Associated tags: FedEx, Transport, Safety, FDX, Supply Chain Management, Logistics, Trucking, NYSE, Other Transport, Air, Retail
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NOVI, Mich., May 2, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and specialty vehicle markets today announced a purchase order with FedEx for an initial order of 150 Blue Arc™ EV Trucks to be integrated into the FedEx pickup and delivery fleet in the U.S. This order reflects the shared commitment of both organizations to reduce carbon emissions and reduce air pollution through the adoption of commercial-grade electric vehicles (EVs).
Key Points:
- NOVI, Mich., May 2, 2024 /PRNewswire/ -- The Shyft Group, Inc. (NASDAQ: SHYF), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and specialty vehicle markets today announced a purchase order with FedEx for an initial order of 150 Blue Arc™ EV Trucks to be integrated into the FedEx pickup and delivery fleet in the U.S.
- FedEx tested the vehicle in real-life conditions, using it on last-mile delivery routes in Memphis.
- "We look forward to bringing the Blue Arc into our growing portfolio of electric vehicles in service around the world."
- "Our collaboration with FedEx has been instrumental in refining our strategy for meeting commercial-grade EV fleet needs," said John Dunn, President and CEO of the Shyft Group.
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Air cargo NEW YORK, April 8, 2024 /PRNewswire-PRWeb/ -- Easyship, the leading global shipping platform for modern commerce, today announced a new agreement with FedEx to offer small and medium-sized businesses across the United States an expanded range of fast, affordable and reliable shipping solutions. Easyship customers will be the first to access new discounted shipping rates on all 13 FedEx services, including:
Key Points:
- This alliance with FedEx allows us to be the first all-in-one shipping platform to offer the full bundle of FedEx services, including the opportunity to save up to 90% with competitive rates."
- "This alliance with FedEx allows us to be the first all-in-one shipping platform to offer the full bundle of FedEx services, including the opportunity to save up to 90% with highly competitive rates.
- FedEx Ground®: Provides guaranteed 'day-definite' delivery to business addresses throughout the U.S. within 1-5 business days, offering a more cost-effective option for non-urgent shipments.
- FedEx International Priority®: Customs-cleared, door-to-door delivery in 1-3 business days, backed by a FedEx Money-Back Guarantee, ideal for time-sensitive international shipments.
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Share repurchase FedEx Ground operating results increased due to lower structural costs resulting from DRIVE initiatives, higher base yield, and reduced self-insurance costs.
Key Points:
- FedEx Ground operating results increased due to lower structural costs resulting from DRIVE initiatives, higher base yield, and reduced self-insurance costs.
- Cost per package was flat, as lower line-haul expense and improved dock productivity offset higher first- and last-mile costs.
- The year-to-date decrease in outstanding shares benefited third quarter results by $0.09 per diluted share.
- FedEx expects to repurchase an additional $500 million of common stock during the fiscal fourth quarter, which will bring the fiscal 2024 buyback total to $2.5 billion.
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Air cargo FedEx Corp. (NYSE: FDX) announced today that Robert B. Carter, EVP, FedEx Information Services & CIO, FedEx Corporation and co-president & co-CEO of FedEx Services, will retire after an exemplary career at FedEx for 31 years.
Key Points:
- FedEx Corp. (NYSE: FDX) announced today that Robert B. Carter, EVP, FedEx Information Services & CIO, FedEx Corporation and co-president & co-CEO of FedEx Services, will retire after an exemplary career at FedEx for 31 years.
- Under his leadership, Carter spearheaded cutting-edge technology that differentiated FedEx in the industry such as real-time tracking and transactions.
- In this role, Krishnasamy will lead the FedEx IT and FedEx Dataworks teams to unleash the power of FedEx intelligence to further serve FedEx global operations and customers.
- Since joining FedEx in 1997, Krishnasamy has worked at multiple FedEx operating companies and held leadership positions around the globe.
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Thursday, February 29, 2024
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Online shopping FedEx Corp. (NYSE: FDX) today announced the upcoming launch of its 12th annual Small Business Grants Program, which will award more than $230,000 in grants and services to ten (10) U.S.- based small businesses.
Key Points:
- FedEx Corp. (NYSE: FDX) today announced the upcoming launch of its 12th annual Small Business Grants Program, which will award more than $230,000 in grants and services to ten (10) U.S.- based small businesses.
- “Since 2012, FedEx has been helping small business owners achieve their dreams by growing and expanding their ventures through our grants program, and we are excited to see who will receive grants this year.”
