fedex
FedEx reported stronger fourth-quarter and full-year results, driven by higher package yields, improving international export volumes and more than US$1 billion in transformation-related cost savings, while forecasting continued revenue and earnings growth through the remainder of calendar 2026.
For the fiscal fourth quarter ended May 31, revenue increased to US$25.0 billion from US$22.2 billion a year earlier. Adjusted operating income rose to US$2.09 billion, while adjusted diluted earnings per share increased ...
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FedEx is urging customers importing regulated consumer products into the United States to begin preparing now for the Consumer Product Safety Commission’s (CPSC) mandatory electronic filing requirement, warning that delays in establishing product records could slow customs clearance once the rule takes effect July 8.
In updated guidance for international shippers, ...
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At first glance, two major transportation stories this month appear to point in opposite directions.
FedEx has completed the spin-off of FedEx Freight, creating a standalone less-than-truckload carrier focused exclusively on the North American LTL market. At the same time, Union Pacific and Norfolk Southern are seeking regulatory approval to combine ...
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FedEx Corp. recently transported six giant pandas between Atlanta and Chengdu, China, aboard a FedEx Boeing 777-F, dubbed the “FedEx Panda Express.”Four giant pandas departed Hartsield-Jackson Atlanta International Airport, on Oct. 12, and arrived at the Chengdu Research Base of Giant Panda Breeding on Oct. 13. The four China-bound pandas ...
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FedEx directly contributed more than $80 billion to the global economy in the 2023, financial year despite recent economic pressures, according to the express and logistics company’s annual economic impact report, released on 6 November.Produced in consultation with data and analysis firm Dun & Bradstreet, the study demonstrates the positive ...
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FedEx Corp. and Microsoft Corp. announced ton January 24 the next solution as part of their multiyear collaboration to transform commerce, supply chains and logistics. FedEx and Microsoft will bring together FedEx network intelligence with capabilities from Microsoft Dynamics 365 to introduce a cross-platform “logistics as a service” for retailers, ...
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Atlas Air Worldwide Holdings, Inc. (AAWW) announced its subsidiary Atlas Air, Inc. has entered into a long-term agreement with FedEx to provide two 747-400 freighter aircraft on a full-time aircraft, crew, maintenance and insurance (ACMI) basis. This new agreement is in addition to the company’s existing multi-year peak season contract ...
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The United Arab Emirates (UAE) government announced the Holy Month of Ramadan will start on Wednesday, May 16 or Thursday, May 17 and continue for 30 days until Thursday, June 14 or Friday, June 15.
During this period, the FedEx Trade Networks office in Dubai will have reduced working hours as ...
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Montana Specialty Mills, LLC broke ground on its new $20 million, 20-acre processing center on July 25 at the Great Falls Montana Development Authority’s AgriTech Park. The new facility, expected to be complete by the fall of 2018, will feature state-of-the-art grain processing equipment dedicated to making non-GMO products and ...
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FedEx Trade Networks, the international freight forwarding arm of FedEx Corp. has re-launched Bongo International as FedEx® CrossBorder.
The announcement highlights the FedEx investment in expanding its international e-commerce offerings.
FedEx CrossBorder, a subsidiary of FedEx Trade Networks, offers e-commerce technology solutions that enable e-tailers to navigate common cross-border selling challenges ...
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