FEDEX News (NYSE:FDX)

DateTimeSource
Headline
09/30/201610:50AMDJNFedEx, UPS Gear Up for Holiday Orders
Holiday hiring is expected to be flat at package-delivery giants FedEx Corp. and United Parcel Service Inc., but that masks efforts behind the scenes to prepare for the coming wave of e-commerce orders. FedEx is opening four new hubs and "dozens" of small, satellite facilities to receive, sort and ship an expected... More...>>
09/30/201610:47AMDJNFedEx, UPS Gear Up for Holiday Season With More Sorting Hubs, Technology
By Loretta Chao Holiday hiring is expected to be flat at package-delivery giants FedEx Corp. and United Parcel Service Inc., but that masks efforts behind the scenes to prepare for the coming wave of e-commerce orders. FedEx is opening four new hubs and "dozens" of small, satellite facilities to receive, sort... More...>>
09/28/20167:00AMDJNDeutsche Post DHL Snaps Up UK Mail for $315.5 Million
FRANKFURT—Germany's Deutsche Post DHL Group agreed to acquire UK Mail Group for 242.7 million pounds, ($315.5 million), bolstering its presence in one of Europe's biggest e-commerce markets at a time of booming online orders for clothes, household goods and other merchandise. Deutsche Post, Europe's... More...>>
09/27/20163:03AMDJNFedEx Taps Air Cargo Executive as Its Next President -- WSJ
By Mike Esterl FedEx Corp. tapped air cargo chief David Bronczek to become company president in 2018, further positioning him as a candidate to succeed Chief Executive Fred Smith. The delivery giant also announced Monday that Michael Glenn, head of market development, would retire at the end of December for family reasons... More...>>
09/26/20163:09PMDJNFedEx to Promote Air Cargo Chief David Bronczek to President -- Update
By Mike Esterl FedEx Corp. tapped air cargo chief David Bronczek to become company president in 2018, further positioning him as a candidate to succeed Chief Executive Fred Smith. The delivery giant also announced Monday that Michael Glenn, head of market development, would retire at the end of December for family reasons... More...>>
09/26/20161:00PMDJNFedEx Appoints Chief Operating Officer
FedEx Corp. said Monday that David J. Bronczek, chief executive of its time-definite delivery service, will become its president and chief operating officer starting in 2018. The shipping company also said that T. Michael Glenn, FedEx's executive vice president for market development and corporate communications... More...>>
09/26/201612:55PMDJNFedEx Appoints Chief Operating Officer
By Austen Hufford FedEx Corp. said Monday that David J. Bronczek, chief executive of its time-definite delivery service, will become its president and chief operating officer starting in 2018. The shipping company also said that T. Michael Glenn, FedEx's executive vice president for market development and corporate... More...>>
09/26/20169:15AMBWT. Michael Glenn to Retire as FedEx Corp. Executive Vice President, Market Development and Corporate Communications
FedEx Corporation (NYSE:FDX) today announced that T. Michael Glenn, executive vice president, market development and corporate communications, will retire effective December 31, 2016. Glenn, 61, has led the company’s marketing, sales, customer service and communications groups for over twenty years. Robert B. Carter... More...>>
09/23/20165:40PMDJNUPS Uses Drone to Deliver Package to Boston-Area Island
United Parcel Service Inc. said Friday it successfully used a drone to deliver medicine to an island near Boston, jumping into a race with competitors such as Amazon.com Inc. to test drone delivery inside the U.S. The delivery of an inhaler on Thursday was conducted in partnership with CyPhy Works, a drone maker in which... More...>>
09/22/20167:32AMDJNToday's Top Supply Chain and Logistics News From WSJ
By Paul Page Sign up:With one click, get this newsletter delivered to your inbox. A.P. Moeller-Maersk A/S is splitting in two, laying the groundwork for the world's largest shipping line to join a wave of consolidation that's swept the industry this year. The split comes as the Danish conglomerate's two... More...>>
