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FedEx, Direct Relief, International Medical Corps, Team Rubicon & Water Mission Team Up to Deliver Supplies and Aid to the Bahamas

FedEx, Direct Relief, International Medical Corps, Team Rubicon & Water Mission Team Up to Deliver Supplies and Aid to the BahamasMore than $500,000 worth of lifesaving supplies transported to NassauMEMPHIS, Tenn., September 9, 2019—More than 56,000 pounds of critical aid is on the ground and in the hands of relief workers in the Bahamas. FedEx supported these disaster relief efforts through its relationships with humanitarian organizations including Direct Relief, International Medical Corps, T

By | 2019-09-08T17:00:00+00:00 September 8th, 2019|companies, News|0 Comments

FedEx Strengthens Freight Forwarding and Brokerage Capabilities in Latin America with Acquisition of Cargex

This addition strengthens the FedEx air freight forwarding and customs brokerage capabilities in Colombia and the broader Latin American region. The acquisition is expected to close later this year and is subject to customary closing conditions, as well as a Colombian regulatory filing. Headquartered in Bogotá, Colombia, Cargex has operations in Bogotá, Medellin, Cartagena, Buenaventura, and Santa Marta, and would operate as a subsidiary of FedEx Logistics upon closing. “The addition of Cargex o

By | 2019-08-28T17:00:00+00:00 August 28th, 2019|companies, News|0 Comments

UPS Announces CFO Succession Plan

US 08/12/19Atlanta, GARichard Peretz to Retire and Brian Newman Appointed CFOUPS (NYSE:UPS) today announced Richard Peretz, UPS Chief Financial Officer, 57 plans to retire. Newman will join the UPS Management Committee, the senior-most leadership team responsible for management of the company. Newman is a proven senior corporate leader with extensive finance, operations, corporate strategy and information technology experience. In his current role, Newman has leadership responsibility for all fi

By | 2019-08-11T17:00:00+00:00 August 11th, 2019|companies, News|0 Comments

FedEx Express Announces Additional Memphis Hub Investment

FedEx Express Announces Additional Memphis Hub InvestmentToday Tennessee Governor Bill Lee joined FedEx executives to announce an additional investment in the FedEx Express World Hub in Memphis. An additional $450 million investment will accelerate the modernization and expansion project which was announced in March 2018 and now totals more than $1.5 billion. The FedEx World Hub, which currently has 11,000 team members and 163 aircraft gates, is the largest sort facility in the FedEx Express glo

By | 2019-08-01T17:00:00+00:00 August 1st, 2019|companies, News|0 Comments

FedEx Releases 2019 Global Citizenship Report

FedEx Releases 2019 Global Citizenship ReportReport Showcases How FedEx Multiplies Opportunities Around the WorldMEMPHIS, Tenn., April 18, 2019 — FedEx Corp. (NYSE: FDX) announced today the online release of its 2019 Global Citizenship Report (GCR), which details how the company connects the world responsibly and resourcefully. The company is ahead of plan for its FedEx Cares goal of investing $200 million in more than 200 global communities by 2020. FedEx recently announced a partnership betwee

By | 2019-04-17T17:00:00+00:00 April 17th, 2019|companies, News|0 Comments

FedEx Express Aircraft “Isaac” Takes to the Skies

FedEx Express Aircraft “Isaac” Takes to the SkiesTwo Generations of FedEx Express Team Members Honored With Naming of a Boeing 757DUBAI, April 03, 2019 — At four years of age, Isaac Dsouza is already getting recognition at his mother’s workplace as the first child of a FedEx team member in the Middle East, Indian Subcontinent and Africa region to have a plane named after him in the global fleet of FedEx aircraft. Natasha Dsouza’s son, Isaac, was selected following a tradition that started in 197

By | 2019-04-02T17:00:00+00:00 April 2nd, 2019|companies, News|0 Comments

FedEx and Rise Against Hunger Team Up to Pack 140,000 Meals on Martin Luther King, Jr. Day of Service

FedEx and Rise Against Hunger Team Up to Pack 140,000 Meals on Martin Luther King, Jr. Day of ServiceMEMPHIS, Tenn., January 17, 2019 —More than 500 FedEx team members across nine cities will team up with Stop Hunger Now to pack meals for the world’s hungry in recognition of the Martin Luther King Day Jr. Day of Service. This is the sixth year FedEx has worked with Rise Against Hunger, an organization dedicated to fighting food insecurity and malnutrition around the world. After packaging, the m

By | 2019-01-20T16:00:00+00:00 January 20th, 2019|companies, News|0 Comments

Press Release

Valtteri Bottas, who is currently driving for the Mercedes AMG Petronas Motorsport team, won the DHL Fastest Lap Award for this Formula 1 season. Valtteri Bottas, who is currently driving for the Mercedes AMG Petronas Motorsport team, won the DHL Fastest Lap Award for this Formula 1 season. The Aston Martin Red Bull Racing team received the DHL Fastest Pit Stop Award which was only decided in the final Grand Prix of 2018 in Abu Dhabi. The DHL Fastest Lap Award and the DHL Fastest Pit Stop Award were presented at the final Grand Prix of the season in Abu Dhabi on November 25, 2018.This was the first time for Valtteri Bottas to win the much

By | 2018-11-25T16:00:00+00:00 November 25th, 2018|companies, News|0 Comments

Press Release

The volunteers together with members of the UN facilitated logistics planning and operations across non-governmental organizations (NGOs), airport authorities and military organizations during its latest DRT deployment, a first for the team. "Our company purpose is to connect people and improve their lives", said Frank Appel, CEO Deutsche Post DHL Group. "Our DRT team comprises highly trained volunteers who provide logistical expertise to help coordinate the relief aid for further distribution to the victims in the speediest manner possible. This would ensure the right aid would get to Palu at the right time for onward distribution to those most in need. This latest deployment has shown that the DRT is also well placed to support ci

By | 2018-11-01T17:00:00+00:00 November 1st, 2018|companies, News|0 Comments

FedEx Expanding Freight Forwarding Capabilities with Acquisition of Manton

FedEx Expanding Freight Forwarding Capabilities with Acquisition of MantonManton to expand the FedEx service offering in Asia PacificFedEx Corp. (NYSE:FDX) announced today that it has agreed to acquire Manton Air-Sea Pty Ltd, a leading provider of logistics services, including freight forwarding and customs brokerage solutions. Manton’s capabilities complement and expand the FedEx portfolio of offerings essential to the rapidly growing global commerce landscape. With operations across Australia,

By | 2018-10-17T17:00:00+00:00 October 17th, 2018|companies, News|0 Comments