Workers at FedEx in Delanco vote down union

Memphis, Tenn. (TheStreet) — Severe winter storms cost FedEx  $125 million in its fiscal third quarter, causing the company to miss earnings estimates and to reduce guidance for the remainder of the fiscal year. The overnight shipping company reported earnings of $378 million, or $1.23 a share, for the quarter ended Feb. 28. Analysts surveyed by Thomson…

Fred Smith, founder and chief executive of package-delivery pioneer FedEx, said growing demand from developing countries for high-technology and other valuable goods would assure continued growth in US exports even if the dollar’s slide reversed. More: continued here

The company seeks a 13-year tax break to help defray costs of new equipment and property improvements. More: continued here

FedEx Office, delivering world-class printing solutions for commercial customers’ needs, has received the 2014 Boeing Performance Excellence Award which recognizes superior supplier performance. More: continued here

The friend of a former South Fayette Township patrolman who received nearly nine pounds of cocaine in a Federal Express package has been sentenced to 57 months in federal prison. More: continued here

A House committee reported an FAA Reauthorization Act to the House floor this afternoon with language that would make it easier for unions like the International Brotherhood of Teamsters to organize FedEx employees. More: continued here