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A specially outfitted Boeing 777F dubbed the FedEx Panda Express transported the National Zoo’s three giant pandas to Chengdu, China, Nov. 8 and 9, with a refueling stop in Anchorage, Alaska.

UPS Inc. is set to hire more than 30,000 additional drivers for peak season, a mix of package car drivers, commercial driver license drivers and seasonal support drivers.

FedEx Corp. posted a higher profit than Wall Street expected in its most recent quarter, but trimmed expectations for the full-year period.

UPS Inc. will pay out the biggest portion of its new labor pact over the next 12 months while trying to win back customers it lost during the contentious contract talks, CEO Carol Tomé said.

UPS Inc. will raise prices 5.9%, to take effect on Dec. 26.

Union pilots who fly for FedEx announced on July 24 the rejection of a proposed multiyear contract from the company, with 57% of members voting against the deal.

FedEx Corp. hired John Dietrich, the former head of an aircraft leasing company, as its new chief financial officer amid a sweeping plan to restructure the package delivery giant.

FedEx Corp. finished its 2023 fiscal year with mixed quarterly results as the freight carrier is in the midst of a deep cost-cutting and restructuring effort.

Negotiations were set to resume June 5 between UPS and members of the International Brotherhood of Teamsters, which represents an estimated 360,000 UPS drivers and other workers.

FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.