FedEx News Updates

Business, Technology, Logistics

FedEx, FourKites Announce Partnership to Improve Supply Chain

FedEx Corp. and supply chain solutions provider FourKites on June 22 announced an alliance to offer customers new, real-time data and information.

June 22, 2022
Business, Technology, Equipment, Fuel, Logistics, For-Hire

FedEx Takes Delivery of 150 BrightDrop EVs

FedEx Corp. announced June 21 it received its first 150 electric delivery vehicles from BrightDrop, the technology startup from General Motors that is decarbonizing last-mile delivery.

June 21, 2022
Business, For-Hire

FedEx Boosts Dividend, Shakes Up Board

FedEx Corp. boosted its dividend and announced board changes in coordination with activist investor D.E. Shaw & Co., shaking up the courier just two weeks into the tenure of new CEO Raj Subramaniam.

June 14, 2022
Business, Technology, Logistics, For-Hire

FedEx-Backed Freightos to Go Public

Freightos Ltd., a digital platform for global freight-booking services, is set to go public through its tie-up with blank-check company Gesher I Acquisition Corp.

May 31, 2022
Business, TCA

FedEx Driver Helped Tariq Woolen Reach His NFL Dreams

FedEx driver Thailand Pierce gets some of the credit for getting Texas-San Antonio cornerback Tariq Woolen to the NFL as the Seattle Seahawks' fifth-round draft pick.

May 6, 2022
Business, Logistics, Top 100

FedEx Logistics Opens Global Headquarters in Memphis

FedEx Logistics Inc. opened its new global headquarters in Memphis, Tenn., on April 5.

April 6, 2022
Business, Technology, Safety, Logistics, Autonomous, Top 100

FedEx Partners With Elroy Air to Test Pilotless Package Drone

FedEx Corp. is partnering with Elroy Air, a startup that makes a large cargo drone, to test moving packages by air with no pilot on board.

March 30, 2022
Business, Logistics, Breaking News, Top 100

Fred Smith Steps Down as FedEx CEO, Remains Executive Chairman

FedEx Corp. founder Fred Smith is stepping down as CEO of the company and transferring the leadership post to Raj Subramaniam, who currently serves as president and COO, the company announced March 28. Smith will remain as executive chairman.

March 28, 2022
Business, Logistics, Top 100

FedEx Reports Record Q3 Revenue on Holiday Surge

Fueled by a strong holiday shopping season by both its business and consumer customers, FedEx Corp. reported higher fiscal third-quarter earnings.

March 18, 2022
Business, Logistics, Top 100

FedEx Suspends All Service in Russia, Belarus

FedEx Corp. has suspended all services in Russia and Belarus as fighting intensifies following the invasion of Ukraine.

March 4, 2022