FedEx Corp. said Thursday its third-quarter net income more than doubled, to $521 million, or $1.65 per share, from $231 million, or 73 cents, a year ago.
March 22, 2012Business
Smith Debuts All-Electric Van That FedEx Express Will Use
Smith Electric Vehicles Corp. has unveiled an all-electric vehicle called the Newton Step Van that will be used by FedEx Express.
March 26, 2012Business
FedEx Corp.鈥檚 3Q Profit Improves
Business
FedEx鈥檚 2Q Profit Jumps on Higher Deliveries
FedEx Corp.鈥檚 fiscal second-quarter profit nearly doubled, boosted by higher holiday-season sales, and the company said it will purchase 27 new jets for its FedEx Express service in the next few years.
December 15, 2011Business
FedEx Ground Sets 4.9% Rate Increase for 2012
FedEx Corp. said it will boost rates for its FedEx Ground and FedEx home delivery services by 4.9% next year.
December 5, 2011Business
FedEx Reports Higher Quarterly Earnings But Lowers Profit Forecast for Fiscal Year
Package delivery giant FedEx Corp. improved net income by 22% to $464 million in its fiscal first quarter as the less-than-truckload unit delivered solid profit growth.
September 26, 2011Business
FedEx鈥檚 1Q Profit Improves; Company Trims Full-Year Outlook
FedEx Corp.鈥檚 fiscal first-quarter improved from a year ago, but the company trimmed its full-year earnings forecast slightly on higher fuel costs and a moderate economic growth outlook.
September 22, 2011Business
FedEx Freight Expands Service in Mexico
FedEx Freight, the less-than-truckload unit of FedEx Corp., said Tuesday it is adding service to three new markets in Mexico.
August 30, 2011Business
FedEx Freight Sets 6.75% Rate Increase
FedEx Freight, the less-than-truckload unit of FedEx Corp., said Monday it will implement a 6.75% general rate increase, effective Sept. 6.
August 8, 2011Business
FedEx Adding 4,000 New, Fuel-Efficient Vehicles
FedEx Express said it will add more than 4,000 fuel-efficient vehicles to its fleet around the country, including some all-electric vehicles.
June 29, 2011Business
FedEx 4Q Earnings Rise 33% on Resurgence of LTL Unit
FedEx Corp.鈥檚 earnings jumped 33% in its fiscal fourth quarter, led by a return to profitability at its less-than-truckload FedEx Freight unit after six consecutive quarters of losses.
June 27, 2011