out of turbulent waters and into the future.
Following the announcement that FedEx’s operating companies will consolidate into one organization, the delivery giant’s stock was up by more than 1.2%. FedEx pilots protest outside NYSE as company announces operating consolidationRelated stories:
FedEx stock was up more than 10% following an earnings release last week, with numbers high enough that the company increased its forecast for the full fiscal year.
The council advises the president on government policies and programs that affect U.S. trade performance and works to promote export expansion.