How FedEx could win by losing its Postal Service business

"... FedEx would benefit from the partial, or complete, loss of its huge contract with the U.S. Postal Service because it would force the parcel delivery giant to downsize a bloated and expensive air transport network, which could help revive profitability, said Brandon Oglenski, who covers the company for Barclays Bank...."   
Source: www.freightwaves.com

Visit Our Homepage

FedEx stock is down after fiscal 2015 outlook that was weaker than expected

FedEx Dips On Outlook Despite Delivering Strong Quarterly Profit

"... the stock is down after the company posted a fiscal 2015 outlook that was weaker than what observers were expecting to see. ..."   
Source: www.forbes.com

Visit Our Homepage

FedEx Shooting

Kennesaw FedEx shooting suspect dead

"...Police say the suspect in a shooting at a Kennesaw FedEx facility... At 9 :20 a.m. Fiedler issued a new statement saying: "We can confirm that an incident occurred early Tuesday morning at a FedEx Ground facility in Kennesaw, Georgia. Our thoughts and prayers are with those affected, and with their families and friends. We are grateful for the assistance of law enforcement. The situation is now stabilized..."   
Source: www.13wmaz.com

Visit Our Homepage

What caused FedEx tractor-trailer to cross a grassy center divide and kill 10 people?

Authorities Seek Cause of Deadly California Bus Crash

"... The authorities on Friday were investigating what caused the driver of a FedEx tractor-trailer to cross a grassy center divide and slam into a chartered bus carrying high school students..."   
Source: www.nytimes.com

Visit Our Homepage

FedEx could lose huge Postal Service contract

FedEx Fights UPS to Keep $1 Billion Postal Service Deal

"...FedEx warned in a regulatory filing this week that it may lose the contract or be able to negotiate less favorable terms for renewing it. Postal Service work generated about $1.4 billion for the Memphis, Tennessee-based company in its fiscal year through May 2012 ..."  
Source: www.bloomberg.com

Visit Our Homepage

FedEx Profit Down

"... FedEx chief financial officer Alan Graf said the company expects margins to improve in the second half of fiscal 2011 ..."  
Source: www.memphisdailynews.com

Visit Our Homepage

Ex FedEx Workers Jailed for Deception in Hong Kong, ICAC Says

"... The two were convicted for understating parcel weights and depriving their company courier fees..."  
Source: www.businessweek.com

Visit Our Homepage

FedEx sees 11 percent rise in holiday shipments

"...expects the biggest growth to come at its FedEx SmartPost venture, which ships packages to the U.S. Postal Service, with quasi-governmental service handling final delivery to the buyer's doorstep. ..."  
Source: www.reuters.com

Visit Our Homepage

Obama Goes Postal about Healthcare Reform

"... In his own town-hall meeting on Tuesday, Obama stated, “How can a private company compete against the government. If you think about it…FedEx and UPS are doing just fine. Right? The, uh, no they are. It’s the post office that’s always having problems.” ..."  
Source: www.examiner.com

Visit Our Homepage

FedEx Driver Accused Of Stealing Rx Drugs

200 Undelivered Packages Found At Driver's Home "...Authorities said most of the packages were sealed, but about 24 containing prescription drug deliveries for people in Union County were opened..."
[Reference: www.foxcarolina.com]

.
Visit Our Homepage

.