Express

Home/Tag:Express

UPS & SF Holding Joint Venture Receives Regulatory Approval In China

US 09/28/17Atlanta, GAJV combines SF’s extensive 13,000 service points across 331 cities in China with UPS’ globally integrated 220 country network in world’s fastest growing small package marketToday UPS (NYSE:UPS) and SF Holding (SZSE:002352), the parent company of SF Express, announced approval of their planned joint venture by China’s Ministry of Commerce (MOFCOM). The JV approval is a positive development for international trade and allows the two leading companies to leverage their complem

By | 2017-09-28T00:53:00+00:00 September 28th, 2017|companies|0 Comments

FedEx Corp. Reports First Quarter Earnings

Most TNT Express services resumed during the quarter and substantially all TNT Express critical operational systems have been restored. As a result, the company is unable to provide fiscal 2018 earnings guidance on a GAAP basis. “The impact of the cyberattack on TNT Express and lower-than-expected results at FedEx Ground reduced our first quarter earnings,” said Alan B. Graf, Jr., FedEx Corp. executive vice president and chief financial officer. “We are currently executing plans to mitigate the

By | 2017-09-19T00:53:00+00:00 September 19th, 2017|companies|0 Comments

FedEx Corp. Reports First Quarter Earnings

Most TNT Express services resumed during the quarter and substantially all TNT Express critical operational systems have been restored. As a result, the company is unable to provide fiscal 2018 earnings guidance on a GAAP basis. “The impact of the cyberattack on TNT Express and lower-than-expected results at FedEx Ground reduced our first quarter earnings,” said Alan B. Graf, Jr., FedEx Corp. executive vice president and chief financial officer. “We are currently executing plans to mitigate the

By | 2017-09-19T00:53:00+00:00 September 19th, 2017|companies|0 Comments

Shipping Rates to Increase for FedEx Express, FedEx Ground and FedEx Freight Services

Shipping Rates to Increase for FedEx Express, FedEx Ground and FedEx Freight ServicesMEMPHIS, Tenn., September 18, 2017 — FedEx Express, FedEx Ground and FedEx Freight, subsidiaries of FedEx Corp. (NYSE: FDX), will increase shipping rates effective January 1, 2018. FedEx Express will increase shipping rates by an average of 4.9% for U.S. domestic, U.S. export and U.S. import services. FedEx Ground and FedEx Home Delivery shipping rates will increase by an average of 4.9%. FedEx Freight shipping

By | 2017-09-18T00:53:00+00:00 September 18th, 2017|companies|0 Comments

Shipping Rates to Increase for FedEx Express, FedEx Ground and FedEx Freight Services

Shipping Rates to Increase for FedEx Express, FedEx Ground and FedEx Freight ServicesMEMPHIS, Tenn., September 18, 2017 — FedEx Express, FedEx Ground and FedEx Freight, subsidiaries of FedEx Corp. (NYSE: FDX), will increase shipping rates effective January 1, 2018. FedEx Express will increase shipping rates by an average of 4.9% for U.S. domestic, U.S. export and U.S. import services. FedEx Ground and FedEx Home Delivery shipping rates will increase by an average of 4.9%. FedEx Freight shipping

By | 2017-09-18T00:53:00+00:00 September 18th, 2017|companies|0 Comments

Ten FedEx Drivers Take Home Top Honors at the National Truck Driving Championships

Ten FedEx Drivers Take Home Top Honors at the National Truck Driving ChampionshipsRoland Bolduc, FedEx Express, Awarded Grand Champion TitleMEMPHIS, Tenn. August 15, 2017– FedEx Corp. (NYSE: FDX) announced today that 10 drivers representing the company took home top honors at the 2017 National Truck Driving Championships (NTDC) in Orlando August 8-12. Six were crowned National Champions in their respective driving classes and Roland Bolduc of FedEx Express, was named the Bendix Grand Champion, t

By | 2017-08-15T00:53:00+00:00 August 15th, 2017|companies|0 Comments

DHL expands environmentally-friendly ‘City Hub’ concept in the Netherlands with customized electric vehicles

This will also see the first deployment of Deutsche Post DHL Group’s highly successful StreetScooter electric delivery van in the global DHL Express delivery network. To operate 70% of its own first and last mile services with clean pick-up and delivery solutions, such as by bike and electric vehicle. DHL Express, the world's leading international express services provider, has extended its successful City Hub concept for environmentally-friendly inner-city deliveries to The Hague, Netherlands with a new pilot involving electric vehicles. This will also see the first deployment of Deutsche Post DHL Group’s highly successful StreetScooter electric delivery van

By | 2017-08-03T00:53:00+00:00 August 3rd, 2017|companies|0 Comments

UPS Expands Alcohol Shipping To Consumers Around The World

Using one of the UPS Express™ shipping services, wine connoisseurs can have their favorite cases of wine shipped directly from the vineyards to their home. UPS is helping wineries reach consumers living in 24 of the top 35 wine importing countries, and distilleries in 9 of the top 25 spirit importing countries. The UPS shipping system helps wineries, breweries and distilleries avoid delays by uploading all of the required alcohol-related documentation for each country electronically. The UPS Exp

By | 2017-07-31T00:53:00+00:00 July 31st, 2017|companies|0 Comments

FedEx Files 10-K with Additional Disclosure on Cyber-Attack Affecting TNT Express Systems

FedEx Files 10-K with Additional Disclosure on Cyber-Attack Affecting TNT Express SystemsReaffirms Commitment to Improve FedEx Express Operating Income by $1.2-$1.5 billion by FY2020MEMPHIS, Tenn., July 17, 2017 … FedEx Corp. (NYSE: FDX) (“FedEx”) today filed its annual report on Form 10-K for fiscal year 2017 with the Securities and Exchange Commission. The filing includes additional information regarding the June 2017 cyber-attack on the worldwide information systems of TNT Express B.V. (“TNT”

By | 2017-07-17T00:53:00+00:00 July 17th, 2017|companies|0 Comments

TNT Express Operations Disrupted

TNT Express Operations DisruptedAll Other FedEx Services Operating NormallyMEMPHIS, Tenn., June 28, 2017 — FedEx Corporation (NYSE: FDX) today announced that the worldwide operations of its TNT Express subsidiary have been significantly affected due to the infiltration of an information system virus. While TNT Express operations and communications systems have been disrupted, no data breach is known to have occurred. We are also experiencing delays in TNT Express inter-continental services at th

By | 2017-06-28T00:53:00+00:00 June 28th, 2017|companies|0 Comments