With construction completed on the 400,000 square foot FedEx Ground facility in Troutdale, limited operations are under way with employees being phased in. Company officials noted the building, located off Sundial Road on the former Reynolds/Alcoa aluminum plant site, should be fully operational …
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Shares of package delivery company United Parcel Service Inc. rose Thursday after a Bear Stearns analyst upgraded the stock, citing a slew of catalysts for long-term growth including current troubles at rival FedEx Corp. More: continued here
MIAMI, May 23, 2012 /PRNewswire/ — On May 19 at the 10 th annual FedEx/St. Jude Angels & Stars Gala presented by Manuel and Mercedes Mosteiro, more than 750 guests celebrated the humanitarian work of … More: continued here
SAN FRANCISCO (AP) — Track coach Trevor Graham orchestrated a doping scheme for his elite track athletes and lied to federal investigators about his role in it, the prosecution said in closing arguments of Graham’s trial on Tuesday. More: continued here
MEMPHIS, Tenn. — FedEx Corp. announced a general rate increase of 5.5 percent Wednesday for its FedEx Freight trucking division. The demand for freight shipping is “severely restrained” by the weak national economy, the company said, noting the 6 percent drop in less-than-truckload shipments More: continued here
Stewart Cink beat Tom Watson in a heartbreaking playoff at the British Open. 1. British Open . The agony of defeat never hurt worse than it did at Turnberry, when 59-year-old Tom Watson had a record-tying sixth Open championship in his grasp only to watch it slip away in a playoff with Stewart Cink. The…
Federal prosecutors are seeking to compel FedEx Corp. (FDX) to settle a pending drug-trafficking case by adding money-laundering charges against the parcel shipping company, attorneys and analysts said. More: continued here