By David Beasley ATLANTA (Reuters) – Six people were hurt in a shooting at a FedEx Corp facility at a suburban Atlanta airport early on Tuesday, and the suspected shooter died from an apparent self-inflicted gunshot wound, police said. An active shooter was reported at the facility in Kennesaw, Georgia, about 30 miles northwest of Atlanta, just before 6 a.m. EST, said Cobb County Police …
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The battered U.S. economy took a bite out of UPS’ bottom line as consumers spent less and sent fewer packages in the last three months of 2008. The company Tuesday posted fourth-quarter sales and volume declines and said it will freeze management salaries and suspend 401(k) matches for employees to help UPS weather a difficult…
Both workers managed to get away from the armed gunmen. More: continued here
Shares of major railroads and package shippers mostly fell with the broader market Friday, as the price of oil rose and a Merrill Lynch downgraded railroad CSX Corp. to “Neutral” from “Buy.” More: continued here
FedEX unveils its new fleet of hybrid trucks right here in the Valley. More: continued here
NEW YORK, N.Y. – FedEx Corp., the world's second-largest package delivery company, on Wednesday detailed its plan to boost profit by $1.7 billion annually by shedding jobs, aircraft and underused assets…. More: continued here
WESTCHESTER COUNTY, NY (TheStreet) — When it comes to the trader-pleasing earnings released by FedEx this week, we must ask: What in the world went horribly right? After all, FedEx is a classically cyclical operation — and the U.S. and Asian economies, major areas of operation for the delivery behemoth, still suffer. Yet FedEx surmounted…