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The Greater Albuquerque Chamber of Commerce has sided with FedEx Corp. following a debate with rival package delivery company UPS Inc.
Shares of FedEx Corp. edged higher in premarket trading Tuesday after the package-delivery company raised its earnings forecast for its fiscal second quarter.
FedEx Corp. has raised its forecast of earnings for the November quarter, citing stronger-than-expected growth in international priority and ground shipments.
FedEx Corp. said Thursday it will raise shipping rates for its Ground and Home Delivery units by an average of 4.9 percent in 2010 — 1 percentage point less than this year's rate hike.
FedEx is introducing a new device that can track the temperature, light exposure and location of a package at any point in its journey.
FedEx says the IRS will not impose tax penalties for 2004 through 2006 in the package delivery company's long-running battle over the classification of its FedEx Ground drivers as contractors instead of employees.
FedEx Corp. and UPS Inc. officials argued Tuesday for the first time face to face about whether a labor bill pending in Congress would create a UPS monopoly or an even playing field for all package delivery companies.
The Attorneys General of New York, New Jersey and Montana said Tuesday that they plan to sue FedEx Ground, claiming the unit's classification of workers as independent contractors rather than employees violates state labor laws.
FedEx Corp., the world's second largest package delivery company, said Tuesday the president and CEO of its freight unit will retire.
Under the new points system in place for the FedEx Cup this season, all 30 players in this week's season-ending Tour Championship (on NBC, Saturday and Sunday) have a chance to win the FedEx Cup title.
FedEx Corp. said Thursday it sees signs of improvement in the global economy as international shipments pick up, but warned its profit will remain weak at least through the end of the year.
FedEx Corp., the world's second largest package delivery company, on Friday offered a signal that the global economy is improving, as it raised its first-quarter earnings forecast on better-than-expected international shipments and cost cuts.
An analyst upgraded shares of FedEx Corp. to "Outperform" from "Underperform," saying slight improvements in global package volume, wage cuts and the possible bankruptcy of a major trucking company will drive earnings — and in turn, shares — higher.
The top executive at FedEx Corp. saw his total compensation package drop by about 26 percent to $7.7 million in fiscal 2009 — a year in which thousands of employees were laid off and others took pay cuts, an Associated Press analysis shows.
FedEx Corp. said Friday its board of directors declared a regular quarterly dividend of 11 cents per share.
A federal appeals court ruled Monday that a group of FedEx Corp. employees who claim the company failed to pay them for all hours worked cannot form a class action group.
FedEx, the nation's second largest package shipper, lost more money in the last quarter, as consumers and businesses downsized shipments and the company took over $1 billion in one-time charges.
FedEx Corp. is set to launch a multimillion dollar marketing campaign on Tuesday against chief rival UPS Inc., arguing the world's largest shipping carrier is the driving force behind a bill that would make it easier for FedEx workers to unionize.
FedEx says it will book a total of $1.2 billion in charges in its fiscal fourth quarter as writedowns on the value of two acquisitions ended up being bigger than originally anticipated.
A former FedEx worker admitted Thursday to tipping off thieves who hijacked a company truck in Manhattan and held its driver hostage for hours in a brazen but bungled heist, prosecutors said.
FedEx says it will permanently remove 14 jets from service as part of an overall plan to reduce capacity amid weak economic conditions.
FedEx Corp. has laid off 1,000 employees to meet job cuts the package delivery company announced were coming after third-quarter earnings dropped 75 percent.
FedEx Corp. is trying to play a little hardball with Congress.
Despite gaining new customers from the shrinking U.S. presence of DHL and lower fuel prices, the world's two largest package delivery companies are battening down the hatches as they prepare for weak global economic conditions to get even worse.
Obama Tackles Jobless Woes, but Warns of Limited Funds ?Confronted with concern that his own ambitious agenda and the uncertain climate it has created among employers have slowed hiring, the president defended his policies. Mr.
FedEx Senseaware tracks everything about your package, probably causes OCDWhat do you get when you throw cellular and GPS radios in with an accelerometer, a thermometer and a light sensor? If you answered a decently featured phone, you'd be almost right.
FedEx flies terminally ill girl homeBecause of caring people and a caring company, a terminally ill little Green Forest girl was flown home Friday by air ambulance from M. D. Anderson Cancer Center in Houston, so she can spend her last days surrounded by the people who love her most.
The Day the SWAT Team Came Crashing Through My DoorI remember thinking, as I kneeled at gunpoint with my hands bound on my living room floor, that there had been a terrible, terrible mistake.
Postal Service Fires Back at Obama over InsultThe National Association of Postal Supervisors has fired back at President Barack Obama for dragging the U.S. Postal Service further into the health care debate. In an Aug.
