FedEx News Updates

Business

FedEx Improves Vehicle Fuel Efficiency 16.6%

FedEx Corp. has increased its vehicle fuel efficiency by 16.6% from 2005 levels, due in part to the use of all-electric vehicles and hybrid fuel vehicles, the company said Monday.

August 20, 2012
Business

FedEx Completes Brazilian Logistics Acquisition

FedEx Corp. said it completed its acquisition of Brazilian logistics firm Rapid茫o Cometa Log铆stica e Transportes S.A.

July 5, 2012
Business

FedEx Completes Acquisition of French Firm Tatex

FedEx Corp. said Tuesday it has completed its acquisition of French express-delivery company Tatex, part of its strategy expand its European business.

July 3, 2012
Business

FedEx鈥檚 Quarterly Profits Rise to $634 Mln.On Strong Performance of LTL Division

FedEx Corp. said its fiscal fourth-quarter earnings, excluding a charge for aircraft retirements, rose to $634 million, helped by a 93% increase in operating income at the FedEx Freight segment.

June 25, 2012
Business

FedEx Reports Higher Adjusted 4Q Profit

FedEx Corp. said Tuesday its fourth-quarter profit slipped to $550 million, or $1.73 per share, from $558 million, or $1.75, a year ago.

June 19, 2012
Business

FedEx Retiring 24 Jets to Cut Costs

FedEx Corp. said it has retired 24 jets to reduce capacity in its U.S. Express division, and will take an $84 million, or 26 cents鈥損er-share, charge in its fiscal fourth quarter that ended May 31.

June 5, 2012
Business

FedEx Express Years Ahead of Making 鈥楪reen鈥 Fleet Goal

FedEx Express said it is 鈥測ears ahead of schedule鈥 in its goal of making its fleet 20% more fuel efficient by 2020.

May 29, 2012
Business

FedEx to Sell Japan Office Business to Konica

FedEx Corp. will sell the Japanese operations of its Office unit, the retail business formerly known as Kinko鈥檚, to Konica Minolta Holdings, Bloomberg reported.

May 14, 2012
Business

FedEx to Buy French Delivery Firm

FedEx Corp. said聽Thursday it will acquire French express-delivery company Tatex as it pursues European growth through small deals and expansion of existing businesses.

May 10, 2012
Business

FedEx Buys Polish Ground Courier

FedEx Corp. said Thursday it has agreed to acquire the Polish courier Opek Sp.z o.o. to expand its services in Europe.

April 5, 2012