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FedEx Ground reached an agreement with plaintiffs in an independent contractor lawsuit to settle for $228 million.
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FedEx has added 15 hydrogen fuel cell-powered Charlatte ground support equipment (GSE) cargo tractors and a hydrogen fueling station funded by a $2.5 million grant from the U.S. DOE.
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FedEx Corp. Tuesday announced it will buy European package company TNT Express for $4.8 billion, creating a strong third competitor in the European market.
Read More →Former FedEx executive Dennis Beal has joined XL Hybrids’ advisory board, the alternative-fuel conversion company announced.
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Trucking and package delivery giant FedEx Corp. on Wednesday reported a big jump in profit for its fiscal year second quarter.
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FedEx and the United Parcel Service have added thousands of seasonal employees and rental vehicles ahead of a holiday shopping season that's expected to break records with another increase in online shopping.
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Michael Dana, senior fleet manager EMEIA at FedEx, has been named the International Fleet Manager of the Year 2014. Dana was awarded the title at the annual Fleet Europe Awards.
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With 56 days left until Christmas UPS is expecting to set another record this holiday season in terms of the number of packages it will deliver.
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The Kansas Supreme Court has ruled that a group of about 500 drivers working for FedEx Ground had been misclassified as independent contractors instead of employees.
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Net income totaled $606 million or $2.10 per share, up 37% from last year’s $1.53 per share. Revenue was $11.7 billion, an increase of 6% from the same time a year earlier.
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