MEMPHIS, Tenn. | FedEx Corp. has received an Internal Revenue Service challenge to its business model for contracting with independent drivers for the company’s FedEx Ground division.
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FedEx is on track to push further into Europe with plans to buy Dutch firm TNT Express. More: continued here
FedEx SupplyChain®, a subsidiary of FedEx Corp. , and an integrated logistics provider, has rolled out new and expanded visibility and control features, as well as new s More: continued here
Stocks soared Tuesday, led by financials, as the market breathed a huge sigh of relief following better-than-expected earnings from Goldman Sachs and Lehman Brothers. More: continued here
NEW YORK (Reuters) – FedEx Corp’s quarterly profit and outlook beat forecasts as higher shipping rates and tight cost controls more than offset a slowing economic recovery and high fuel prices. More: continued here
The Federal Aviation Administration is seeking a $681,200 civil penalty from FedEx for violating hazardous material shipping rules in August 2010. More: continued here
The company says it is innocent and will plead not guilty to the charges brought Thursday by the Department of Justice. More: continued here