fedex

FreightWaves features commentary from Market Voices – contributors with unique knowledge of numerous transportation/logistics/supply chain sectors, as well as other critical expertise. FedEx Corporation (NYSE: FDX) announced on June 24 that it is suing the U.S. Department of Commerce in the United...

FedEx Corp. (NYSE: FDX) reported late Tuesday a $1.97 billion net loss in its fiscal 2019 fourth quarter on revenue of $17.8 billion. Adjusted for various events, net income in the quarter came in at $1.32 billion. Operating income in the fourth quarter fell to $1.32 billion, compared to $1.33...

What responsibility does a freight provider have in ensuring shippers comply with trade restrictions? That is the central question FedEx Corp. (NYSE: FDX) is asking in its lawsuit against the U.S. Department of Commerce. According to the suit, FedEx is being burdened by having to comply with Export...

FedEx Corporation (NYSE: FDX) is suing the U.S. Dept. of Commerce after shares lost 2.7% Monday in a delivery error connected with Chinese telecom giant Huawei. Concerns that China would blacklist the U.S.-based global delivery service after it returned a Huawei device meant to be delivered in...

Amazon.com, Inc. (NASDAQ: AMZN) announced on June 18 that it will lease 15 Boeing (NYSE: BA) 737-800 freighters from GE Capital Aviation Services (GECAS), the aircraft lending unit of General Electric Co. (NYSE: GE). The airplanes, which will operate in the U.S., will enter Amazon's fleet by 2021,...

It's the headhaul edition of WTT?!? and this week we're talking Amazon.com, Inc. (NASDAQ: AMZN), FedEx Corporation (NYSE: FDX), Walmart Inc (NYSE: WMT), Oil, blockchain, and more. We've got Headlines, Big Deal/Little Deal w/ Emily, a focus on the Amazon/FedEx break up with our market experts who...

Good day, This week's "much sizzle but little steak" award goes to FedEx Corp.'s (NYSE: FDX). June 7 decision to drop Amazon.com, Inc. (NASDAQ: AMZN) as a domestic air express customer. The media voraciously devoured the story because it had symbolic value and involved two high profile companies....

The U.S. transportation industry hasn't seen such a mutually agreeable divorce in years. To virtually no one's shock, FedEx Corp. (NYSE: FDX) continued late on June 7 its multi-year process of untethering from Amazon.com, Inc. (NASDAQ: AMZN), announcing it would not renew Seattle-based Amazon's U....

In a move not entirely expected but hardly surprising, FedEx Corp. (NYSE: FDX) said Friday that it will not renew its contract for its FedEx Express air and international unit to handle Amazon.com, Inc. (NASDAQ: AMZN) U.S. air delivery business. The announcement does not affect Amazon's...

FedEx Express, the air and international unit of FedEx Corp. (NYSE: FDX) has created a category of lower-wage, flex-time drivers who will supplement the unit's regularly-scheduled driver workforce. FedEx confirmed that the unit is recruiting for 700 positions in 160 U.S. markets. The workers will...

Escalating a dispute over a "wrongful delivery," China said it is launching a probe into FedEx (NYSE: FDX) and is putting the logistics giant on a list of companies it may blacklist as "unreliable," Bloomberg reports. China's announcement comes after the Trump Administration imposed a ban on...

FedEx Corp. (NYSE: FDX) announced Thursday that its ground-parcel delivery unit, FedEx Ground, will launch year-round Sunday deliveries across most of the U.S. beginning in January 2020, and that it will accelerate the process of redirecting nearly all shipments now tendered to the U.S. Postal...

Benzinga has examined prospects for many investor favorite stocks over the past week. Bullish calls included tech giants and a big oil leader. Bearish calls included biotechs and a recent IPO. The escalating trade war with China continued to overshadow the markets in the past week. Furthermore,...

Executives from FedEx Corporation (NYSE: FDX), DHL and UPS Inc. (NYSE: UPS) took the unusual step of sharing a single stage and found common ground on how blockchain technology can transform the global supply chain. "This is not a process improvement initiative. This is a...

This year, Brie Carere became the first woman to serve as Chief Marketing and Communications Officer (CMCO) at FedEx Corporation (NYSE: FDX). Now, as CMCO and Executive Vice President, Carere is using her position to promote diversity and inclusion at FedEx. In a Q&A with FreightWaves,...