FedEx Logistics Inc. opened its new global headquarters in Memphis, Tenn., on April 5.
April 6, 2022FedEx News Updates
FedEx Logistics Opens Global Headquarters in Memphis
FedEx Partners With Elroy Air to Test Pilotless Package Drone
FedEx Corp. is partnering with Elroy Air, a startup that makes a large cargo drone, to test moving packages by air with no pilot on board.
March 30, 2022Fred Smith Steps Down as FedEx CEO, Remains Executive Chairman
FedEx Corp. founder Fred Smith is stepping down as CEO of the company and transferring the leadership post to Raj Subramaniam, who currently serves as president and COO, the company announced March 28. Smith will remain as executive chairman.
March 28, 2022FedEx Reports Record Q3 Revenue on Holiday Surge
Fueled by a strong holiday shopping season by both its business and consumer customers, FedEx Corp. reported higher fiscal third-quarter earnings.
March 18, 2022FedEx Suspends All Service in Russia, Belarus
FedEx Corp. has suspended all services in Russia and Belarus as fighting intensifies following the invasion of Ukraine.
March 4, 2022FedEx Surges After Higher Rates Boost Profit, Ease Labor Worries
FedEx Corp. rode increased prices to post profit above analysts’ estimates, bolstering the company’s outlook and easing investor concerns over higher labor U.S. costs. The shares rose in late trading.
December 16, 2021FedEx Invests $72 Million in Miami Airport Cargo Hub
FedEx Corp. began operations Dec. 15 at its substantially bigger air cargo hub at Miami International Airport. The $72 million addition, two years under development and roughly the size of two football fields, doubles the hub’s size to 282,000 square feet.
December 16, 2021UPS, FedEx, USPS Holiday Shipping Deadlines Draw Near
Dec. 15 is the last day for ground delivery by Christmas with FedEx and USPS, while UPS recommends using its website to get an estimate. Here are other holiday shipping deadlines for the three major carriers.
December 14, 2021Trucking Reports Busy Black Friday Weekend
Black Friday weekend was particularly busy for the trucking industry with strong demand coming from retailers and supply chain issues.
December 8, 2021FedEx Closes Hong Kong Crew Base Amid Stricter COVID Rules
FedEx Corp. is shutting its crew base in Hong Kong, the world’s busiest international cargo hub, and relocating its pilots as the city considers stricter measures on flight crews to curb the spread of COVID.
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