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Topic: FedEx Express (airline)


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In the News (Thu 31 Dec 09)

  
  FedEx - About FedEx - FedEx History
FedEx Express (FedEx) conceived the idea of an international network more than 20 years ago, when it purchased Gelco Express International, a courier service with offices in Europe and Asia.
In October 2004, FedEx was awarded 12 additional weekly flights to China by the U.S. Department of Transportation (DOT), bringing its total to 23.
FedEx opened a new China headquarters in Shanghai in November of that year, enabling the company to be more responsive and fully focused on the needs of its customers.
www.fedex.com /cn_english/about/history.html   (691 words)

  
  FedEx - Wikipedia, the free encyclopedia
FedEx, the first cargo airline to use jet aircraft for its services, expanded greatly after the deregulation of the cargo airlines sector.
The award winning FedEx logo is notable for containing a hidden right-pointing arrow in the negative space between the "E" and the "X", something that many people don't notice in their usual cursory interactions with the FedEx brand.
FedEx Express contractually flies a large number of packages for United States Postal Service totaling one billion dollars worth of packages per year, making it one of FedEx's biggest customers.
en.wikipedia.org /wiki/Federal_Express   (2152 words)

  
 Emirates Renews Three-Year Contract with FedEx - Zawya.com | Middle East Business News
FedEx will continue to support the smooth running of Emirates' diverse and rapidly expanding fleet, coordinating the supply and delivery of spare parts for routine maintenance and, where necessary, emergencies in foreign ports.
FedEx Express, a subsidiary of FedEx Corp., connects areas that generate 90% of the world's gross domestic product in 24-48 hours with door-to-door, customs-cleared service and a money-back guarantee.
FedEx Express employs more than 136,000 employees and has approximately 50,000 drop-off locations, 645 aircraft and approximately 42,000 motorized vehicles in its integrated global network.
www.zawya.com /story.cfm?id=ZAWYA20040926052907   (586 words)

  
 Federal Express
Federal Express (or FedEx) is a company that offers overnight courier[?] and logistics services.
The company, the first cargo airline to use jet airplanes for its services, expanded greatly after deregulation of the cargo airlines sector.
In January 1998 Federal Express acquired Caliber System, Inc, bringing in a number of units.
www.ebroadcast.com.au /lookup/encyclopedia/fe/FedEx.html   (275 words)

  
 FLTops.com - Pilot Career Information
FedEx Express is the largest division of the company, representing approximately 73 percent of the revenue produced.
FedEx Express is the division under which the pilots and pilot hiring professionals report.
FedEx claims annual revenues of $25 billion and reported a net income of $317 million, up 53% from $207 million the previous year for the third quarter ending Feb. 28, 2005.
www.fltops.com /profile.asp?ID=9   (816 words)

  
 Air & Express
FedEx Express continued to be the company's lowest-performing unit, but it still reported an 8 percent increase in quarterly revenue to $4.06 billion.
FedEx Home Delivery, which first turned a profit in the second quarter, is credited for most of that volume growth.
FedEx Freight's revenue for the quarter increased 12 percent to $493 million, with a 30 percent profit increase to $26 million, despite $2 million in rebranding expenses.
www.trafficworld.com /news/air/033103b.asp   (743 words)

  
 FedEx News and Information
FEDEX Express is starting work soon on expanding its hub at Indianapolis International Airport and, subsequently, is extending its lease agreement with airport authorities that includes construction of up to 14 additional wide-body aircraft gates.
FEDEX Express and the Australian Trade Commission (Austrade) are working together to strengthen trade ties between Australia and the United States, after signing a two-year alliance agreement to that effect.
FEDEX Corporation has announced that its FedEx Express unit is to acquire the express business of Chinese transportation company DTW Group, a deal which, when completed, will results in thousands of jobs for people in China.
www.fedex401k.com /News.html   (18897 words)

