FedEx News Updates

Business, Equipment, Logistics, TCA

Ex-FedEx Cargo Jet to Get New Life as Airbnb

A former FedEx cargo jet embarked on a final journey April 6 — not in the air but instead carefully hauled on an Alaskan highway at 20 mph from Anchorage’s Merrill Field airport to Big Lake.

April 10, 2023
Business, Equipment, Logistics, Breaking News, For-Hire

FedEx to Merge Ground, Express Units

FedEx Corp. will combine nearly all of its ground, air and other operations by June 2024 as part of a $4 billion cost-cutting initiative, the company announced April 5.

April 5, 2023
Business, Logistics, For-Hire, Global Freight

FedEx Boosts Profit Forecast, Cites Cost Cuts as Effective

FedEx Corp.’s shares jumped the most in nine months after the courier boosted its profit outlook, signaling efforts to cut costs are helping counter a decline in package volume.

March 17, 2023
Business, Logistics, For-Hire, Global Freight

FedEx Pilots Plan Strike Authorization Vote as Labor Talks Stall

FedEx Corp. pilots are inching closer to a potential strike as negotiations stall on a new labor agreement.

February 23, 2023
Business, For-Hire, Global Freight

FedEx to Cut Management Jobs by More Than 10%

FedEx Corp. is cutting global officer and director jobs by more than 10%, the courier’s latest cost-saving measure as economic concerns and waning e-commerce weigh on demand for package delivery.

February 1, 2023
Business, Logistics, For-Hire

FedEx Implementing Ranking System for Delivery Contractors

FedEx Corp. is rolling out a new system for evaluating its delivery contractors that rank them like Olympic medal winners.

January 31, 2023
Business

Q&A: FedEx Founder, Veteran Fred Smith Offers Unusual Gift

Fred Smith, the founder of FedEx, believes that if you’ve done well, you should give back to the public interest.

January 11, 2023
Business, Equipment, Logistics

FedEx to Shrink Sunday Delivery Service to 50% of US

FedEx Corp. plans to scale back even more on Sunday package deliveries as the courier grapples with faltering e-commerce demand.

January 10, 2023
Business, For-Hire, Global Freight

FedEx Profit Tops Estimates as Higher Prices Offset Decline in Shipments

FedEx Corp. on Dec. 20 reported fiscal-year, second-quarter income that beat Wall Street expectations and revenue that fell below expectations.

December 21, 2022
Government, Business, Equipment, Safety

Memphis Airport’s New De-icing Pads Boost Cargo Transport

Federal officials unveiled a 3.3 million-square-foot aircraft de-icing pad at Memphis International Airport, where FedEx Corp. has its largest sorting facility.

December 1, 2022