Why FedEx’s Earnings Aren’t So Hot

FedEx Ground, the small-package ground delivery unit of FedEx Corp. hosted a ground breaking ceremony to celebrate the construction of a new distribution facility in the Philadelphia area. Shown at the ceremony in Tinicum Township are (from l) Delaware County Commerce Center Director Patrick Killian, County Council Members John McBlain, Mario Civera, Tom McGarrigle, Tinicum…

FedEx Corp said on Monday that its second-quarter earnings would easily beat its previous forecast, citing strong growth in international demand for its air services, especially in Asia and Latin America, and its shares rose more than 3 percent. More: continued here

FedEx Corp. initiated the deployment of electric trucks at its distribution centre in Silicon Valley. More: continued here

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