MEMPHIS, Tenn., June 19, 2012 ... FedEx Corp. (NYSE: FDX) today reported earnings of $1.73 per diluted share for the fourth quarter ended May 31, which includes a previously announced $0.26 per diluted... View More
Multichannel Merchant--It hasn’t been a good week for independent parcel consolidators. Three days ago Streamlite ceased its operations after nearly seven years and now EquaShip, which was scheduled... View More
The Street: FedEx -- like its compatriot United Parcel Service -- is no longer a straight-up economic indicator. For one, FedEx is benefiting from a sizeable move to online shopping. This results in a... View More
MEMPHIS, Tenn.--Seventy five years ago, Amelia Earhart’s disappearance became one of the greatest mysteries in aviation history. This summer, FedEx Corp. (NYSE: FDX) is supporting the search for... View More
Stifel, Nicolaus & Company--Parcel consolidator, Streamlite, Inc., has shut down operations, which is a net positive for both FedEx (FDX: $86.84; Buy) and UPS (UPS: $77.37; Hold), but more so for FedEx,... View More
DHL Global Forwarding, Freight, the air and sea freight specialist within Deutsche Post DHL and a leading provider of road freight services in Europe, has launched an intercontinental door-to-door distribution... View More
MEMPHIS, Tenn.--FedEx Corp. (NYSE:FDX) announced today that its FedEx Express business unit has completed the acquisition of the Polish courier company Opek Sp. z o.o. (Opek) as the latest step in the... View More
IBtimes.com--Here's a window into how far the bad guys will go to steal retail inventory: Last week in California, 1,600 pounds of premium dog food, a $10,000 cargo on its way to feed needy strays at a... View More
AINonline.com--Continued weakness in cargo markets and stubbornly high fuel prices have convinced FedEx to retire 18 Airbus A310-200s and 26 related engines permanently, along with six Boeing MD-10-10s... View More
LIMA, Pa., Jun 11, 2012 (BUSINESS WIRE) -- Pilot Freight Services, a worldwide provider of transportation and logistics services, announced today that their Washington D.C. station has achieved full international... View More
June 11, 2012 - FedEx Ground was pleased to welcome U.S. Senator Kay R. Hagan to its newest hub in Greensboro, N.C. The Senator toured the facility, learning about the state-of-art technology that enables... View More
UPS (NYSE: UPS) has appointed Brendan Canavan, a 31-year UPS veteran, as its new president of the UPS Asia Pacific Region with responsibility for more than 40 countries and territories throughout Asia.... View More
ATHENS, Greece, June 11, 2012 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE:DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, today announced that it has... View More
Baltimore, Md. – June 11, 2012 – NDX Group, an overnight shipping and records management solutions provider, today introduced Next Day Sunrise early morning delivery service. Offered by NDX... View More
MEMPHIS, Tenn. -- FedEx Freight, a subsidiary of FedEx Corp. (NYSE: FDX), will increase shipping rates by 6.9% effective July 9, 2012. This rate change applies to FedEx Freight shipments within the contiguous... View More
While 86 percent of consumers are satisfied with the overall experience of shopping online, retailers still have significant opportunity to improve customer satisfaction and their competitive position... View More
Bridgeline Digital, Inc., (NASDAQ: BLIN) developer of the award-winning iAPPS Web Engagement platform and related interactive web solutions, today announced that UPS (NYSE: UPS) and Bridgeline have signed... View More
Post&Parcel--FedEx Corp is stepping up the restructuring of its air fleet by taking an additional 24 aircraft out of its domestic US network, to respond to changing customer demand for express shipments.... View More
MEMPHIS, Tenn.--FedEx SupplyChain®, a subsidiary of FedEx Corp. (NYSE: FDX), and an integrated logistics provider, has rolled out new and expanded visibility and control features, as well as new stocking... View More
While 86 percent of consumers are satisfied with the overall experience of shopping online, retailers still have significant opportunity to improve customer satisfaction and their competitive position... View More