The Company intends to execute the planned separation through a capital markets transaction, creating two independent, ...
Since the company’s founding, FedEx aircraft have been named after employees’ children. The first plane in its Ifleet was ...
The two entities will both operate under the FedEx brand and maintain close ties on “key commercial, operational, and ...
Fedex has been on the leading edge of testing and deploying various alternative fuel delivery trucks for several years and has now expanded its fleet of hybrid delivery vans by 50 percent.
Today on FRAME, we dive into the production of the BrightDrop Zevo 600, the electric delivery van helping FedEx revolutionize its fleet with cutting-edge technology and sustainable practices Do you ...
FedEx Express is bringing new all-electric delivery vehicles to New York City, Chicago and Memphis, and diversifying the existing Los Angeles fleet. In all, FedEx will add into service 15 Navistar ...
FedEx retires 22 Boeing 757 aircraft to optimize fleet and align with air freight demand post-pandemic. The carrier's fourth-quarter earnings surpass industry predictions with revenue of $22.1 ...
An EV manufacturer made layoffs, a wheel supplier filed for bankruptcy, and FedEx announced plans to separate its LTL ...
On the spin-off of its freight division, FedEx is expected to communicate about the strategic review by the end of the year.
Federal Express’ strategy for improving profitability and soft parcel volumes includes redeploying aircraft for daytime ...
The aircraft are part of FedEx's modernization strategy, which looks to improve fuel efficiency and reliability across its fleet, according to the investor presentation. All 14 aircraft are widebody ...
FedEx Corp. plans to spin off FedEx Freight and create a new publicly traded company within the next 18 months. The move will allow each company to continue to pursue its own growth strategies ...