09/22/20165:00AMBWNew FedEx Trade Index: 7 in 10 Small Businesses Say Trade Will Improve the U.S. Economy
Today, FedEx Corp. (NYSE: FDX) introduces the new FedEx Trade Index(1), a series of national surveys commissioned by FedEx and conducted by Morning Consult. The FedEx Trade Index will periodically survey over 1,000 small business leaders to track the impact of international trade among the small business segment of the... More...>>
09/21/201611:50AMDJNTeamsters Working to Organize Drivers at XPO Logistics
The International Brotherhood of Teamsters is mounting a campaign to organize truckers driving for XPO Logistics Inc., opening a new front in the union's push to revive its influence in the trucking industry. Last week, the Teamsters announced that drivers for XPO Logistics Inc. in Aurora, Ill. and workers at XPO's... More...>>
09/21/201611:44AMDJNTeamsters Mounting Campaign to Organize Drivers at XPO Logistics
By Robbie Whelan The International Brotherhood of Teamsters is mounting a campaign to organize truckers driving for XPO Logistics Inc., opening a new front in the union's push to revive its influence in the trucking industry. Last week, the Teamsters announced that drivers for XPO Logistics Inc. in Aurora, Ill. and... More...>>
09/21/20165:59AMDJNNew Airborne Technologies Promise to Better Link Planes and Satellites
By Andy Pasztor Hawaiian Airlines and FedEx Corp. are trying novel airborne technologies that promise to cut the cost, reduce the weight and exponentially increase the capacity of communication systems connecting aircraft with satellites. But the moves also raise cybersecurity issues, because experts say such links eventually... More...>>
09/21/20163:03AMDJNFedEx Delivers a Strong Showing -- WSJ
Revenue and margins increase at key units; delivery giant expects strong holiday season By Mike Esterl FedEx Corp. said revenue and operating margins rose at its key express and ground units in its fiscal first quarter and predicted that income also would rise for the year despite being dragged down by newly acquired TNT... More...>>
09/20/20169:05PMDJNFedEx Lifts Outlook as It Integrates TNT Express -- 3rd Update
By Mike Esterl FedEx Corp. said revenue and operating margins rose at its key express and ground units in its fiscal first quarter and predicted that income also would rise for the year despite being dragged down by newly acquired TNT Express NV. The Memphis, Tenn., delivery giant also said Tuesday it expects another record... More...>>
09/20/20166:52PMDJNFedEx Lifts Outlook as It Integrates TNT Express--2nd Update
By Mike Esterl FedEx Corp. said revenue and operating margins rose at its key express and ground units in its fiscal first quarter and predicted that income also would rise for the year despite being dragged down by newly acquired TNT Express NV. The Memphis, Tenn., delivery giant also said Tuesday it expects another record... More...>>
09/20/20166:10PMDJNFedEx Lifts Outlook as It Integrates TNT Express--Update
By Anne Steele FedEx Corp. increased its earnings forecast for the year as the package-delivery giant works to integrate the Dutch parcel firm TNT Express NV amid a tepid economic outlook. The company also reported revenue and adjusted earnings for the August quarter that topped expectations, lifting shares of FedEx by... More...>>
09/20/20166:09PMDJNCorrection to FedEx Earnings Story
"FedEx Cuts Outlook as It Integrates TNT Express" at 4:51 p.m. ET misstated the company's new outlook and incorrectly said the company had lowered its guidance in the story and headline. FedEx said it now expects earnings excluding certain costs of $11.85 to $12.35 a share. Previously, it had forecast adjusted... More...>>
09/20/20165:30PMDJNFedEx Cuts Outlook After TNT Buy
FedEx Corp. lowered its yearly guidance to include its acquisition of TNT Express NV as the package-delivery giant works to integrate the Dutch parcel firm amid a tepid economic outlook. Still, adjusted earnings and revenue topped expectations, and shares in the company added 1.2% to $164.58 in after-hours trading. FedEx... More...>>
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