  
 FlightSafety to Provide ATR-42 Training for FedEx Express   (Site not responding. Last check: )
FedEx Express, a FedEx Corp. operating company (FDX:NYSE), began purchasing the ATR-42 earlier in the year for use in its feeder operations.
The two FedEx Express contracting operators flying the ATR, Mountain Air Cargo and Empire Airlines, will place their pilots and maintenance technicians in the FlightSafety International program.
The FedEx Express feeder network supports, supplements and enhances the FedEx Express trunk aircraft system by providing service to FedEx customers in geographic areas where surface transportation is not expedient enough to provide the service level desired.
www.flightsafety.com /news/343.htm   (240 words)

  
 Article
FedEx Express was today awarded 12 additional weekly flights to China by the U.S. Department of Transportation, bringing its total to 23.
FedEx Express will use six of its awarded frequencies to provide a new westbound round-the-world service connecting the U.S. to Shanghai with stops in Europe and other points in Asia using an MD-11 freighter.
FedEx entered China in 1984 and, since that time, has expanded its guaranteed service to cover more than 220 cities across the country with plans to add 100 additional cities over the next few years.
www.nasstrac.org /Newsroom/NewsItem.asp?n_Pkey=89   (547 words)

  
 WJLA - FedEx Asks Mediators Into Contract Talks   (Site not responding. Last check: )
FedEx Express, operator of the world's largest cargo airline, asked for federal help Thursday to end a stalemate in contract talks with its pilots.The fliers' union said it was disappointed by the company's call to the National Mediation Board and "the failure of FedEx labor relations to reach an agreement with the pilots."
FedEx and its 4,300 pilots represented by the Air Line Pilots Association have been in contract talks since March 2004.
The pilots are the airline's only U.S. employees represented by a union and their contract was the company's first work agreement negotiated with organized labor.
www.wjla.com /headlines/1005/266548.html   (558 words)

  
 3rd-quarter profits add bounce to FedEx stock | The San Diego Union-Tribune
While third-quarter costs for the job cuts program that ended late last year were $14 million, FedEx Express saved about $65 million, mostly from cuts in salaries and employee benefits.
FedEx said its recent $2.4 billion purchase of Kinko's, a copy-shop chain, affected the quarterly report for only 18 days, adding $100 million in revenues.
FedEx said it expected per share earnings of $1.15 to $1.25 in the fourth quarter, excluding continuing costs from the early retirement and severance program.
www.signonsandiego.com /uniontrib/20040318/news_1b18fedex.html   (454 words)

  
 Thirteen Airlines to Form Aeroxchange, A B2B Exchange for the Airline Industry
With founding member airlines in Asia-Pacific, North America and Europe representing passenger and cargo operations, the new exchange is global in scope.
In addition to the founding members, other airlines, and industry related companies are expected to be invited to use the services of the exchange.
Northwest and partner KLM Royal Dutch Airlines received Air Transport World's prestigious "1997 Airline of the Year" award and, based on statistics compiled by the U.S. Department of Transportation, Northwest was the most on-time U.S. airline among the seven largest network carriers for the period 1990-1999.
www.prnewswire.com /cgi-bin/stories.pl?ACCT=104&STORY=/www/story/07-24-2000/0001272666&EDATE=   (839 words)

  
 USATODAY.com - FedEx profits down 36%   (Site not responding. Last check: )
Along with the rest of the nation's airlines, FedEx planes were grounded for two days after the attacks Tuesday and international deliveries were restricted until Saturday.
FedEx Chief Executive Fred Smith, who is in Washington meeting with congressional leaders considering an aid package for airlines, said during a conference call that the cargo industry could get 10% of the $5 billion in cash that is being sought ''for direct costs of the shutdown.''
Smith said he doubted FedEx would get any of the $12.5 million in credit in loans that airlines are asking for in legislation scheduled for a House vote Thursday.
www.usatoday.com /money/earns/2001-09-20-fedex.htm   (472 words)

