FedEx Corporation

U.S. delivery firm FedEx Corp on Thursday said quarterly profit jumped more than expected on higher prices and surging volume from pandemic-fueled home e-commerce deliveries.

U.S. delivery firm FedEx Corp on Thursday said quarterly profit jumped on higher prices and surging volume from pandemic-fueled home e-commerce deliveries.

The U.S. government warned it could limit flights by Hong Kong-based carriers that got a leg up on U.S. rivals after the Asian financial hub imposed quarantine rules that forced U.S. cargo carrier FedEx Corp to move some crews to San Francisco.

FedEx Corp's chief executive, Frederick Smith, will testify before Congress on Wednesday as U.S. lawmakers begin a fast push for a massive hike in infrastructure spending and drive toward electric vehicles, congressional aides said Thursday.

A federal judge in Manhattan has dismissed a proposed class action by FedEx shareholders accusing the company of hiding the extent of the damage the "NotPetya" computer virus wreaked on the company's nascent European expansion in 2017.

Freight carrier FedEx Corp will temporarily relocate its Hong Kong-based pilots to San Francisco because it expects the Asian financial capital to establish strict 14-day hotel quarantine requirements for crew, it said in a memo to pilots.

Freight carrier FedEx Corp will temporarily relocate its Hong Kong-based pilots to San Francisco because it expects the Asian financial capital to establish strict 14-day hotel quarantine requirements for crew, it said in a memo to pilots.

From his office overlooking Cherbourg docks, general manager Yannick Millet points to trailers destined for Ireland that belong to Amazon and FedEx, new customers and a signal of a potential big shift in post-Brexit trade.

FedEx Corp's express unit on Tuesday announced a plan to lay off between 5,500 and 6,300 employees in Europe, as it nears the completion of the network integration of its TNT Express unit.

FedEx Corp has been hit with a proposed class action claiming the company has failed to take even basic steps to prevent the spread of COVID-19 among the thousands of workers at its facilities in California.

FedEx Corp's Canadian subsidiary and Innomar Strategies, a Canada-based unit of U.S. drug distributor AmerisourceBergen Corp said on Thursday they have started to distribute Moderna Inc's COVID-19 vaccine across Canada.

U.S. delivery firm FedEx Corp on Thursday said quarterly profit almost doubled after rate hikes and spiking volume helped lower the cost of delivering pandemic-fueled e-commerce purchases to residential addresses.

U.S. delivery firm FedEx Corp on Thursday said quarterly profit almost doubled after rate hikes and spiking volume helped lower the cost of delivering pandemic-fueled e-commerce purchases to residential addresses.

Cargo planes and trucks with the first U.S. shipments of coronavirus vaccine fanned out from FedEx and UPS hubs in Tennessee and Kentucky on Sunday en route to distribution points around the country, launching an immunization project of unprecedented scope and complexity.

United Parcel Service and FedEx Corp plan to deliver millions of doses of COVID-19 vaccines before holiday gifts - giving them VIP handling that includes GPS tracking, special labels and first-loaded status on planes and trucks.

FedEx Corp - and its rival United Parcel Service Inc - have enough air cargo capacity handle COVID-19 vaccine deliveries, FedEx Americas President Richard Smith said on Tuesday.

Canada has exercised its option to purchase an additional 20 million doses of Moderna Inc's COVID-19 vaccine, Procurement Minister Anita Anand said on Friday.

United Parcel Service Inc's <UPS.N> quarterly profit beat expectations on Wednesday, but shares sank 5.5% as investors fretted over a margin squeeze from pandemic-fueled e-commerce deliveries.

Out with grimy microwaves and sticky coffee machines with worn-out buttons, in with stylus pens, QR codes, no-touch water coolers and mobile apps that pick what brew the machine will make for you.