FedEx Breaks Ground On Cold-Storage Facility

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NEW YORK (AP) — Ed Gullo never thought he’d be on this side of a package delivery. Gullo, 61, of Newburgh, N.Y., is driving a truck for FedEx during the holiday shipping rush that started after Thanksgiving. Gullo is no veteran truck driver. More: continued here

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Ernie Els among several top players now at bottom as FedEx Cup playoffs begin More: continued here

FedEx’s new hub at Piedmont Triad International Airport won’t open until next fall and will start operations with fewer workers than initially projected as the company keeps cautious amid a tumultuous economy. More: continued here

FedEx Corp. said Thursday it will raise shipping rates for its Ground and Home Delivery units by an average of 4.9 percent in 2010 — 1 percentage point less than this year’s rate hike. More: continued here