FedEx

FedEx

FedEx planes at hub

FedEx Corp. is an American global courier delivery services company headquartered in Memphis that provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. It provides strategic direction and consolidated financial reporting for the operating companies that compete collectively under the FedEx name worldwide: FedEx Express, FedEx Ground, FedEx Freight, FedEx Office, FedEx Custom Critical, FedEx Trade Networks, FedEx Supply Chain Solutions and FedEx Services.

Federal Express, now FedEx Express, first began operations in 1973, with the delivery of 186 packages to 25 U.S cities, and today it has the world’s largest all-cargo air fleet.

FedEx reported its net profit in the third quarter of fiscal year 2014, ending Feb. 28, 2014, was $378 million, increasing 5 percent year-over-year from $361 million.

FedEx founder Frederick W. Smith, the company’s president, chairman and CEO, delivered the keynote at the JOC’s 14th annual TPM conference in Long Beach, Calif., in March 2014:

Frederick W. Smith 

Holiday shopping
23 Oct 2014
FedEx said it has plans in place to handle expected record volume of holiday shipments this year and avoid a repeat of 2013’s late-shipments debacle.
Images for weekly wrap-up
26 Jul 2014
The International Longshore and Warehouse Union and the Pacific Maritime Association met for three days this past week without concluding negotiations; at the weekend, the parties announced a week-long recess in the talks. German carrier Hamburg Süd announced plans to acquire the container operations of Chile’s CCNI, in a move resembling the deal between larger competitor Hapag-Lloyd and Chile’s CSAV, and Crowley is reported to be in talks to acquire Horizon Lines’ Puerto Rico assets. Earnings reports by U.S. truckload carriers are pointing to a stronger freight recovery in the United States, though rail service continues to be held back. And on Friday, Anne S. Ferro announced her departure from the Federal Motor Carrier Safety Administration after five years leading the agency.
21 Jul 2014
The U.S. government “could add meaningful costs and delays to an already overburdened U.S. transportation network” if FedEx and other carriers are forced to stringently examine or refuse packages on the grounds they may contain illegal goods, a Wall Street analyst warns.
FedEx Truck
18 Jul 2014
FedEx officials said today the company will fight federal drug trafficking charges linked to the distribution of prescription medicines illegally sold through Internet pharmacies and defended their efforts to prevent FedEx distribution networks being co-opted for illegal purposes.
16 Jul 2014
FedEx, TNT Express and the U.K.’s Royal Mail are being investigated by French regulators over alleged anti-competitive behavior in the country’s parcel delivery market.
04 Jul 2014
Hurricane Arthur appears to have had little impact on the U.S.
03 Jul 2014
U.S. surface transportation providers, ranging from railroads to trucking companies, are preparing for the approaching Hurricane Arthur.
01 Jul 2014
The U.S. Postal Service wants to change Priority Mail pricing so that overall rates rise slightly, starting in September, but shippers of lightweight packages get a break, a move aimed to capture growing e-commerce business.
18 Jun 2014
The move to dimensional weight pricing should have a positive impact on FedEx, executives with the shipping giant emphasized on the company’s fourth quarter earnings call.
Janice Prezzato
14 May 2014
FedEx Trade Networks' Janice Prezzato, managing director, marketing and customer experience, discusses customer expectations for international freight forwarders and the value of measurements and transparency.
Jack Muhs
12 May 2014
FedEx Trade Networks President/CEO Jack Muhs on the key components to getting your customers' product in the right network at the right price
14 Apr 2014
Federal investigators are trying to piece together the last days of a FedEx truck driver for clues as to why he crossed a highway median and struck a tour bus, killing 10 people.