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FedEx Ground cleared in IRS audit (Memphis Commercial Appeal)

IRS auditors gave FedEx Ground a clean bill of health for 2004-2006 tax years on the independent contractor front, declining to assess taxes or penalties relating to the company’s delivery force. The government, which previously made a similar finding for the 2002 tax year, still could audit contractor-related issues for …

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FedEx Further Expands its Environmentally-Friendly Vehicle Fleet With Order of 51 New Azure Dynamics Hybrid Electric … (Business Wire via Yahoo! Finance)

MEMPHIS, Tenn.—-FedEx Express, a subsidiary of FedEx Corp. , today announced it will purchase 51 additional gasoline-electric hybrid vehicles from Azure Dynamics Corporation . The FedEx fleet of hybrid electric and electric vehicles will total 325 when all 51 hybrid step-vans are delivered during November and December of 2009. More: …

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