FedEx Names Raj Subramaniam New President, COO
FedEx Corp. is elevating Raj Subramaniam to the position of president and chief operating officer in the wake of the departure of David Bronczek, who the company said is making a “personal decision” to retire.
FedEx Logistics Announces Headquarters Move
FedEx Logistics will move its global headquarters to the former Gibson Guitar factory building in Memphis, Tenn., according to a Feb. 12 press release.
February 13, 2019FedEx Introduces Way for Retailers to Outrace Amazon in Delivery
FedEx Corp., looking beyond Amazon.com Inc. for growth in e-commerce, is introducing a new late-night shipping option for retailers who want to speedily send orders directly to online customers.
FedEx Stock Takes Beating on Bleak European Outlook
FedEx Corp. shares plunged Dec. 19, after its “jarring” cut to annual forecasts and bleak commentary about European economy and global trade alarmed the market.
FedEx Reports Strong 2Q Earnings
FedEx Corp. reported a 20.6% increase in net income in its fiscal second-quarter financial results released Dec. 18.
Amazon Thrives on FedEx Delivery Model, but Driver Pay Challenges Persist
Five years on, Amazon.com Inc.’s chief executive officer is betting on decidedly more terrestrial technology: Drivers. As in real people. Tens of thousands of them. High-tailing it through town in gas-slurping vans to leave packages on doorsteps just like the milkman, postal worker, UPS guy and pizza dude before them.
Holiday Shipping Deadlines for Amazon, USPS, UPS, FedEx
Procrastinators take note: The deadline is fast approaching to get those gifts in the mail to arrive by Christmas Eve.
FedEx Express President David Cunningham to Retire Dec. 31
FedEx Corp. on Dec. 7 announced that FedEx Express President and CEO David Cunningham will retire effective Dec. 31.
December 10, 2018FedEx Announces Rate Increases for 2019 as Demand Grows
FedEx Corp. will raise general rates on Jan. 7, according to a statement the company released on Nov. 5, reflecting tight capacity and greater demands from a strong economy.
FedEx to Raise Prices in Response to Surging Freight Demand, Tight Capacity
FedEx Corp. will boost most prices by an average of 4.9% starting in January, more than double the expected rate of U.S. inflation next year, as freight demand surges.