Latest Global News
January 30, 2015
Memphis, Tenn., January 30, 2015 – FedEx Corp. (NYSE:FDX) announced today that it has completed the acquisition of GENCO Distribution System, Inc., one of the largest third-party logistics providers in North America. The acquisition, as previously announced on Dec. 15, 2014, will offer customers a more comprehensive portfolio of logistics services, complementing the unmatched transportation
January 22, 2015
MEMPHIS, Tenn., Jan. 22, 2015 – FedEx Freight, a subsidiary of FedEx Corp (NYSE: FDX), announced that union representation elections were held at its locations in Parkersburg and Charleston, West Virginia, last week resulting in two more losses for the union. Drivers in both locations voted against representation by the Teamsters union and in favor
January 21, 2015
A union representation election was held on Thursday, January 15, at the FedEx Freight service center in Charleston, West Virginia, and the ballots were counted today. We are pleased to report that a majority of city and road drivers at the Charleston facility voted against union representation. Additionally, the Teamsters union has withdrawn another election
December 17, 2014
MEMPHIS, Tenn., December 17, 2014 ... FedEx Corp. (NYSE: FDX) today reported earnings of $2.14 per diluted share for the second quarter ended November 30, up 36% from last year’s $1.57 per share.
December 16, 2014
FedEx Corp. (NYSE:FDX) announced today that it acquired Bongo International, a leader in cross border enablement technologies and solutions. Bongo International’s capabilities complement and expand the FedEx portfolio of offerings important to the rapidly growing global e-commerce marketplace.
December 15, 2014
FedEx Corp. (NYSE:FDX) announced today that the company signed an agreement to acquire GENCO, one of the largest third-party logistics providers in North America. With a comprehensive portfolio of supply chain services, GENCO’s expertise will expand existing FedEx service offerings in the evolving retail and e-commerce markets.
December 10, 2014
FedEx Freight, a subsidiary of FedEx Corp (NYSE: FDX), announced today that the Teamsters union has withdrawn another election petition, this time at the FedEx Freight service center in Pocono Summit, PA. The union would only take this action if it recognized that it would lose. This marks the fifth election in a row, and seven out of the last eight, where the union has either withdrawn the petition or lost the vote.