One 2024 FedEx Small Business Grant grand prize recipient will receive $50,000 and nine additional recipients will each receive $20,000, in addition to a $500 FedEx Office print credit, a $300 voucher from My FedEx Rewards , and access to FedEx Premier Customer Service.
- All recipients will also receive a sustainable packaging consult from the FedEx Packaging Lab , a digital consult from the FedEx Digital Sales Solutions team, an invite to attend a Small Business Strategic Insights Forum, and a feature on the FedEx Small Business Center .
- The 2024 FedEx Small Business Grants Program is open to U.S.-based FedEx customers who are for-profit small businesses, have 1-99 employees, have been in operations selling a product or service for six months or more and have opened a FedEx account prior to September 1, 2023, and currently ship with FedEx.
Retrieved on:
Wednesday, February 21, 2024
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Management Today, FedEx, the world's largest express transportation company, announced the third cohort of the FedEx-HBCU Student Ambassador Program.
Key Points:
- Today, FedEx, the world's largest express transportation company, announced the third cohort of the FedEx-HBCU Student Ambassador Program.
- Students from eight HBCUs will gain exposure to FedEx leadership, team members, and unique learning experiences that help build leadership and career-ready skills.
- New participants were selected from the following eight HBCUs, most of which are regionally located in close proximity to a FedEx operating or distribution facility.
- The proximity allows students from within these communities more opportunities to engage with Team FedEx and learn about the business.
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Friday, February 16, 2024
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FDX The Board of Directors of FedEx Corp. (NYSE: FDX) today declared a quarterly cash dividend of $1.26 per share on FedEx Corp. common stock, in line with the company’s continued focus on delivering stockholder value.
Key Points:
- The Board of Directors of FedEx Corp. (NYSE: FDX) today declared a quarterly cash dividend of $1.26 per share on FedEx Corp. common stock, in line with the company’s continued focus on delivering stockholder value.
- The dividend is payable April 1, 2024 to stockholders of record at the close of business on March 11, 2024.
- FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services.
- With annual revenue of $88 billion, the company offers integrated business solutions through operating companies competing collectively, operating collaboratively and innovating digitally as one FedEx.
Retrieved on:
Thursday, February 8, 2024
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Air cargo The coveted Vince Lombardi Trophy arrived on the scene in Las Vegas for Super Bowl LVIII on Wednesday via FedEx, the Official Delivery Service of the NFL.
Key Points:
- The coveted Vince Lombardi Trophy arrived on the scene in Las Vegas for Super Bowl LVIII on Wednesday via FedEx, the Official Delivery Service of the NFL.
- View the full release here: https://www.businesswire.com/news/home/20240207265074/en/
Jerry Rice and FedEx Express courier Bob Fini with the Vince Lombardi Trophy.
- Photos by Tyler Kaufman, Associated Press
“FedEx is honored to be trusted with the delivery of the Vince Lombardi Trophy ahead of Super Bowl LVIII,” said Brian Philips, EVP, Chief Marketing and Communications Officer at FedEx.
- “Our friends at FedEx ensure the trophy’s safe and timely delivery each year, which continues to be an essential part of Super Bowl Week.”
To learn more about what FedEx is doing at Super Bowl LVIII and throughout the NFL season, follow FedEx on X via @FedEx .
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Online shopping FedEx Corp. (NYSE: FDX) today announced fdx, the first data-driven commerce platform that connects the entire customer journey — making it easier for companies to grow demand, increase conversion, optimize fulfillment, and streamline returns.
Key Points:
- FedEx Corp. (NYSE: FDX) today announced fdx, the first data-driven commerce platform that connects the entire customer journey — making it easier for companies to grow demand, increase conversion, optimize fulfillment, and streamline returns.
- FedEx is the only logistics company to connect the entire customer journey by offering end-to-end e-commerce solutions for businesses of all sizes – all in one platform.
- The fdx platform is currently available as a private preview [upon request] and businesses interested in learning more can sign up here .
- The platform brings together existing and new FedEx capabilities for customers.
Retrieved on:
Tuesday, November 28, 2023
Johnson Fistel, LLP is investigating potential claims on behalf of FedEx Corporation (NYSE: FDX) against certain of its officers and directors.
Key Points:
- Johnson Fistel, LLP is investigating potential claims on behalf of FedEx Corporation (NYSE: FDX) against certain of its officers and directors.
- You may also be able to assist in reforming the Company's corporate governance to prevent future wrongdoing.
- In some cases, the issues would be so severe, the vans were useless and businesses went bust.
- Johnson Fistel, LLP is investigating potential claims on behalf of Charles River Laboratories International, Inc. (NYSE: CRL) against certain of its officers and directors.
