Latest Global News
The Blueprint for What’s Next
Today is an exciting day for FedEx because today, we build on our tradition of reinvention. We’ve looked to our operating principles — Compete Collectively, Operate Independently, Manage Collaboratively — to guide our decisions. As we look toward the future, we are evolving this strategic framework to stay ahead of our customers’ changing expectations. Effective
FedEx Corp. Reports Strong First Quarter Results
MEMPHIS, Tenn., September 15, 2020 … FedEx Corp. today reported the following consolidated results for the first quarter ended August 31 (adjusted measures exclude TNT Express integration expenses as described below): Fiscal 2021 Fiscal 2020 As Reported (GAAP) Adjusted (non-GAAP) As Reported (GAAP) Adjusted (non-GAAP) Revenue $19.3 billion $19.3 billion $17.0 billion $17.0 billion Operating
Shipping Rates to Increase for FedEx Express, FedEx Ground and FedEx Freight Services
MEMPHIS, Tenn., September 14, 2020 — FedEx Express, FedEx Ground and FedEx Freight, subsidiaries of FedEx Corp. (NYSE: FDX), will increase shipping rates beginning January 4, 2021. These rate changes enable FedEx to continue investing in service enhancement, fleet maintenance, technology innovations and other areas to serve customers more effectively and efficiently. FedEx Express shipping
FedEx Hiring Statement
As our team of more than 500,000 team members is busy preparing to deliver the holidays, we once again expect to see a large number of packages traverse our global network over the 2020 peak holiday shipping season. In order to provide the best possible service during this busy time of the year, FedEx is increasing hours for some existing employees and boosting our workforce with
FedEx to Transform Package Tracking with SenseAware ID, the Latest Innovation in FedEx Sensor Technology
MEMPHIS, Tenn, Sept. 14, 2020 – FedEx Corp. (NYSE: FDX) today announced the launch of SenseAware ID, a lightweight sensor-based logistics device that delivers a new level of precision tracking. The enhanced location visibility provided by this technology will create opportunities for FedEx customers to reimagine their supply chain through real-time updates on a package’s
FedEx Logistics Opens Foreign Trade Zone in El Paso, Texas
MEMPHIS, Tenn., Sept. 3, 2020 — FedEx Logistics, a subsidiary of FedEx Corp. (NYSE: FDX), announced the opening of another Foreign Trade Zone (FTZ) location in El Paso, Texas, U.S. The site in El Paso is the latest FTZ facility to be opened by FedEx Logistics in addition to existing locations in Los Angeles, New
FedEx Enhancements Position Company Ahead of a Record-Setting Peak Season
MEMPHIS, Tenn., Sept. 3, 2020—FedEx Corp. (NYSE: FDX) is leveraging the benefits of ongoing strategic initiatives to best position the company for what is expected to be an unprecedented peak holiday shipping season. The company, which delivers to every address in the U.S., has implemented value proposition advancements across the enterprise, including the expansion of
FedEx and Direct Relief Team Up to Deliver Aid to Lebanon
More than 60 tons of critical aid will soon offer needed relief to medical personnel in Beirut, Lebanon.