  
 UAE: Emirates renews contract with FedEx - Zawya.com | Middle East Business News
DUBAI - Emirates Airline, the fastest growing intercontinental airline, has renewed its contract with FedEx Express to provide the airline with supply-chain solutions for an additional three years.
According to the agreement, FedEx will focus on providing Emirates with enhanced solutions for their spare parts and flight operations supply chain.
FedEx is also aiming to fully automate Emirates' shipping needs by integrating its order processing for aircraft spares.
www.zawya.com /story.cfm/sidZAWYA20040927050622   (254 words)

  
 FedEx aims to reduce work force with early retirements (printable version)
With 116,000 workers nationwide, FedEx Express has the world’s biggest cargo airline and is the largest operating unit of FedEx Corp., which also owns FedEx Ground and FedEx Freight.
Domestically, the company ships about 2.8 million express packages daily, which is down by 200,000 packages a day from three years ago.
While FedEx Express has cut back hiring over the past two years, the incentive programs are the company’s largest attempts to date for reducing its staff, said company spokesman Jess Bunn.
www.rgj.com /news/printstory.php?id=43687   (236 words)

  
 Law.com: FedEx Ground Faces Labor Challenge From Contract Drivers
FedEx Ground, headquartered in Pittsburgh, was created seven years ago amid a reorganization of the parent company, which also owns FedEx Express, the world's largest cargo airline.
FedEx Express is still the heart of FedEx Corp., and the airline has a fleet of 40,000 trucks, with purple and orange logos, driven by company employees.
FedEx Corp. has often been praised as a good company to work for, but it has had labor troubles before.
www.law.com /jsp/law/LawArticleFriendly.jsp?id=1122023115449   (994 words)

  
 ABC News: FedEx Express to Expand India Operations   (Site not responding. Last check: )
FedEx Express to Expand Operations in India by Increasing Its Number of Flights, Destinations
FedEx will also add 184 full time employees, taking the total head count in India to 425, he said.
FedEx Express is the largest division of the Memphis, Tennessee-based FedEx Corp., which has made a strong push to expand its business in China and India.
abcnews.go.com /Business/wireStory?id=1232981   (249 words)

  
 Boston.com / Business / FedEx raises 4Q earnings estimate
FedEx, which also owns trucking lines and recently purchased the copy chain Kinko's, estimated fiscal 2004 earnings of $3.40 to $3.50, excluding a one-time tax benefit in the first quarter and job reduction costs.
Analysts surveyed by Thomson First Call had predicted FedEx earnings of $1.21 a share for the fourth quarter and $3.40 a share for all of fiscal 2004.
FedEx shares fell $1.24, or 1.7 percent, to close at $73.82 on the New York Stock Exchange.
www.boston.com /business/articles/2004/04/08/fedex_raises_4q_earnings_estimate   (273 words)

  
 SignOnSanDiego.com > News > Business -- FedEx reports 41 percent earnings gain
MEMPHIS, Tenn. – FedEx Corp. reported a 41 percent increase in third-quarter profits, due mostly to growth in international priority shipments and savings from job cuts.
Those results included costs from an early retirement and severance program that cut the payroll of FedEx Express, the company's cargo airline, by 3,600 employees.
FedEx shares climbed $3.16, or 4.6 percent, to close at $71.59 on the New York Stock Exchange.
www.signonsandiego.com /news/business/20040317-1345-earns-fedex.html   (470 words)

  
 Emirates renews three-year contract with FedEx | FedEx Express
Emirates Airline, the world's fastest growing intercontinental airline, has renewed its contract with FedEx Express to provide the airline with supply-chain solutions for an additional three years.
FedEx Express strengthens regional sales team with new appointment
FedEx and Dubai Police unite to improve driver safety
www.ameinfo.com /45933.html   (886 words)

