FEDEX News (NYSE:FDX)

DateTimeSource
Headline
01/11/20179:25AMDJNWalgreens to Offer FedEx Dropoff and Pickup at Walgreens Locations Nationwide
Walgreen Boots Alliance Inc. (WBA) and FedEx Corp. (FDX) are cooperating in a deal that will offer FedEx pickup and dropoff at Walgreens locations across the U.S. The service will start in the next few months, according to FedEx. "Walgreens, with its strong focus on customer care, is the perfect retailer to help us... More...>>
01/11/20177:45AMBWWalgreens and FedEx Team Up to Offer FedEx Dropoff and Pickup at Thousands of Walgreens Locations Nationwide
Walgreens and FedEx customers to benefit from additional convenient and secure delivery locations FedEx Corp. (NYSE: FDX) and Walgreen Co., one of the nation’s largest drugstore chains, announced a long-term alliance agreement that will offer convenient access to FedEx dropoff and pickup services at thousands of Walgreens... More...>>
12/29/20163:02AMDJNHoliday Shoppers Were in Good Spirits -- WSJ
Early tallies indicate higher sales this year amid better prospects for jobs and wages By Paul Ziobro Surging online orders and last-minute shoppers helped retailers make up for a slow start to the holiday-shopping season, fueling hopes that higher wages, the rising stock market, and lower food and gas prices prompted... More...>>
12/28/20163:48PMDJNU.S. Retailers on Pace for Best Holiday Season in Years
By Paul Ziobro Surging online orders and last-minute shoppers helped retailers make up for a slow start to the holiday-shopping season, fueling hopes that higher wages, the rising stock market, and lower food and gas prices prompted Americans to spend more. Estimates from retail research firms suggest sales growth in the... More...>>
12/20/20165:34PMDJNFedEx Operating Margins Retreat in Latest Quarter
By Ezequiel Minaya Package delivery giant FedEx Corp. saw operating margins slide in its latest quarter, offsetting gains on expanding volumes tied to an e-commerce boom. Operating margin for the quarter ended Nov. 30 retreated to 7.8% from 9.1% during the same period a year earlier. Acquisition costs linked to the takeover... More...>>
12/20/20164:15PMBWFedEx Corp. Reports Increased Revenue, Operating Income
FedEx Corp. (NYSE: FDX) today reported earnings of $2.59 per diluted share ($2.80 per diluted share on an adjusted basis) for the second quarter ended November 30, compared to earnings of $2.44 per diluted share a year ago ($2.58 per diluted share last year on an adjusted basis). This year’s and last year’s quarterly... More...>>
12/19/20166:07PMDJNOnline Shopping Packages May Help FedEx Deliver for Investors -- Earnings Preview
By Paul Ziobro FedEx Corp. is scheduled to release its fiscal second-quarter earnings after the market close Tuesday. Here's what you need to know: EARNINGS FORECAST: Analysts polled by Thomson Reuters expected FedEx to earn $2.90 a share in the quarter, excluding certain costs tied to its acquisition of TNT Express... More...>>
12/15/20165:59AMDJNAs Last-Minute Shoppers Go Online, Retailers Brace for Trouble
By Laura Stevens Last-minute online shoppers, beware: A perfect e-commerce storm could be in the making for the holidays. An unusual calendar confluence means consumers are getting a later start on their holiday shopping. The rush -- amplified by likely record-breaking online sales -- is setting retailers and carriers... More...>>
12/14/20163:02AMDJNHolidays Test UPS And FedEx -- WSJ
Carriers' on-time rates fall slightly as surge in shipping volumes surpasses expectations By Erica E. Phillips and Jennifer Smith United Parcel Service Inc. and FedEx Corp. are straining to keep up with holiday shipping volumes that have blown past expectations, delaying the delivery of some of the millions of online... More...>>
12/13/20168:40AMDJNUPS, FedEx Struggle to Keep Up With Surge in Holiday Orders
United Parcel Service Inc. and FedEx Corp. are straining to keep up with holiday shipping volumes that have blown past expectations, delaying the delivery of some of the millions of online orders shoppers have placed since Thanksgiving. UPS has relocated hundreds of staff from its headquarters and other corporate offices... More...>>
12/13/20167:29AMDJNUPS, FedEx Struggle to Keep Up With Surge in Holiday Orders
By Erica E. Phillips and Jennifer Smith United Parcel Service Inc. and FedEx Corp. are straining to keep up with holiday shipping volumes that have blown past expectations, delaying the delivery of some of the millions of online orders shoppers have placed since Thanksgiving. UPS has relocated hundreds of staff from its... More...>>
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
Amazon.com 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...>>
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