Latest Global News
FedEx Corp. Reports Strong Third Quarter Results
MEMPHIS, Tenn., March 18, 2021 … FedEx Corp. today reported the following consolidated results for the quarter ended February 28 (adjusted measures exclude the items listed below for the applicable fiscal year): Fiscal 2021 Fiscal 2020 As Reported (GAAP) Adjusted (non-GAAP) As Reported (GAAP) Adjusted (non-GAAP) Revenue $21.5 billion $21.5 billion $17.5 billion $17.5
FedEx Chairman Frederick W. Smith Appears Before Congress to Discuss Corporate Sustainability Efforts
WASHINGTON, D.C., March 17, 2021—Today, FedEx Chairman and CEO Frederick W. Smith appeared before the House Committee on Transportation and Infrastructure to discuss recently announced FedEx sustainability goals and the need for sound policy and innovative solutions to climate challenges. “FedEx has a long history of keeping sustainability at the center of our business, and
FedEx Commits to Carbon-Neutral Operations by 2040
MEMPHIS, Tenn., March 3, 2021 – FedEx Corp. (NYSE: FDX), home of the world’s largest cargo airline, announced today an ambitious goal to achieve carbon–neutral operations globally by 2040. To help reach this goal, FedEx is designating more than $2 billion of initial investment in three key areas: vehicle electrification, sustainable energy, and carbon sequestration. This includes a pledge of $100 million to Yale University to help establish the Yale Center for Natural Carbon
FedEx Prepares For COVID-19 Vaccine Volume Growth, Begins Shipping Newly Approved Vaccine
MEMPHIS, Tenn. March 1, 2021 – FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, announced today that it has begun shipping the newly approved COVID-19 vaccine on behalf of McKesson Corp. to dosing centers throughout the United States. The company has shipped millions of COVID-19 vaccines since
FedEx Launches Ninth Annual Small Business Grant Contest
FedEx Corp. today announced the launch of its ninth annual Small Business Grant Contest.
FedEx Establishes New Initiative to Support Local HBCUs
FedEx Corp. announced today a pledge to commit $5 million to four Historically Black Colleges and Universities (HBCUs) in Mississippi and Tennessee.
FedEx Delivers Vince Lombardi Trophy to Tampa Bay Ahead of Super Bowl LV
– As Tampa Bay prepares to host Super Bowl LV between the Kansas City Chiefs and Tampa Bay Buccaneers, the coveted Vince Lombardi Trophy has arrived in the city via FedEx, the Official Delivery Service Sponsor of the NFL.
FedEx Ground President and CEO Henry J. Maier to Retire July 31
MEMPHIS, Tenn., January 26, 2021 — FedEx Corp. (NYSE: FDX) announced today that Henry J. Maier, president and CEO, FedEx Ground, will retire effective July 31, 2021. John A. Smith, president and CEO, FedEx Freight, will succeed Maier as president and CEO, FedEx Ground. Lance D. Moll has been named the next president and CEO,