FedEx News Updates

Business, Logistics, Top 100

FedEx Surges After Higher Rates Boost Profit, Ease Labor Worries

FedEx Corp. rode increased prices to post profit above analysts鈥 estimates, bolstering the company鈥檚 outlook and easing investor concerns over higher labor U.S. costs. The shares rose in late trading.

December 16, 2021
Business, Logistics, Top 100, TCA

FedEx Invests $72 Million in Miami Airport Cargo Hub

FedEx Corp. began operations Dec. 15 at its substantially bigger air cargo hub at Miami International Airport. The $72 million addition, two years under development and roughly the size of two football fields, doubles the hub鈥檚 size to 282,000 square feet.

December 16, 2021
Business, Logistics, TCA

UPS, FedEx, USPS Holiday Shipping Deadlines Draw Near

Dec. 15 is the last day for ground delivery by Christmas with FedEx and USPS, while UPS recommends using its website to get an estimate. Here are other holiday shipping deadlines for the three major carriers.

December 14, 2021
Business, Logistics

Trucking Reports Busy Black Friday Weekend

Black Friday weekend was particularly busy for the trucking industry with strong demand coming from retailers and supply chain issues.

December 8, 2021
Business, Logistics, Top 100

FedEx Closes Hong Kong Crew Base Amid Stricter COVID Rules

FedEx Corp. is shutting its crew base in Hong Kong, the world鈥檚 busiest international cargo hub, and relocating its pilots as the city considers stricter measures on flight crews to curb the spread of COVID.

November 17, 2021
Business, Logistics, Top 100, TCA

UPS, FedEx, USPS Set Holiday Shipping Dates

Though it鈥檚 not yet Halloween, delivery companies UPS Inc., FedEx Corp. and the U.S. Postal Service have released their recommended deadlines to ship packages in time for the holidays.

October 12, 2021
Business, Logistics, Top 100

UPS, FedEx, Walmart Hunting for Holiday Staffing

NEW YORK 鈥 All employers want for Christmas is some holiday help. But they might not get their wish. Companies like UPS Inc., FedEx Corp. and Walmart Inc. that typically hire thousands of seasonal workers are heading into the holidays during one of the tightest job markets in decades, making it unlikely they will find all the workers they need.

October 12, 2021
Business, Technology, Equipment, Safety, Autonomous

FedEx, Paccar, Aurora Launch Autonomous Trucking Pilot

Aurora Innovation Inc., Paccar Inc. and FedEx Corp. launched a commercial pilot of autonomous trucking in Texas.

September 22, 2021
Business, Logistics, Top 100

FedEx Revenue Rises, but Higher Labor Costs Affect Bottom Line

FedEx Corp. reported an increase in revenue for its fiscal first quarter, but said rising costs affected bottom-line results for the period.

September 21, 2021
Business, Logistics, Top 100

FedEx Sets Rate Increase, Cites Challenging Operating Environment

FedEx Corp. plans to raise its delivery rates in 2022 by the most in at least a decade as the courier shoulders rising costs in what it called a 鈥渃hallenging operating environment.鈥

September 21, 2021