FedEx News Monitoring

Shelby County, Memphis Grizzlies to host free expungement clinic at FedEx Forum

The event will occur from 9 a.m. to 1 p.m. on Saturday, April 5. MEMPHIS, Tenn. — Shelby County officials and the Memphis Grizzlies are teaming up for the first time to host an expungement clinic at FedEx Forum in April 2025.  The Erase & Elevate …

Postmaster General Louis DeJoy Resigns Amid $9.5 Billion Loss And Growing As USPS Faces Competitive Heat From Amazon, ...

U.S. Postmaster General Louis DeJoy announced his immediate resignation on Monday, marking a significant shift in leadership for the United States Postal Service amid challenging market dynamics. What Happened: DeJoy’s resignation comes as the USPS faces …

FedEx van rolls over in East El Paso crash, one person injured

EL PASO, Texas (KFOX14/CBS4) — One person was hurt after a pickup truck and a FedEx van crashed in East El Paso. According to the El Paso Fire Department at around 2:47 p.m. Monday, a FedEx van rolled over after it was involved in a crash with a Ford …

FedEx confirms Bend Shipping Center on NE Jamison Street closing this month

BEND, Ore. (KTVZ) -- KTVZ News has learned the large FedEx Ship Center in northeast Bend will be closing soon. A company representative told us employees were notified of the impending closure of the Northeast Jamison Street facility several months ago and …

FedEx Delivers Another Crushing Blow to Its Stock Price

FedEx (NYSE:FDX) reported growth and signs of sustainable improvement in its FQ3 earnings report, but H1 2025 is an unlikely time to buy the stock. The company’s results are mixed in a bad way, with weak margins offset by strong revenue, and guidance was …

FedEx adds 10 ATRs to feeder fleet

Regional aircraft maker ATR announced a major contract with FedEx for the acquisition of 10 ATR 72-600F. This order adds to a previous commitment of 30 aircraft, and deliveries are scheduled between 2027 and 2029. These 10 aircraft are part of the 2024 …

FedEx vehicle rolls over in East El Paso

EL PASO, Texas (KVIA) -- An El Paso Fire Department spokesperson said that a FedEx vehicle rolled over near George Dieter and East Glen Drive. The crash was first reported at 2:27 PM today. Fire crews are now on the scene, officials say. ABC-7 has a crew …

FedEx orders 8 new B777Fs on positive outlook

FedEx recently reached agreements to purchase eight new Boeing 777 freighter aircraft and two used 777 freighters, which will be phased in during calendar years 2026 and 2027. “These modern and fuel-efficient aircraft were purchased at attractive prices …

FedEx Volunteers Distribute 1,600 Ramadan Care Packages

FedEx Volunteers Distribute 1,600 Care Packages, delivering Ramadan kindness Federal Express Corporation (FedEx), the world’s largest express transportation company, continues its annual tradition of giving back during Ramadan through its food packing …

FedEx converts options into orders for a further eight Boeing 777F freighters

US express freight giant FedEx has announced that the company has exercised options held for a further eight Boeing 777F freighter aircraft. The announcement comes as the carrier also revealed an order for ten additional ATR72 freighters, while FedEx also …

FedEx bringing on nearly $400M in new healthcare business

FedEx is onboarding nearly $400 million in new annualized revenue for its healthcare vertical over the next 90 days, EVP and Chief Customer Officer Brie Carere said on an earnings call Thursday. The business gains will allow FedEx to end the fiscal year …

FedEx adds B777Fs and ATR72s, delays MD-11F retirement

FedEx has exercised options to purchase eight B777-200Fs from Boeing and acquired an additional two used aircraft of the type for its in-house airline FedEx Express. The logistics integrator also ordered ten ATR72-600Fs from ATR - Avions de Transport …

Stock Of The Day: Does 'Good Action' In FedEx Mean A Move Higher?

FedEx Corporation FDX is trading higher on Monday after the stock fell by almost 6.5% on Friday. The delivery service company posted earnings and an outlook that disappointed The Street. But the numbers may not be as bad as they were initially thought to …

FedEx expands fleet with ten new ATR 72-600F aircraft

ATR, the regional aircraft manufacturer, has confirmed a major contract with FedEx Corp., the largest global express transportation provider, for the purchase of ten additional ATR 72-600F aircraft. This new order follows a prior commitment of 30 aircraft, …

FedEx Stock Is Rising. It Got Upgraded After a Tough Week.

