Company
FedEx
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FedEx to end ground delivery business with Amazon
New York, NY — FedEx says it will no longer make ground deliveries for Amazon as the online shopping giant builds its own fleet and becomes more of a threat to delivery companies. The announcement Wednesday comes two months after…
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Lowe’s, FedEx collaborate on autonomous delivery robot
Mooresville, NC — Lowe’s is helping FedEx understand Lowe’s customers’ needs in an effort to bring those visions to life with same-day delivery via the FedEx SameDay Bot. FedEx is developing this technology to provide safe, efficient and environmentally friendly…
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FedEx unveils autonomous delivery robot
Memphis, TN — FedEx announced a development in cutting-edge delivery solutions to meet the rapidly changing needs of consumers — the FedEx SameDay Bot — an autonomous delivery device designed to help retailers make same-day and last-mile deliveries to their…
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Canadian sailor loses case against FedEx for lost rare coins worth as much as $38,000
Halifax, NS — A top Canadian naval officer is out 50 rare coins he valued at $38,000 with little to show for it, after a Nova Scotia small claims court found FedEx Canada not liable for the full value of…
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FedEx steps into $9B online market for delivery of large items
Memphis, TN — FedEx Corp. is testing full-service residential delivery of bulky products, a $9 billion market that couriers had left to more traditional trucking companies because large items don’t fit well in their sorting operations, according to a report…
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FedEx plans buyouts after weak international 2Q shipping
Omaha, NB — FedEx Corp. delivered a disappointing earnings report Tuesday and said it plans to offer buyouts to some of its workers and reduce spending to make up for weak international shipping, especially in Europe. The Memphis, Tennessee-based company…
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FedEx profit jumps 40 per cent on strong shipping demand
Dallas, TX — The growing economy, lower taxes and changing habits of American shoppers are helping boost profit at FedEx Corp. The delivery giant said Monday that it earned $835 million in the quarter that ended Aug. 31, a 40…
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FedEx modernizes its fleet with more 767 Freighters and 777 Freighters
Seattle, WA — Boeing announced a new order from FedEx, the world’s largest air cargo carrier, for 12 767 Freighters and 12 777 Freighters. “We are taking another positive step in our fleet modernization program as we add more efficient,…
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FedEx investing $1 billion to modernize Tennessee hub
Memphis, TN – FedEx said Wednesday that it is investing more than $1 billion to modernize and expand its Tennessee hub, in a move the shipping giant says will improve its efficiency and reliability as it delivers packages throughout the world. FedEx…
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Canadians continue to embrace online shopping: FedEx
Mississauga, ON — Sixty-five per cent of Canadians plan to do some or all of their holiday shopping online this season, according to a new survey by FedEx Express Canada, a subsidiary of FedEx Corp. The fifth annual FedEx Online…
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FedEx delivers 30 tonnes of aid to hurricane devastated Haiti
MEMPHIS, Tenn.–FedEx has delivered more than 30 tonnes of critical aid on board two charter flights recently in a move to provide assistance to the people and communities affected by Hurricane Matthew. FedEx supported these disaster relief efforts through Direct…
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FedEx acquires TNT Express
MEMPHIS, Tenn. & HOOFDDORP, Neth.– FedEx Corporation and TNT Express N.V. have jointly announced that FedEx has acquired TNT Express. “This acquisition is a significant accomplishment and marks the beginning of a new era, filled with promise for our people,…