FedEx Announces Intent to Separate FedEx Freight, Creating Two …
Dec 19, 2024 · FedEx Announces Intent to Separate FedEx Freight, Creating Two Industry-Leading Public Companies • Unlocks significant value for FedEx stockholders through creation of a new publicly listed less-than-truckload (LTL) industry leader • Preserves commercial and operational synergies between both companies • Proposed separation enables greater …
FedEx Unveils New Automated Sorting Facility at Memphis World …
MEMPHIS, Tenn., Oct. 30, 2024 – This week, FedEx Corporation (NYSE: FDX) unveiled a new, state-of-the-art, automated sorting facility at the Memphis World Hub. The LEED Certified building, which is now fully operational ahead of the holiday peak season, spans 1.3 million square feet across four levels, includes11 miles of conveyor belt, has a space dedicated to …
Report Showcases “FedEx Effect” on Global Economy as Company …
Memphis, Tenn., October 24, 2024 – FedEx Corp. (NYSE: FDX) today released its annual economic impact report, analyzing the company’s worldwide network and role in building prosperity in local communities during its 2024 fiscal year (FY 2024). Produced in consultation with Dun & Bradstreet (NYSE: DNB), a leading provider of business decisioning data and …
FedEx Announces First-Of-Its-Kind Data-Driven Commerce Platform
New York, NY, January 14, 2024 – FedEx Corp. (NYSE: FDX) today announced fdx, the first data-driven commerce platform that connects the entire customer journey — making it easier for companies to grow demand, increase conversion, optimize fulfillment, and streamline returns. FedEx is the only logistics company to connect the entire customer journey by offering end-to …
FedEx Ready to Meet Demands of the Holiday Shipping Season
MEMPHIS, Tenn. Nov. 14, 2024 – FedEx has been making preparations all year to provide customers with a seamless, reliable shipping experience this peak season. With a world-class team of more than 500,000 members processing an average of 16 million packages daily, the company is well-equipped to ensure holiday shipments arrive safe and on time.
FedEx to Transform Package Tracking with SenseAware ID, the …
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.
FedEx Reports Second Quarter Diluted EPS of $3.03 and Adjusted …
Dec 19, 2024 · “Our second quarter results demonstrate that our efforts to transform our operations are working. The Federal Express segment delivered operating profit growth despite several headwinds, including the continued weak U.S. domestic demand environment as well as the expiration of our U.S. Postal Service contract,” said Raj Subramaniam, FedEx Corp. …
FedEx Elevates Logistics Experience with Launch of One-Stop Shop …
December 16, 2024: FedEx, a subsidiary of FedEx Corp and one of the world’s largest express transportation companies, has introduced the FedEx One Stop Shop, a digital platform that provides access to both shipping and freight forwarding services, simplifying global shipping for businesses. FedEx One Stop Shop brings order management, booking, and track & trace into …
FedEx Panda Express Completes First-Ever Roundtrip Deliveries ...
Oct 15, 2024 · FedEx Panda Express Completes First-Ever Roundtrip Deliveries, Continuing Support of Giant Panda Conservation This week, FedEx transported pandas from Atlanta, GA. to China; from China to Washington, D.C.
FedEx Increases Frequency of International Cargo Flight …
Nov 21, 2024 · Robert Chu, vice president, Operations, FedEx China and FedEx Asia Pacific Hub, Clarence Lee, vice president, Sales, FedEx China, and representatives from Xiamen local authorities, illuminated the light poles together, initiating the …