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.

22 Oct 2021
International air freight and last-mile delivery saw the fastest revenue growth in the transportation sector last year, while industrial transportation suffered.
05 May 2016
JOC Senior Content Editor Alessandra Barrett and Executive Vice President and Chief Operating Officer of FedEx Trade Networks Dr. Udo Lange discuss how e-commerce is shaping shipping and logistics now, and how it will continue to shape the industry in the future as the gap between e-commerce and traditional commerce narrows.
25 Apr 2016
TNT Express narrowed its net loss in the first quarter to 14 million euros ($15.8 million) from 19 million euros a year ago as it prepares to be taken over by its larger U.S. rival FedEx.
05 Apr 2016
Three acquisition-hungry companies, XPO Logistics, Celadon Group and Daseke, were the fastest-growing businesses on a list of the 50 largest U.S. trucking companies in 2015.
17 Mar 2016
Suggestions that Amazon.com’s forays into air freight and logistics might disrupt the business of traditional package carriers or compete with them are “fantastical,” FedEx founder and Chief Executive Officer Fred Smith said Wednesday. “Let me emphasize I choose this word carefully,” Smith said.
16 Mar 2016
Stronger-than-expected online shipping demand pressured various points in FedEx's transportation network in December, raising volumes on air and ground in the quarter that ended Feb. 29.
24 Feb 2016
The ground package arm of FedEx will lease a CenterPoint-owned distribution and sorting facility in Auburn, Washington, six miles from Amazon's Kent fulfillment center and close to the ports of Seattle and Tacoma.
16 Feb 2016
TNT Express returned to the black in the fourth quarter of 2015 as strong growth in European revenues more than offset declines in Brazil and China and its restructuring program gained momentum.
08 Jan 2016
EU antitrust regulators today unconditionally approved FedEx’s 4.4 billion euros ($4.75 billion) acquisition of TNT Express.
16 Dec 2015
A steady influx of e-commerce shipments on the ground gave FedEx lift in the quarter that ended Nov. 30, despite weakness in global trade and faltering U.S. industrial production.
15 Dec 2015
France’s competition regulator has fined 20 parcel delivery companies, including FedEx and DHL Express, a total of 672 million euros ($739 million) for colluding over fuel surcharges.
21 Oct 2015
European Union antitrust regulators will not challenge FedEx’s 4.4 billion euros ($5 billion) acquisition of TNT Express, the companies said.
16 Sep 2015
Weak demand in the less-than-truckload market and higher-than-expected operating costs in its ground segment spurred FedEx to trim down its earnings outlook for 2016.
14 Aug 2015
FedEx Trade Networks, the growing freight forwarding and customs brokerage arm of the global shipping giant, has named Udo Lange its executive vice president and chief operating officer.
03 Aug 2015
FedEx and TNT Express said they still expect to merge in the first half of 2016 despite the European Commission’s decision to launch an in-depth investigation of the US firm’s 4.4 billion euro ($4.8 billion) acquisition of its smaller Dutch rival.
31 Jul 2015
The European Union has opened an investigation into FedEx’s efforts to acquire TNT Express on the grounds that there would be insufficient competition in the market.
22 Jul 2015
FedEx Express is re-engineering its global network by replacing older, higher capacity planes with more efficient, technically advanced aircraft that have lighter payloads. The result should be a more efficient, higher yield operation in an era of slower air cargo trade.
20 Jul 2015
The European Shippers’ Council adamantly opposed UPS’ proposed takeover TNT Express, but the group has no qualms with FedEx buying the ailing parcel provider for $4.8 billion.
29 Jun 2015
FedEx has formally asked European Union competition regulators to approve its 4.4 billion euro bid ($4.9 billion) for TNT Express two years after they rejected a planned 5.2 billion euro takeover by its U.S. rival United Parcel Service.
17 Jun 2015
FedEx reported its first quarterly loss since 2009, thanks to a $2.2 billion pension-related pre-tax charge that bit deep into earnings. Unfavorable exchange rates, a drop in international priority volume and low fuel surcharge revenue also stung the global transport operator.
12 Jun 2015
FedEx Ground will pay $228 million to settle claims in a California worker misclassification lawsuit. That case is one of several revolving around the definitions of employee and contractor pending in federal court.
13 Apr 2015
The "unprecedented" growth of e-commerce, coupled with rapid development of mobile technology, is changing the playbook for shippers and transport operators alike.
07 Apr 2015
After FedEx Corp. unveiled a $4.8 billion deal to acquire Dutch company TNT Express this week, the immediate focus was on how the merger would significantly boost the U.S.-based company’s footprint in the European express market.
07 Apr 2015
FedEx Corp. on Tuesday unveiled a €4.4 billion ($4.8 billion) agreed takeover of TNT Express, two years after European regulators shot down United Parcel Service’s bid for the Dutch company.
03 Feb 2015
FedEx’s growing freight forwarding and customs brokerage arm is expanding its services connecting to Latin Amer
23 Dec 2014
The door to China’s domestic courier market is about to be opened a little wider for foreign service providers, as the State Post Bureau prepares to green light Kerry Logistics and Japanese firms Yamato Logistics and OCS (Overseas Courier Service) to operate in the mainland express market.
17 Dec 2014
Rising volumes propelled FedEx profit up 23 percent year-over-year to $616 million in its second quarter ended Nov. 30, the second-largest U.S. transport operator reported today.
16 Dec 2014
With the acquisition of GENCO, everything old is new again for FedEx — or at least resellable.
09 Dec 2014
FedEx and UPS have boosted their on-time delivery performance to 91 to 95 percent, compared with 83 to 89 percent a year ago, bolstering hopes for a happier holiday season.
13 Nov 2014
The third quarter was good to practically all the publicly owned U.S. trucking companies: none reported losses, and their combined revenue rose 10.7 percent to more than $10 billion, supported by a second quarter of stronger freight demand and economic growth.
13 Nov 2014
Road and city drivers at a FedEx Freight terminal in Newark, N.J., voted against joining the Teamsters union — the second victory for FedEx Freight in four elections.
12 Nov 2014
The millions of products ordered online in China during the November 11 “Singles Day” will have to be delivered across mainland China in the next couple of weeks, placing intense pressure on distribution networks in the country.
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.
21 Oct 2014
UPS will raise freight rates for air and ground packages, domestic and international shipments and less-than-truckload freight by 4.9 percent on average Dec. 29, the company said Monday.
06 Oct 2014
A Kansas court decision could influence 20 class action lawsuits claiming FedEx Ground drivers in the last decade were employees, not independent contractors.
03 Oct 2014
Major U.S. parcel carriers are pressuring retailers to be more realistic in shipping expectations in order to avoid a repeat of the 2013 holiday season, when over 2 million express packages were not delivered by Christmas Eve.