  
 ATW: Strong FedEx Express performance fuels FedEx profits
FedEx Corp. reported a net income of $471 million for the fiscal second quarter ended Nov. 30, a 33% rise from the $354 million earned in the year-ago quarter that Chairman, President and CEO Frederick Smith attributed to "customer demand.
The FedEx Express segment posted the largest improvement over the year-ago quarter as operating income jumped 43% to $476 million from $333 million.
FedEx Express grew with the company, posting an 18% rise in operating income to $761 million on an 11% increase in revenue to $10.49 billion and 10% growth in expenses to $9.73 billion.
atw.atwonline.com /news/story.html?storyID=3529   (350 words)

  
 FedEx
FedEx (formerly Federal Express) is a company that offers overnight courier and logistics services.
FedEx is now organized into a number of operating units, each of which has its own version of the logo.
The logo color is blue, the same as that of FedEx Custom Critical, but it also includes the name Kinko's in purple after FedEx.
www.econtentos.com /fedex.htm   (1000 words)

  
 ATW: FedEx profits soar to $1.8 billion for FY06
Driven by growing revenues on transpacific services, FedEx posted fiscal fourth-quarter net income of $568 million, a 26.8% increase over earnings of $448 million in the year-ago quarter.The FedEx Express airline segment produced operating income of $560 million for the period ended May 31, a 29.9% improvement over $431 million last year.
FedEx Express posted full-year operating income of $1.76 billion, up 25% over operating income of $1.41 billion for FY05.
"FedEx posted record financial results in the fourth quarter and full year as we ended fiscal 2006 in an environment of solid economic growth in the US and in international markets," Chairman, President and CEO Frederick Smith said.
www.atwonline.com /news/story.html?storyID=5477   (361 words)

  
 FedEx Express
FedEx Express, the world's largest express transportation company, today reached an historic landmark in Dubai when its 3,000th flight left for Paris from its award-winning regional hub.
FedEx Express, the world's largest express transportation company, and the Dubai Police joined forces this week to promote safe driving throughout the FedEx fleet of drivers with an inter-Gulf safe driving competition.
FedEx Express, the world's largest express transportation company, has won the annual Dubai Cargo Village Environmental Awareness Award for the third consecutive year.
www.ameinfo.com /news/Company_News/F/FedEx_Express/more2.html   (365 words)

  
 FedEx Express Requests National Mediation Board Assistance
FedEx sought to resolve the contract negotiations without the assistance of the government agency.
FedEx pilots already have one of the best overall contracts in the airline industry.
Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 250,000 employees and contractors to remain "absolutely, positively" focused on safety, the highest ethical and professional standards and the needs of their customers and communities.
www.bubbajunk.com /Trucking-Jobs/392.html   (437 words)

  
 TimesDispatch.com | FedEx Ground truck drivers sue   (Site not responding. Last check: )
But the shipping giant's trucking division, FedEx Ground, is embroiled in a growing labor fight that could raise operating costs by millions of dollars and lead to an overhaul of its work force.
FedEx Ground has 71 drivers in the Richmond area and nearly 500 in Virginia, a spokesman said.
While the struggle with FedEx Ground drivers is not about organized labor, "it's really a union demand without a union," professor Ciscel said.
www.timesdispatch.com /servlet/Satellite?pagename=RTD/MGArticle/RTD_BasicArticle&c=MGArticle&cid=1031784013841&path=!business&s=1045855934855   (838 words)

  
 FedEx Ground faces labor challenge from contract drivers   (Site not responding. Last check: )
But the shipping giant's trucking division, Moon-based FedEx Ground, is now embroiled in a growing labor fight that could raise operating costs by millions and lead to an overhaul of its work force.
But drivers in Pennsylvania, Tennessee, California, Massachusetts, Minnesota, South Dakota and elsewhere are suing FedEx, arguing the company skirts worker protection laws by refusing to hire them as employees eligible for overtime pay, health insurance, workers' compensation and other benefits.
FedEx Ground, formerly RPS Inc., was renamed seven years ago amid a reorganization of the parent company, which also owns FedEx Express, the world's largest cargo airline.
www.post-gazette.com /pg/05204/542459.stm   (1076 words)

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