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Latest United States News

June 23, 2022

FedEx Corp. Reports Fourth Quarter and Full-Year Results

MEMPHIS, Tenn. June 23, 2022…FedEx Corp. today reported the following consolidated results for the quarter ended May 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 $24.4 billion $24.4 billion $22.6 billion $22.6 billion Operating income

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May 18, 2022

FedEx and Aurora Expand Autonomous Commercial Linehaul Trucking Pilot in Texas Ahead of Schedule

PITTSBURGH – May 18, 2022 – Aurora Innovation, Inc. (NASDAQ: AUR) and FedEx Corp. (NYSE: FDX) announced the expansion of their pilot program to autonomously move FedEx shipments on an additional commercial lane in Texas. In March 2022, Aurora’s next-generation autonomous trucks – based on the new Peterbilt 579 – began to transport FedEx shipments

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March 30, 2022

FedEx Plans to Test Autonomous Drone Cargo Delivery with Elroy Air

MEMPHIS, TN., March 30, 2022 –  FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, is teaming up with California Bay Area-based Elroy Air, the company building the first end-to-end autonomous vertical take-off and landing (VTOL) aerial cargo system. As a first of its kind agreement in the

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March 28, 2022

Raj Subramaniam to become President and CEO of FedEx Corporation; Frederick W. Smith to serve as Executive Chairman

MEMPHIS, Tenn. (March 28, 2022) – FedEx Corp. (NYSE: FDX) announced today that, effective June 1, 2022, Frederick W. Smith, Chairman and Chief Executive Officer, will become Executive Chairman, and Raj Subramaniam, President and Chief Operating Officer, will be promoted to President and CEO. In addition, R. Brad Martin, Chair of the Board’s Audit Committee,

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March 22, 2022

FedEx Office Forms Alliance with Notarize to Bring Digital Notarization Services to Address the Business Demands of Today

FedEx Office, a world-class provider of convenient, state-of-the-art printing, packing and shipping services and subsidiary of FedEx Corp. (NYSE: FDX), today announced an alliance with Notarize, a leading online notarization provider, to launch FedEx Office Online Notary.

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March 17, 2022

FedEx Corp. Reports Higher Third Quarter Earnings

FedEx Corp. (NYSE: FDX) today reported financial results for the quarter ended February 28. FedEx reported (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 $23.6 billion $23.6 billion $21.5 billion $21.5 billion Operating income $1.33 billion

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March 10, 2022

FedEx Express President and CEO Donald F. Colleran to Retire December 31, 2022

MEMPHIS, Tenn. (March 10, 2022) — FedEx Corp. (NYSE: FDX) announced today that Donald F. Colleran, president and CEO, FedEx Express, will retire effective Dec. 31, 2022,  after a distinguished nearly 40-year career at FedEx. Richard W. Smith, regional president of the Americas and executive vice president of global support, will succeed Colleran as president

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March 1, 2022

FedEx Corporation Appoints Chris Winton Corporate Vice President, Human Resources

FedEx Corp. (NYSE: FDX) today announced Chris Winton as the company’s next corporate vice president, human resources, succeeding Judy Edge.

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