FedEx exec: LTL division will put up ‘quite a good margin in Q4’

Leaders of FedEx Corp. said the company’s market-leading less-than-truckload division should see revenues and operating margins grow this quarter, helped by strong pricing even though volume growth from the industrial economy remains elusive. Speaking to …

China’s Xi urges global CEOs to protect trade supply chains

Introduction: China's Xi urges global CEOs to protect trade as Trump tariffs loomGood morning and welcome to our rolling coverage of business, the financial markets and the world economy. Anxiety over Donald Trump’s plan to announce a barrage of …

As protections expire, Ukrainians who escaped war face an uncertain future

People wait in line to attend a Lenten fish fry at the Ukrainian American Community Center in Minneapolis, MN, March 7, 2025. All tips from the event are used to provide humanitarian aid to Ukraine and support recently arrived Ukrainians. Tim Evans/for …

China’s Xi calls on top executives to help ‘uphold global order’ as trade tensions with U.S. rise

BEIJING — Chinese President Xi Jinping on Friday met with global executives and made a case for investing in the country, as Beijing focuses on reaching out to businesses amid escalating trade tensions with the U.S. He said multinational companies had a …

Morgenrot Launches MORGENROT® TailorNode, a Virtualized Orchestration Platform for AI Data Centers, Worldwide

Realizing a New Standard for AI Data Center Services TOKYO, JAPAN, March 27, 2025 /⁨EINPresswire.com⁩/ -- Morgenrot Inc., a company providing infrastructure solutions for computing power in the generative AI / HPC era, is launching its …

DSAeCommerce’s Risk-Free Marketplace Solutions: A Game-Changer for New Entrepreneurs

DSAeCommerce offers innovative, risk-free marketplace solutions that empower new entrepreneurs to launch and scale successful online businesses NEW YORK, NY, UNITED STATES, March 27, 2025 /⁨EINPresswire.com⁩/ -- In the ever-evolving world of …

Logiwa and Pipe17 Partner to Transform the 3PL Landscape

New Accelerator Gives 3PLs Competitive Edge with Omnichannel Customers SEATTLE, WA, UNITED STATES, March 27, 2025 /⁨EINPresswire.com⁩/ -- Pipe17, a leading provider of AI-native Order Operations solutions to brands, retailers, 3PLs and wholesalers …

DIZPOT Commits to Mitigate Tariff Costs, Protecting Customers from Price Increases

PHOENIX, AZ, UNITED STATES, March 27, 2025 /⁨EINPresswire.com⁩/ -- DIZPOT, a leading packaging, branding, and logistics company for highly regulated industries with expertise in cannabis, has pledged to mitigate the financial impact of new …

Intercont (Cayman) Limited Announces Pricing of Its Initial Public Offering

HONG KONG, March 27, 2025 (GLOBE NEWSWIRE) -- Intercont (Cayman) Limited (“Intercont” or the “Company”), a global shipping enterprise with plans for seaborne pulping operations, today announced the pricing of its initial public offering (the “Offering”) of …

CMB.TECH announces final year results

CMB.TECH ANNOUNCES FINAL YEAR RESULTS TRANSFORMATIONAL YEAR AND STRONG EARNINGS ANTWERP, Belgium, 27 March 2025 – CMB.TECH NV (“CMBT”, “CMB.TECH” or “the Company”) (NYSE: CMBT & Euronext: CMBT) reported its final financial results today for the full …

Sonoco Named One of America’s Most Trustworthy Companies

HARTSVILLE, S.C., March 27, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (NYSE: SON), a global leader in high-value sustainable packaging, has been named one of America’s Most Trustworthy Companies, ranking 11th in the Transport, Logistics and …

Smart Warehousing Market Evolution & Automation Impact | 2025 To 2034 Outlook Report

Smart Warehousing Market: AI, robotics, and IoT revolutionize warehouse operations, enhancing efficiency, inventory tracking, and automated logistics management CALIFORNIA, CA, UNITED STATES, March 27, 2025 /⁨EINPresswire.com⁩/ -- The Global Smart …

TEN Ltd. Reports Profits for the 12 Months and Fourth Quarter Ended December 31, 2024 and Announces Common Share ...

