Daily Archives: February 22, 2017

FedEx Extends Express Air Transportation Contract With United States Postal Service

FedEx Extends Express Air Transportation Contract With United States Postal ServiceMEMPHIS, Tenn., February 23, 2017—FedEx Corp. (NYSE: FDX) today announced that its FedEx Express subsidiary has entered into an extension to the express air transportation contract with the United States Postal Service originally executed on April 23, 2013. The modified contract is expected to generate revenue of approximately $1.5 billion per year for FedEx Express. FedEx Express will provide airport-to-airport t

By | 2017-02-22T23:53:00+00:00 February 22nd, 2017|shippers|0 Comments

UPS Breaks Ground On New Salt Lake City Regional Operations Facility

US 02/23/17Salt Lake City, UT$275 million project will feature advanced automation technology to support 1,500 jobsUPS (NYSE:UPS) will build a new regional operations hub in Salt Lake City that will be among the largest processing facilities in its global package network. When completed in late 2018, the new 840,000 square foot facility will process 69,000 packages per hour as a complement to the existing 200,000 square foot operations in town. “This new regional hub is one of our strategic init

By | 2017-02-22T23:53:00+00:00 February 22nd, 2017|shippers|0 Comments

FedEx Extends Relationship with Joe Gibbs Racing

FedEx Extends Relationship with Joe Gibbs RacingLongstanding Sponsorship Continues with Denny Hamlin Driving the #11 FedEx ToyotaMEMPHIS, Tenn., Feb. 23, 2017—FedEx announced today its extension with Joe Gibbs Racing to serve as the sponsor of the #11 Toyota with driver Denny Hamlin in the Monster Energy NASCAR Cup Series. “The FedEx Racing program provides the unique opportunity for us to engage our team members and customers, as well as make a positive impact in the community. “FedEx has been

By | 2017-02-22T23:53:00+00:00 February 22nd, 2017|shippers|0 Comments