FedEx to cut up to 2,000 back-office jobs in EuropeFedEx plans to cut 1,700 to 2,000 back-office jobs in Europe over 18 months to save $125-175 million annually starting in fiscal 2027 due t...
12 Jun, 2024, 04.55 PM IST
UPS, FedEx transition to electric vans slowed by battery shortages, low supplyUPS has tested and purchased EVs for decades and is a bellwether for demand. It has more than 150,000 delivery vehicles around the globe an...
26 Apr, 2024, 09.58 AM IST
As demand for fast deliveries surges, companies struggle with the EV transitionGlobal e-commerce is expected to grow at more than twice the rate as offline purchases, and, by decade’s end, 25,000 packages will be shipp...
19 Feb, 2024, 09.37 AM IST
Shipping shifts from jackpot to job cuts after $364 billion boomOver the past 10 days, Maersk, Hapag-Lloyd and closely held CMA CGM SA of France — all top-five players that together control about one-thi...
14 Nov, 2023, 10.34 AM IST
FedEx enhances International Priority Service in India, cuts transit time to key export marketsFedEx has improved the transit time of FedEx International Priority (IP) for exporters in India. With this enhancement, shipments can now b...
24 Jul, 2023, 08.58 PM IST
FedEx and Floship form commercial partnership to deliver what’s next in e-commerceThis partnership will give e-commerce customers of FedEx access to Floship’s global network of warehouses.
14 Jun, 2023, 02.21 PM IST
E-commerce company, GoKwik, wins FedEx Express AMEA Small Business Grant Contest 2022A panel of judges from FedEx and Forbes Asia selected the SBGC winners from among the AMEA region’s most outstanding start-ups and small bu...
28 Nov, 2022, 05.09 PM IST
FedEx outlines cost-cutting plan; to cancel flights, close officesFedEx committed to repurchasing $1.5 billion of its common stock this fiscal year, including $1 billion in the current quarter, even as the...
23 Sep, 2022, 09.03 AM IST
FedEx warns of worsening economy and pulls forecast; shares drop 16%The World Bank earlier on Thursday said the world's three largest economies - the United States, China, and the euro area - have been slowi...
16 Sep, 2022, 07.50 AM IST
FedEx Express named official logistics partner of International Premier Tennis LeagueThe Coca-Cola IPTL presented by Qatar Airways is a professional team tennis competition founded by Mahesh Bhupathi.
28 Nov, 2014, 04.24 PM IST
David Binks appointed regional president of FedEx ExpressFedEx Express, a subsidiary of FedEx Corp, today appointed David Binks as its regional president for Europe, Middle East, Indian Subcontine...
05 Nov, 2013, 07.56 AM IST
Best companies to work for 2012: Workforce planning & talent management are the biggest HR issues, says Namrata Sawant of Fedex ExpressI take pride in HR's contribution in biz partnering to successfully acquire cos.
16 Jul, 2012, 06.17 AM IST
- UPS to buy Dutch rival TNT Express for $6.8 billion
UPS raised its offer for TNT Express NV by 5.6% to $6.8 billion to secure the biggest deal in the U.S. company's 105-year history.
20 Mar, 2012, 02.05 AM IST
- FedEx enhances service
As part of the ongoing focus to strengthen its foothold in India whilst bolstering the trade lane between Asia and Europe , FedEx Express h...
16 Aug, 2010, 05.51 AM IST
- FedEx launches new service from Bengaluru to Europe, US, ME
With its new service, Bengaluru becomes the third Indian gateway for FedEx after Delhi and Mumbai and enhancing its customers' access globa...
12 Aug, 2010, 05.39 PM IST
- FedEx launches domestic express service in India
FedEx India will provide customers with a reliable and convenient shipping solution for their time critical commercial and non-commercial c...
12 Nov, 2009, 06.36 PM IST
- Fedex upgrades India-focus, makes independent region
The $34 billion express giant FedEx Corp has last month upgraded India from a country within a region to a full region in its own right.
23 Jan, 2007, 01.50 PM IST