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FedEx Corp. Reports Third Quarter Results

FedEx Express international and U.S. yields were down due primarily to higher growth in lower-yielding services and lower weight per shipment. FedEx continues to make progress on the integration of FedEx Express and TNT Express operations. In February, FedEx Express began to integrate its intra-European shipments into the TNT Express European road network. Europe accounts for a significant percentage of the combined FedEx Express and TNT Express international revenue, workforce and facilities. B

By | 2019-03-18T17:00:00+00:00 March 18th, 2019|companies, News|0 Comments

FedEx Corporation Announces Appointment of Don Colleran as President and CEO of FedEx Express

FedEx Corporation Announces Appointment of Don Colleran as President and CEO of FedEx ExpressMEMPHIS, Tenn., March 11, 2019 – FedEx Corp. announced today that Don Colleran has been appointed president and chief executive officer of FedEx Express, effective March 16. He began his FedEx career as an international sales manager in Philadelphia before moving to Asia Pacific to lead the region’s sales group. In 2000, Colleran was promoted to president of FedEx Express Canada prior to moving back to t

By | 2019-03-10T17:00:00+00:00 March 10th, 2019|companies, News|0 Comments

FedEx Express : un service économique intra-européen plus rapide

FedEx Express : un service économique intra-européen plus rapideAMSTERDAM, le 6 février 2019 — FedEx Express (FedEx), filiale de FedEx Corp. (NYSE: FDX) et acteur majeur du transport express international, franchit une nouvelle étape de son intégration avec TNT : l’utilisation du réseau routier européen TNT sans égal pour améliorer les délais de transit des envois FedEx Economy intra-européens. Les avantages de l’intégration se concrétisent, avec le lancement d’un service plus rapide et plus com

By | 2019-02-10T16:00:00+00:00 February 10th, 2019|companies, News|0 Comments

FedEx Express Strengthens Operations and Services with the Opening of New Ramp at Luis Muñoz Marin International Airport

FedEx Express Strengthens Operations and Services with the Opening of New Ramp at Luis Muñoz Marin International AirportSAN JUAN, P.R., February 6, 2019 – FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, announced today the official inauguration of its new state-of-the-art San Juan Airport ramp operation located at the Luis Muñoz Marin International Airport (SJU) in Carolina, Puerto Rico. The opening of the new facility is part of the

By | 2019-02-05T16:00:00+00:00 February 5th, 2019|companies, News|0 Comments

The Clean Kilo wins FedEx Small Business Grant UK

The Clean Kilo wins FedEx Small Business Grant UKThe Clean Kilo wins FedEx Small Business Grant UKThe Clean Kilo wins £20,000 to support its international growthLondon, 28 January, 2019 – FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, has announced the winner of the Small Business Grant UK. “We are over the moon to have won the FedEx Small Business Grant, 2018,” said Tom Pell and Jeannette Wong, of The Clean Kilo. “The FedEx Small B

By | 2019-01-27T16:00:00+00:00 January 27th, 2019|companies, News|0 Comments

FedEx Express to Acquire Express Business Of Flying Cargo Group in Israel

FedEx Express to Acquire International Express Business Of Flying Cargo Group in IsraelMEMPHIS, Tenn., and TEL AVIV, Israel, January 15, 2019—FedEx Express and Flying Cargo Group are pleased to announce that after nearly 30 years of close cooperation providing International Express transportation services to the Israeli market, they have reached a conditional agreement under which FedEx Express will acquire the International Express business of Flying Cargo Group in Israel. The announcement come

By | 2019-01-14T16:00:00+00:00 January 14th, 2019|companies, News|0 Comments

FedEx Corp. Reports Second Quarter Results

We have adjusted our second quarter fiscal 2019 and 2018 consolidated financial measures and the FedEx Express segment second quarter fiscal 2019 and 2018 financial measures to exclude TNT Express integration expenses because we generally would not incur such expenses as part of our continuing operations. The adjustment to our second quarter fiscal 2019 consolidated financial measures includes only a revision to this transitional impact. Because non-GAAP financial measures are not standardized,

By | 2018-12-17T16:00:00+00:00 December 17th, 2018|companies, News|0 Comments

Raj Subramaniam Named as FedEx Express President and CEO

Raj Subramaniam Named as FedEx Express President and CEODavid L. Cunningham to retireFedEx Corp. (NYSE:FDX) announced today that David L. Cunningham, president and chief executive officer of FedEx Express, will retire effective December 31, 2018. Raj Subramaniam, currently executive vice president, chief marketing and communications officer of FedEx Corporation, will succeed Cunningham effective January 1, 2019. Most recently as president and CEO of FedEx Express, David has been responsible for

By | 2018-12-06T16:00:00+00:00 December 6th, 2018|companies, News|0 Comments

FedEx Introduces Additional Flight on USA-UAE Route To Facilitate Intercontinental Trade

FedEx Introduces Additional Flight on USA-UAE Route To Facilitate Intercontinental TradeDUBAI, U.A.E, November 20, 2018 – FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX), and the world’s largest express transportation company, has increased the frequency of its direct Memphis-Dubai Boeing 777F flight, facilitating intercontinental trade between the Middle East and the USA. “As the first to launch a dedicated flight between the USA and the UAE, FedEx has unrivalled expertise in shipping fr

By | 2018-11-19T16:00:00+00:00 November 19th, 2018|companies, News|0 Comments

UPS Expands Express Services To International High-Growth Markets

“We’re excited to announce that customers can now choose UPS to better compete globally with the time-definite services competitive businesses need,” said Nando Cesarone, president, UPS International. UPS customers can take advantage of robust customs brokerage services in these newly expanded areas. “In addition to expanding its service area, UPS improved time in transit to 24countries, primarily emerging markets, thereby increasing customers’ speed to market,” said Jean-Francois Condamine, UPS

By | 2018-11-12T16:00:00+00:00 November 12th, 2018|companies, News|0 Comments