With construction ahead of schedule on its 400,000-square-foot ground facility, the FedEx site off Sundial Road is evolving into a hopeful symbol for Troutdale and the economic future of East County. The project that barely a year ago seemed mired in setbacks – for environmental, financial, … More: continued here
Read More »FedEx Shares Fall as Demand Concerns Mount (The Memphis Daily News)
NEW YORK (AP) – FedEx Corp. shares fell Friday as investors reacted to the company’s worse-than-expected fiscal third quarter earnings and analysts pr…. More: continued here
Read More »Global downturn delivers blow to FedEx (National Post)
Package delivery company FedEx Corp reported a sharply lower quarterly profit due to the global economic downturn and said it was taking fresh actions to cut costs. More: continued here
Read More »FedEx to Cut 1,000 Jobs (FOX 13 Memphis)
Third quarter numbers for FedEx are in and they don’t look good for the Memphis based shipping giant. While the company’s CEO Fred Smith said their financial performance was sharply lower during the quarter due to the global recession, the numbers tell the real story and jobs might soon be …
Read More »FedEx Cutting Jobs, Local Impact Unknown (WXIA-TV Atlanta)
FedEx Corp. announced it would cut 1,000 jobs worldwide as a result of cost-cutting measures to deal with the tough economy. More: continued here
Read More »FedEx Profits Decrease, Layoffs Increase (SupplyChainSolutions – SupplyChainMarket)
In light of the continuing deterioration in the global economy, FedEx will implement additional cost-reduction initiatives, both in the U.S. and internationally. More: continued here
Read More »'I made £2000 on eBay in one month' – Telegraph.co.uk
Telegraph.co.uk 'I made £2000 on eBay in one month'Telegraph.co.uk, United KingdomMark Chick decided to sell many of his household possessions on eBay rather than take them with him when he moved house. When it came time to move house, Mark Chick, below, from Crawley, West Sussex, dreaded packing up the contents …
Read More »Ex-FedEx employee charged with breaking into trucks, stealing packages with drugs (WWL-TV, Channel 4 New Orleans)
A former FedEx employee has been arrested on charges that he broke in to some of the company’s delivery vehicles on the street and stole pharmaceuticals destined for local drug stores. More: continued here
Read More »FedEx to cut 1,000 jobs worldwide (Silicon Valley – San Jose Business Journal)
FedEx Corp. announced it would cut about 1,000 jobs as a result of cost-cutting measures to deal with the tough economy. More: continued here
Read More »FedEx shares fall as demand concerns mount (AP via Yahoo! Finance)
FedEx Corp. shares fell Friday as investors reacted to the company’s worse-than-expected fiscal third quarter earnings and analysts predicted the package delivery company’s profit will continue to be hampered by a weak global economy. More: continued here
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