FedEx News Updates

Business, Technology, Logistics, Autonomous, Top 100

FedEx, UPS Strive to Automate Loading and Unloading Trucks

As FedEx Corp. and UPS Inc. beef up automation to keep pace with surging e-commerce and a potential threat from Amazon.com, they鈥檝e been stumped at a crucial stage: loading and unloading trucks.

May 3, 2019
Business, Logistics, Top 100

FedEx Earnings Take a Hit as International Shipping Slows

FedEx Corp. reported higher revenue but lower profits in the third quarter of fiscal 2019 and cut its earnings forecast for the remainder of the year.

March 19, 2019
Government, Business, Logistics, Top 100

Tennessee Panel OKs $10 Million for FedEx Project in Memphis

NASHVILLE, Tenn. 鈥 A Tennessee panel has approved a $10 million economic development grant to establish the FedEx Logistics headquarters in downtown Memphis.

March 11, 2019
Business, Technology, Autonomous

FedEx Introduces Same-Day Delivery Robot

FedEx Corp. unveiled an autonomous delivery device designed to help retailers make same-day and last-mile deliveries to customers, showing off the robot on 鈥淭he Tonight Show Starring Jimmy Fallon鈥 on Feb. 26.

March 1, 2019
Business, Top 100

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 鈥減ersonal decision鈥 to retire.

February 15, 2019
Business, Logistics, Top 100

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, 2019
Business, Technology, Logistics, Top 100

FedEx 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.

January 29, 2019
Business, Logistics

FedEx Stock Takes Beating on Bleak European Outlook

FedEx Corp. shares plunged Dec. 19, after its 鈥渏arring鈥 cut to annual forecasts and bleak commentary about European economy and global trade alarmed the market.

December 19, 2018
Business

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.

December 18, 2018
Business, Technology, Logistics

Amazon Thrives on FedEx Delivery Model, but Driver Pay Challenges Persist

Five years on, Amazon.com Inc.鈥檚 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.

December 17, 2018