FedEx celebrates 50th anniversary with a day of service
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.
Topic: FedEx Corp.
RSSThere are 142 article(s) tagged FedEx Corp.:
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April 2023
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FedEx at 50: She supports medium-volume shippers from home
Katrina Carrigan’s job is smoothing the path for people across the country who ship up to 499 packages a day.
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FedEx at 50: ‘FedEx makes every part of Memphis better’
FedExForum, national golf tournaments, pandas, the area’s growing medical device industry, its IT sector — leaders say they couldn’t have happened without FedEx.
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FedEx at 50: Local power of FedEx rests with wealth of jobs, opportunity
An estimated $1.6 billion in annual payroll from FedEx underwrites much of the local economy.
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FedEx at 50: FedEx hired Annie Leibovitz to capture grit of startups, including Fred, 50 years later
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FedEx pilots to open strike authorization vote
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.
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FedEx at 50: When help comes via a Boeing 777 cargo plane
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.
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FedEx at 50: At U of M, FedEx finds a good ‘FIT’
At the FedEx Institute of Technology, they’re ensuring Memphis isn’t a data science or artificial intelligence desert.
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FedEx at 50: Why Memphis? An answer through the fog
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.
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FedEx at 50: As FedEx hits milestone, new executive team has new challenges
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.
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One FedEx: ‘Something investors have wanted for 15 years’
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%.
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FedEx pilots protest outside NYSE as company announces operating consolidation
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March 2023
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Billions of dollars in cuts seemingly help FedEx get back on track
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.
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FedEx CEO appointed to President’s Export Council
The council advises the president on government policies and programs that affect U.S. trade performance and works to promote export expansion.
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February 2023
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FedEx pilot union approves strike authorization vote
FedEx and the Air Line Pilots Association have been in contract negotiations since May 2021.
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FedEx commits more than $1 million to Turkey, Syria earthquake relief
Since the first earthquake on Monday, Feb. 6, FedEx has assisted multiple nonprofit and government organizations that are responding directly to the crisis by utilizing its global trade networks.
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FedEx launches second year of HBCU Student Ambassador Program
The cohort was selected among students from eight HBCUs, which are regionally located within a short distance of a FedEx operating or distribution facility.
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How FedEx is cutting costs by more than $3 billion
FedEx confirmed during the company’s December 2022 earnings release that it will try to cut costs by more than $3 billion throughout the fiscal year.
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January 2023
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Shipping with FedEx is now more expensive than ever
FedEx Express, FedEx Ground and FedEx Home Delivery shipping rates are now at the highest ever.
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How the Memphis-based public companies spent 2022
Mergers and acquisitions, leadership transitions, uncertain economic conditions, global tensions — local publicly traded companies faced numerous challenges in 2022.
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What Memphis-based public companies predict for 2023
Memphis-based public companies FedEx, International Paper, Sylvamo and AutoZone have cautious outlooks for 2023.
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December 2022
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FedEx pilots say company is dragging its feet at the bargaining table
The Air Line Pilots Association released a statement accusing FedEx of not doing its due diligence to reach a deal.
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Will FedEx report another weak quarter?
Tuesday’s earnings call is expected to focus on how effective the company’s sweeping cost-cutting initiatives announced in September have been so far.
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New service from FedEx designed to streamline high-volume returns
The new service from FedEx will expand on the Memphis-based company’s recent efforts to streamline return shipping.
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November 2022
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Buttigieg to visit FedEx hub at Memphis airport
U.S. Transportation Secretary Pete Buttigieg will be in the city Tuesday, Nov. 29, to tout federal infrastructure funding aimed at supply chain challenges during FedEx’s busiest time of year.
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Is UPS managing costs better than FedEx?
After Memphis-based FedEx shocked investors and said global trends had weakened profit and revenue, the company’s primary competitor still managed to beat financial analysts’ expectations. But how?
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FedEx begins reducing flight frequencies following poor quarter
FedEx will focus first on parking its older planes, an action that will also defer costly maintenance events, company executives anticipate.
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