FedEx has joined Southwest Airlines to buy out Red Rock’s entire eight-year jet fuel inventory — key milestone for project construction. Red Rock takes waste biomass from forests and sawmills, and using a proprietary process, ...
United Parcel Service Inc (UPS.N) and FedEx Corp (FDX.N) are rolling out new pricing systems to curb online retailers' large package sizes, but industry experts warn many small firms are unprepared and could pay up to 50 percent more for ...
J.B. Hunt Transport Services Inc. said it is raising its dividend for shareholders by 33% to 20 cents per share. The increased payout will be made Feb. 27 to shareholders of record as of Feb. 13. The previous dividend from the Lowell, ...
Tags: shareholders, increased payout, concluded the consistent earnings
FedEx Trade Networks said it has named Jack Muhs its new CEO. Muhs has worked at FedEx Corp. since 1984, the company said in a Feb. 10 statement. He previously was a senior vice president at FedEx Express, overseeing its U.S. export ...
Tags: FedEx, U.S.export business, forwarding solutions, Transport Topics
Parcel carrier FedEx Express will begin testing the Nissane-NV200 all-electric van as part of an arrangement between parent company FedEx Corp. and Nissan Motor Co. FedEx will test the van in the Washington, D.C., area, where it will be ...
Tags: Transportation, FedEx
Andrew Harrer/Bloomberg News Parcel carriers UPS Inc. and FedEx Corp. worked diligently in the days following Christmas to deliver packages that missed the promised Dec. 24 deadline. UPS said it cleared its backlog of Christmas ...
Tags: parcel carriers, UPS, FedEx, Christmas, deliver packages
Parcel carrier FedEx Corp. said its income grew 14% in its fiscal second quarter, driven largely by improvements in its Express airfreight unit. Net income was $500 million, or $1.57 per share in the quarter ended Nov. 30, compared with ...
Tags: FedEx, income, parcel carrier, Express airfreight
United Parcel Services Inc. (UPS) is the latest shipping company to raise its freight services by an average of 4.9 percent, effective Dec. 30. The higher rates, which will cover ground, air and international services, come amidst UPS and ...
Tags: Transportation, Auto Parts
FedEx Express, a unit of FedEx Corp. (NYSE:FDX), and the Air Line Pilots Association, Int'l. (ALPA), the collective bargaining representative for FedEx Express pilots, jointly announced that they reached a tentative agreement (TA) on a new ...
Tags: FedEx Express, FedEx Corp, NYSE:FDX, Logistics, service
Addition of Long-Haul Less-Than-Truckload (LTL) Units Expands Heavyweight Service Portfolio for Customers FedEx completes acquisition of the LTL operations of Watkins Motor Lines and certain affiliates creating FedEx National LTL and ...
Tags: LTL, FedEx, FedEx National LTL, Watkins Canada Express