11/29/20164:10PMDJNOnline Shopping Adds Muscle to Holiday Sales
As the holiday spending season kicks off, online shopping is emerging as a clear winner, helped by increased use of mobile phones. E-commerce accounted for 25% of consumer spending on Black Friday and the two days prior, up from 18% last year and nearly double the figure for the same period four years ago, according to... More...>>
11/22/20169:20PMDJNAmazon's Holiday Deliveries Face Turbulence From Pilot Strike Inc.'s newly established in-house transportation network is facing a rocky start to its all-important holiday season. Pilots contracted to deliver Amazon packages began picketing Tuesday because of a longstanding labor dispute, a sign of further potential disruptions through the end of the year at one of... More...>>
11/18/20169:00AMBWFedEx Corp. Board Declares Quarterly Dividend
The Board of Directors of FedEx Corporation (NYSE: FDX) today declared a quarterly cash dividend of $0.40 per share on FedEx Corporation common stock. The dividend is payable January 3, 2017 to stockholders of record at the close of business on December 12, 2016. FedEx Corp. (NYSE: FDX) provides customers and businesses... More...>>
11/15/20162:00PMDJNU.S. Postal Service Loss Widens as Higher Costs Offset Revenue Growth
The U.S. Postal Service reported a wider loss for the fiscal year ended Sept. 30 as growth in shipping and package volume boosted revenue but also led to higher spending. USPS has been competing for share in the growing market for package delivery spurred by an increase in e-commerce against shipping giants UPS and Federal... More...>>
11/14/201612:26PMPRNUSLe Bonheur Children's Hospital and FedEx Building on the Promise
Le Bonheur Children's Hospital and FedEx Building on the Promise FedExFamilyHouse will triple in size and launch $12 million building campaign PR Newswire MEMPHIS, Tenn., Nov. 14, 2016 MEMPHIS, Tenn., Nov. 14, 2016 /PRNewswire-USNewswire/ -- FedExFamilyHouse, a home away from home to out-of-town families of patients at... More...>>
11/11/201612:11PMBWTrees for Troops – Delivering the Holidays for the Military
18,000 Fresh Christmas Trees to be Shipped to U.S. Service Members and Families FedEx Corp. (NYSE: FDX) and the Christmas SPIRIT Foundation are joining forces again for a special delivery to America’s service members and their families with the Trees for Troops program. This Smart News Release features multimedia. View... More...>>
11/09/201611:10AMDJNBusinesses World-Wide Face Uncertainty in Wake of Trump Victory
Executives world-wide returned to work Wednesday to face a radically changed political landscape as they weighed the ramifications of Donald Trump's surprise election win—the second big shift for global businesses in recent months after the U.K.'s Brexit vote. The upset victory by the Republican nominee... More...>>
11/08/20166:20PMDJNTrucker J.B. Hunt Will Add to Fleet in 2017
As weak demand sends new heavy-duty truck orders plummeting, at least one major carrier is planning to put more vehicles on the road. Lowell, Ark.-based J.B. Hunt Transport Services Inc., the third-largest U.S. trucking company by revenue, expects to add 500 to 700 trucks next year to its dedicated contract services business... More...>>
11/07/20163:24PMBWEbony Magazine Names Matthew Thornton, III of FedEx Express to 2016 Power 100 List of World’s Most Inspiring African Americ...
FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, today announced that Matthew Thornton, III, senior vice president of U.S. Operations, has been named to Ebony Magazine’s 2016 Power 100 list of the world’s most influential and inspiring African Americans... More...>>
11/07/20161:30PMDJNUPS Acquires Marken to Focus More on Medical Deliveries
United Parcel Service Inc. said Monday it agreed to acquire clinical logistics company Marken Ltd., deepening its push into the profitable business of medical deliveries. The move by UPS into the highly specialized industry could help it expand its express delivery business at a time when many of its traditional industrial... More...>>
10/28/20166:20PMDJNAmazon's Shipping Costs Likely to Surge With Holiday Orders Inc.'s shipping costs are likely to spiral higher in the fourth quarter because of the combination of more expensive fast shipping and greater holiday-related volumes. The online-retail firm has been rolling out free deliveries in as fast as an hour to its Prime members, most of whom pay a $99 annual fee... More...>>
10/27/20167:32AMPRNUSNew Research Uncovers Alarming Dangers in School Zones [Infographic]
New Research Uncovers Alarming Dangers in School Zones [Infographic] Safe Kids Worldwide Calls on Communities to Take Action to Protect Kids on the Move PR Newswire WASHINGTON, Oct. 27, 2016 WASHINGTON, Oct. 27, 2016 /PRNewswire-USNewswire/ -- A new report released today from Safe Kids Worldwide, made possible with support... More...>>
10/25/20169:32AMBWGENCO, A FedEx Company Introduces Scalable Warehouse Solution for Healthcare Manufacturers
Leading third-party logistics provider (3PL) introduces multi-tenant warehouse model in Milton, Ontario, and Memphis, Tennessee GENCO, A FedEx Company today announced an expansion of its network with the introduction of a multi-tenant warehousing solution, continuing to meet the evolving needs of healthcare customers in... More...>>
10/21/20165:10PMDJNUPS Union Starts Strike Authorization Vote; No Near-Term Impact Expected
Aircraft maintenance workers at United Parcel Service Inc. began a strike authorization vote Friday, but union and company representatives ruled out a work stoppage during the holiday-shipping season. The International Brotherhood of Teamsters said the move affecting roughly 1,200 UPS airplane mechanics and support staff... More...>>
10/13/20165:20PMDJNSome XPO Logistics Workers Vote to Unionize
XPO Logistics Inc. warehouse workers and truck drivers in Connecticut and Illinois have voted to join the International Brotherhood of Teamsters, the union said Thursday. A majority of 127 warehouse workers in North Haven, Conn., voted to become the first warehouse workers at XPO to form a union in the U.S., the Teamsters... More...>>
10/13/20162:16PMBWFedEx, Direct Relief, International Medical Corps & Heart to Heart International Team Up to Deliver Supplies and Aid to Haiti
More than 30 tons of critical aid is on the ground and in the hands of relief workers in Haiti. FedEx Corp. (NYSE: FDX) delivered the emergency supplies on board two charter flights this week in an effort to provide assistance to the people and communities affected by Hurricane Matthew. FedEx supported these disaster relief... More...>>
10/05/20169:50PMDJNDelivery Drivers Sue Amazon, Alleging Violation of Labor Laws Inc. is being sued by three drivers, making the online retail giant the latest company to face legal action over the use of independent contractors in its delivery operation. The proposed class-action lawsuit, filed Tuesday in federal court in Seattle by drivers for and Amazon Logistics Inc., alleges... More...>>
10/03/201610:00AMGLOBEFedEx Cares 2016 Fall Campaign to Deliver Positive Change Around the World
MEMPHIS, Tenn., Oct. 03, 2016 (GLOBE NEWSWIRE) -- More than 15,000 FedEx team members from around the world will dedicate their time and skills to community service in celebration of the company’s annual FedEx Cares Fall Campaign.  FedEx Corp. (NYSE:FDX) launched this effort in a handful of U.S. cities in 2005 and... More...>>
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...>>
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