Health Care Goes Postal Obamacare Will Be Run As Well As The Post Office. Fear For Your Lives! By Kyle Smith. 3:56 am August 16, 2009After he was asked, "Who can compete with the government? The answer is nobody," Mr. Obama's answer evoked the public-private competition in the mail business. "UPS and FedEx are doing just fine, right?" the president said. "It's the Post Office that's always having problems."
FedEx converts 92 delivery trucks to diesel hybridsI've said over and over again, along with a lot of other people, that hybrid technology would make the biggest environmental impact if used in delivery trucks, municipal vehicles, and mail trucks.
Come Saturday Morning: If Conservatives Do Pay-To-Play, Is It Still News?The Politico has broken, as an exclusive, the story of a conservative group's pay-for-play scandal that makes the Washington Post's efforts to cuddle up to the Obama White House and Capitol Hill look pretty minimal in comparison:
Principled Conservatism: American Conservative Union Caught Whoring Itself Out to Highest BidderThe ACU, that venerable organization founded by the likes of William F. Buckley and L. Brent Bozell and host of the annual CPAC convention, is no better than a street ho.
American Conservative Union For Sale - CheapThe American Conservative Union asked FedEx for a $2 million check in return for the group's endorsement in a bitter legislative dispute, then flipped and sided with UPS after FedEx refused to pay.
Unions, the National Labor Relations Act , FedEx, UPS and congress on collision courseIf Congress makes FedEx's operations more precarious by changing the law to make it easier for local disputes to cripple its operations, Smith says a multibillion-dollar order for 15 Boeing 777s will be automatically canceled.
Labor in the Driver's SeatIf Congress makes FedEx's operations more precarious by changing the law to make it easier for local disputes to cripple its operations, Smith says a multibillion-dollar order for 15 Boeing 777s will be automatically canceled.
If a public option would drive private health insurance out of business, how do UPS and Fedex survive against the USPS?The next time a pundit claims that a public option will put private health insurance companies out of business and lead to socialized health care, I hope someone asks them how UPS, Fedex, DHL, and hundreds of other smaller delivery companies are still in business, despite having …
Trial Judge Susan Illston Denies Minorities After They Prevail at Trial Against Federal Express one year after the final jury verdict, Judge Illston would disagree with McCoy and the jurors and significantly reduce the verdicts of each of the three employees.
FedEx threatens to cancel Boeing jet orders - WSJ. Reuters report by Bhaswati Mukhopadhyay in Bangalore. Wed Mar 25, 2009 4:27am EDTMarch 25 (Reuters) - FedEx Corp (FDX.N) is threatening to cancel the purchase of billions of dollars worth of new Boeing Co (BA.N) cargo planes if Congress passes a law that would make it easier for unions to organize at the package-delivery company, the Wall Street Journal said …
FedEx warns lawmakers over union legislation"FedEx could cancel contracts for $6.7 billion in American-made planes if Congress makes it easier for unions to organize the delivery giant's workers."
Last night at five til midnight, I was awakened startled, my internal alarm raised by my dogs who alerted me that someone was at my house.
How Not to be a Key Online Influencer by David HendersonA friend initially shared this story with me recently, and I have delayed posting it until confirmation.
Be Careful What You PostA social media "expert" flies to Memphis to make a lucrative presentation to FedEx on digital media. On arriving he Tweets an unflattering comment about the city. What should every social media expert know about Twitter? Within minutes most of FedEx and the city read his Tweet...
Shipping: DHL DiesDHL, a popular shipping alternative to FedEx, UPS and the US Postal Service, has gone belly up in the ever more fun economic crisis.
TSA Agent Steals $200K Worth Of Gear, Resells It On Ebay The TSA reached a mind-boggling new low in customer service this week when it was revealed that one agent had single-handedly absconded with over $200,000 worth of travelers' belongings, primarily cameras and laptops, and proceeded to unload his booty on eBay.
3 charged in Calif. federal courthouse bombingThree people have been indicted on federal charges of using a weapon of mass destruction in the bombings of a federal courthouse and a FedEx building, authorities said Wednesday.
How About If You FedEx Your Luggage?In the past year, air travelers have had to become accustomed to a host of new surcharges, particularly pertaining to baggage.
FedEx flubs; police deliverWhen it absolutely, positively had to get there, someone in Florida used FedEx to ship marijuana to addresses in the Baltimore area.
Rev. Al Sharpton Soaks Up Boycott BucksTerrified of negative publicity, fearful of a consumer boycott or eager to make nice with the civil-rights activist, CEOs write checks, critics say, to NAN and Sharpton - who brandishes the buying power of African-American consumers. In some cases, they hire him as a consultant.
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