FedEx News Updates

Business

FedEx to Raise Ground Rates 4.9%

FedEx Corp. said it would raise shipping rates for its Ground and 91视频 Delivery units by a net average of 4.9%, effective Jan. 3.

December 3, 2010
Business

FedEx Calls for Tax Credits for Electric Vehicles

FedEx Corp. has joined utilities, vehicle manufacturers and other companies in pushing for a tax credit for fleets that buy electric vehicles, Bloomberg reported.

November 15, 2010
Business

FedEx Expects 11% Gain in Holiday Package Volume

FedEx Corp. said it expects to handle 223.3 million items between Thanksgiving and Christmas this year, an 11% increase over the same period last year.

November 12, 2010
Business

FedEx Freight Will Return to Profitability Through LTL Restructuring, Logue Says

The impending combination of FedEx Corp.鈥檚 two less-than-truckload networks is a 鈥済ame-changing growth strategy鈥 that will return FedEx Freight to profitability while maintaining volume in a slimmed-down LTL operation, the company鈥檚 top executive said last week.

October 4, 2010
Business

FedEx to Boost LTL Rates 6.9%

FedEx Corp.鈥檚 less-than-truckload units will impose a 6.9% general rate increase effective Nov. 1, the company said Wednesday.

September 29, 2010
Business

FedEx Expands Overnight Services

FedEx Express said Wednesday it is expanding its domestic service offerings, including FedEx First Overnight, and is adding a Saturday overnight service.

September 22, 2010
Business

FedEx to Overhaul Freight Unit by Combining LTL Operations

FedEx Corp. last week said it doubled its quarterly profits, largely because of strong international business, and announced a major overhaul of its money-losing domestic less-than-truckload operations.

September 20, 2010
Business

FedEx鈥檚 1Q Income Jumps; Company Will Combine Freight, LTL Units In January

FedEx Corp.鈥檚 first-quarter earnings more than doubled and the company said it will combine its freight and less-than-truckload units in January.

September 16, 2010
Business

FedEx to Pay $3 Million to Massachusetts in Contractor Case Settlement

The Massachusetts attorney general鈥檚 office said FedEx Ground has agreed to pay the state $3 million to settle claims that FedEx allegedly misclassified its drivers as independent contractors.

July 22, 2010
Business

FedEx Ground Plans New Chicago Distribution Center

FedEx Ground, the small-package ground unit of FedEx Corp., is building a package sorting and delivery station that would be the company鈥檚 fifth in the Chicago area.

June 25, 2010