Latest Global News
Cigna CEO David Cordani and FedEx CEO Frederick W. Smith Join Together to Highlight the Unique Value Veterans Bring to the Workforce
Cigna Corporation Chief Executive Officer and President David Cordani and FedEx Corporation Chairman and Chief Executive Officer Frederick W. Smith have joined together to promote a powerful message within the business community: companies that intentionally recruit, hire, support and retain veterans will benefit from their unique skillsets and perspectives.
FedEx Donates $3.5 Million to Orbis in Support of Sight-saving ‘Flying Eye Hospital’
MEMPHIS, Tenn., October 8, 2021 – FedEx Corp. (NYSE: FDX) announced today its renewed commitment to Orbis International’s sight-saving mission with a US$3.5 million donation to help provide financial, logistics and operational support to the organization and its Flying Eye Hospital over the next five years. The Orbis Flying Eye Hospital is a mobile teaching
FedEx Logistics Expands Worldwide Operations with New Office in Korea
MEMPHIS, Tenn., Sept. 27, 2021 — FedEx Logistics, a subsidiary of FedEx Corp. (NYSE: FDX) and provider of specialty solutions that support FedEx services and facilitate global trade, announced the opening of an office in Seoul, South Korea, in the latest expansion of its worldwide network. “The new office in Korea complements our global operations,
New Report Shows FedEx Job Growth and Positive Impact to U.S. Economy During the Pandemic
Memphis, Tenn., Sep. 27, 2021 — FedEx Corp. (NYSE: FDX) today released the findings from a new report that analyzed the company’s impact on the United States economy and ten specific local economies throughout the country. The report, produced in consultation with Dun & Bradstreet (NYSE: DNB), a leading global provider of business decisioning data
FedEx Teams Up with Aurora and PACCAR to Test Autonomous Linehaul Technology
MEMPHIS, TN., September 22, 2021 – Today, FedEx Corp. (NYSE: FDX) will kick off a collaboration with Aurora – a leading autonomous technology developer – and PACCAR – one of the largest medium-and heavy-duty vehicle manufacturers in the world – to test Aurora’s autonomous driving technology in PACCAR state-of-the-art Autonomous Vehicle Platform (AVP) equipped trucks
FedEx Corp. Reports First Quarter Results
MEMPHIS, Tenn., September 21, 2021 … FedEx Corp. today reported the following consolidated results for the first quarter ended August 31 (adjusted measures exclude the items listed below for the applicable fiscal year): Fiscal 2022 Fiscal 2021 As Reported (GAAP) Adjusted (non-GAAP) As Reported (GAAP) Adjusted (non-GAAP) Revenue $22.0 billion $22.0 billion $19.3 billion
Shipping Rates to Increase for FedEx Express, FedEx Ground, and FedEx Freight Services
MEMPHIS, Tenn., September 20, 2021 — FedEx Express, FedEx Ground, and FedEx Freight, subsidiaries of FedEx Corp. (NYSE: FDX), will increase shipping rates on January 3, 2022. FedEx Express shipping rates will increase by an average of 5.9% for U.S. domestic, U.S. export, and U.S. import services. FedEx Ground and FedEx Home Delivery shipping rates
FedEx Organizes “National Hiring Day” Events Across the U.S.
FedEx Corp. is increasing the power of its nationwide workforce in preparation for another busy holiday season by hosting both in-person and virtual hiring events across the country.