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FedEx Express to Acquire Express Business Of Flying Cargo Group in Israel

FedEx Express to Acquire International Express Business Of Flying Cargo Group in IsraelMEMPHIS, Tenn., and TEL AVIV, Israel, January 15, 2019—FedEx Express and Flying Cargo Group are pleased to announce that after nearly 30 years of close cooperation providing International Express transportation services to the Israeli market, they have reached a conditional agreement under which FedEx Express will acquire the International Express business of Flying Cargo Group in Israel. The announcement come

By | 2019-01-14T16:00:00+00:00 January 14th, 2019|companies, News|0 Comments

FedEx Corp. Reports Second Quarter Results

We have adjusted our second quarter fiscal 2019 and 2018 consolidated financial measures and the FedEx Express segment second quarter fiscal 2019 and 2018 financial measures to exclude TNT Express integration expenses because we generally would not incur such expenses as part of our continuing operations. The adjustment to our second quarter fiscal 2019 consolidated financial measures includes only a revision to this transitional impact. Because non-GAAP financial measures are not standardized,

By | 2018-12-17T16:00:00+00:00 December 17th, 2018|companies, News|0 Comments

Raj Subramaniam Named as FedEx Express President and CEO

Raj Subramaniam Named as FedEx Express President and CEODavid L. Cunningham to retireFedEx Corp. (NYSE:FDX) announced today that David L. Cunningham, president and chief executive officer of FedEx Express, will retire effective December 31, 2018. Raj Subramaniam, currently executive vice president, chief marketing and communications officer of FedEx Corporation, will succeed Cunningham effective January 1, 2019. Most recently as president and CEO of FedEx Express, David has been responsible for

By | 2018-12-06T16:00:00+00:00 December 6th, 2018|companies, News|0 Comments

FedEx Introduces Additional Flight on USA-UAE Route To Facilitate Intercontinental Trade

FedEx Introduces Additional Flight on USA-UAE Route To Facilitate Intercontinental TradeDUBAI, U.A.E, November 20, 2018 – FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX), and the world’s largest express transportation company, has increased the frequency of its direct Memphis-Dubai Boeing 777F flight, facilitating intercontinental trade between the Middle East and the USA. “As the first to launch a dedicated flight between the USA and the UAE, FedEx has unrivalled expertise in shipping fr

By | 2018-11-19T16:00:00+00:00 November 19th, 2018|companies, News|0 Comments

UPS Expands Express Services To International High-Growth Markets

“We’re excited to announce that customers can now choose UPS to better compete globally with the time-definite services competitive businesses need,” said Nando Cesarone, president, UPS International. UPS customers can take advantage of robust customs brokerage services in these newly expanded areas. “In addition to expanding its service area, UPS improved time in transit to 24countries, primarily emerging markets, thereby increasing customers’ speed to market,” said Jean-Francois Condamine, UPS

By | 2018-11-12T16:00:00+00:00 November 12th, 2018|companies, News|0 Comments

FedEx Express Raises Road Safety Awareness amongst More Than 1,400 School children in Dubai

FedEx Express Raises Road Safety Awareness amongst More Than 1,400 School children in DubaiDUBAI, U.A.E, November 11, 2018 – FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, is bringing road safety awareness to approximately 1,400 students to nominated schools in Dubai. Nearly half of the world’s road casualties are among the most vulnerable road users, including children and pedestrians[1]. “Safety above all” is a guiding principle a

By | 2018-11-10T16:00:00+00:00 November 10th, 2018|companies, News|0 Comments

FedEx Promotes Benefits of Global Trade at Bloomberg New Economy Forum

FedEx Promotes Benefits of Global Trade at Bloomberg New Economy ForumAt the inaugural Bloomberg New Economy Forum in Singapore this week, FedEx Chairman and CEO Frederick W. Smith and FedEx EVP and Chief Marketing Officer Raj Subramaniam spoke about how trade can strengthen the global economy. The FedEx delegation to the New Economy Forum included FedEx Express Regional President Karen Reddington, FedEx Trade Networks President and CEO Richard Smith, FedEx Services SVP Integrated Marketing and

By | 2018-11-06T16:00:00+00:00 November 6th, 2018|companies, News|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., November 5, 2018 — FedEx Express, FedEx Ground and FedEx Freight, subsidiaries of FedEx Corp. (NYSE: FDX), will increase shipping rates effective January 7, 2019. FedEx Express shipping rates will increase 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 SmartPost shipping

By | 2018-11-04T16:00:00+00:00 November 4th, 2018|companies, News|0 Comments

Press Release

After having started the solo, non-stop voyage around the world on July 1st, she has already sailed over 14,500 nautical miles across the Atlantic and Indian Ocean. Susie Goodall is the only female and the youngest competitor amongst now 8 sailors attempting to complete the journey without any outside assistance or modern equipment. Ken Allen, CEO DHL Express, said "Although Susie has faced some challenges over the past four months she has continued to show her remarkable strength of character and can-do attitude. Susie was in good spirits at the Storm Bay gate and spent time speaking to the race organizers, media and DHL Express Australia, who were there t

By | 2018-11-01T17:00:00+00:00 November 1st, 2018|companies, News|0 Comments

FedEx Commits $2.5 Million for Aviation Scholarships

FedEx Commits $2.5 Million for Aviation ScholarshipsMEMPHIS, Tenn., Oct. 18, 2018—FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, today announced it is providing $2.5 million to create scholarships dedicated to easing the financial burden of rising education costs on the next generation of aviation professionals. FedEx Express created the FedEx Purple Runway Aviation Scholarship program and is collaborating with six universit

By | 2018-10-18T17:00:00+00:00 October 18th, 2018|companies, News|0 Comments