The Justice Department has dismissed charges that FedEx illegally transported prescription drugs.
June 20, 2016Business
FedEx to Settle Driver Lawsuits in 20 States for $240 Million
FedEx Ground Package System Inc. has agreed to pay drivers in 20 states $240 million to settle lawsuits claiming the second-largest U.S. parcel delivery company misclassified them as independent contractors, it said on June 16.
June 17, 2016Business
FedEx to Lease More Land at Memphis Airport
Memphis, Tennessee, airport officials will consider leasing about 15 more acres to their largest tenant, FedEx.
June 16, 2016Business, Equipment
FedEx, Bridgestone Settle 2014 Fatal Wyoming Crash Lawsuits
CHEYENNE, Wyoming — Federal lawsuits filed last year against Bridgestone Americas Tire Operations and FedEx Ground Package Systems Inc. in connection with a triple-fatal collision that happened here on Interstate 80 have settled out of court.
June 13, 2016Business
Pennsylvania Will Be Site of FedEx Ground's Largest Terminal
ALLENTOWN, Pa. — The FedEx Ground terminal planned in Northampton County will bring hundreds of jobs to the Lehigh Valley region and become the company's largest warehouse and logistics hub among 34 it operates nationwide, a company executive told members of the Valley business community June 8.
June 9, 2016Business
FedEx Incorporating Artificial Intelligence in Trucks, Planes, Founder Fred Smith Says
FedEx board member and author, Joshua Cooper Ramo, believes in the power of supercomputers, meganetworks and artificial intelligence to transform humanity.
June 8, 2016Business
FedEx Receives Permit for $1.7 Million Facility at Idaho Airport
FedEx is moving ahead with its new air cargo facility at the airport in Twins Falls, Idaho.
June 3, 2016Business
FedEx Begins Integrating TNT After Purchase
FedEx Corp. announced last week that it would begin integration of TNT Express assets immediately after completing the $4.9 billion deal, its largest-ever acquisition.
May 30, 2016Business
TNT Deal Raises FedEx Employment to Almost 400,000
In one fell swoop, FedEx Corp. ballooned to nearly 400,000 employees worldwide and close to $58 billion in annual revenues. The jewel of FedEx's acquisition of TNT Express last week is a European road network linking 40 countries, but the heart of FedEx remains in Memphis, Tennessee.
May 29, 2016Business
New FedEx Ground Distribution Center in Pennsylvania Almost Ready to Ship
Construction of a massive new FedEx Ground distribution center in Pittston Township, Pennsylvania, is nearly complete and it should be finished in August, according to a company spokesman.
May 26, 2016