Dynamic 21 vessel expansion - 36% dwt growth - 82 vessel proforma fleet. Doubling minimum contracted revenues to $4.0 billion Adjusted EBITDA of $400 million and Net income of $176 million for 2024   Annual EPS of $5.03 and $0.42 for the 2024 fourth …

CIRRO Fulfillment strengthens French operations with new fulfilment centre in Paris Region

PARIS, March 27, 2025 (GLOBE NEWSWIRE) -- CIRRO Fulfillment, operating under the legal entity JS LOGISTICS in France, a global e-commerce fulfilment provider, announces the expansion of its storage capacity and operational capabilities at the Saint-Mard II …

XPO Announces $750 Million Share Repurchase Authorization

GREENWICH, Conn., March 27, 2025 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, today announced that its Board of Directors has authorized the repurchase of up to $750 million of XPO’s common stock. The …

Direct Logistics Appoints Dustin Symes as President to Lead Next Phase of Growth

Direct Logistics, a leading provider of software-enabled third-party logistics solutions, has announced the appointment of Dustin Symes as President. IRVING, TX, UNITED STATES, March 26, 2025 /⁨EINPresswire.com⁩/ -- Direct Logistics, a leading provider of …

Seanergy Maritime Announces Fixed Income Investor Meetings

GLYFADA, Greece, March 27, 2025 (GLOBE NEWSWIRE) -- Seanergy Maritime Holdings Corp. (the “Company” or “Seanergy”) (NASDAQ: SHIP), through Norwegian investment banks, will arrange a series of fixed income investor meetings in the Nordic bond market, …

Sonoco To Implement Price Increase for Core Board and Paperboard in Europe

HARTSVILLE, S.C., March 27, 2025 (GLOBE NEWSWIRE) -- Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable paper and metal packaging, today announced it is implementing a €60 per metric ton price …

FactorFox Returns to Founder Robert Vasquez in Strategic Acquisition to Launch Next-Gen Specialty Finance Network

Robert Vasquez reacquires FactorFox, launching an AI-powered specialty finance network to connect lenders, operators & capital in real-time. ORLANDO, FL, UNITED STATES, March 26, 2025 /⁨EINPresswire.com⁩/ -- Robert Vasquez, the original …

Glīd Appoints Google and Stripe Alum as CTO to Power U.S. Logistics 4.0 Rollout

Narla will lead development of Glīd’s AI-first platform, EZRA-1SIX, to automate transload logistics and scale deployment across U.S. freight networks. ATLANTA, GA, UNITED STATES, March 26, 2025 /⁨EINPresswire.com⁩/ -- Glīd, a U.S.-based leader in …

ArchLynk Launches Supply Chain Portal which is Now Available on SAP® Store

SAN JOSE, CA, UNITED STATES, March 26, 2025 /⁨EINPresswire.com⁩/ -- ArchLynk, today announced that its Supply Chain Portal Solution is now available on SAP® Store, the online marketplace for SAP and partner offerings. Empower your supply chain with …

The Larson Group Announces Network Expansion with Opening of TRP NE Arkansas

TRP NE Arkansas is TLG's third Arkansas location and the 26th facility in its dealer network. It offers all-makes aftermarket parts and mobile service repair. SOUTHSIDE, ARK, AR, UNITED STATES, March 26, 2025 /⁨EINPresswire.com⁩/ -- The Larson …

EMINENT Services Corporation Expands Support for Food Allergy Research with Cost-Effective Solutions

FREDERICK, MD, UNITED STATES, March 26, 2025 /⁨EINPresswire.com⁩/ -- EMINENT Services Corporation, a global CDMO subsidiary of EMINENT Life Sciences, a recognized leader in clinical trial support, proudly announces its continued commitment to …

Newly Published Book by Anna McGovern, Antifragile Supply Chains, Empowers Businesses to Thrive Amid Disruptions

The most successful companies aren’t just resilient; they’re antifragile. Anna McGovern has written the book on how to future-proof your business. MONROE, CT, UNITED STATES, March 26, 2025 /⁨EINPresswire.com⁩/ -- I am thrilled to announce the …