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FedEx Corp

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  • CHICAGO, Oct 24- United Parcel Service Inc may charge major customers more for a surge in late, unplanned packages or turn down the business if it threatens disruptions during the peak holiday season, a top executive said on Friday, trying to avoid a repeat of last year's delivery meltdown. UPS and main rival FedEx Corp, both considered U.S. economic bellwethers, are...

  • CHICAGO, Oct 24- Robust U.S. consumer and business demand plus strong growth in Asia drove a higher-than-expected quarterly profit at package delivery company United Parcel Service Inc and its top executive said that after a challenging holiday period last year the firm is ready for the 2014 peak season. UPS, the world's largest shipping company, and its main...

  • CHICAGO, Oct 24- Robust U.S. consumer and business demand plus strong growth in Asia drove a higher-than-expected quarterly profit at package delivery company United Parcel Service Inc.. Atlanta- based UPS also confirmed its full-year profit outlook, predicting earnings per share of between $4.90 to $5.00. UPS posted revenue of $14.29 billion for the quarter,...

  • CHICAGO, Oct 23- Determined not to repeat a holiday season that left millions of packages delivered too late and customers seething, United Parcel Service Inc and FedEx Corp are investing heavily in new infrastructure- but the continued dynamic growth of e-commerce will test those efforts. Even so, the rise in shipping originating with e-tailers including...

  • FedEx, UPS make plans for a better holiday season Wednesday, 22 Oct 2014 | 5:14 PM ET

    DALLAS— Facing an even bigger mountain of packages this holiday season, FedEx and UPS are hiring more workers to avoid the delays that frustrated shoppers and gift-recipients a year ago. On Wednesday, FedEx Corp. said it expects deliveries between Thanksgiving and Christmas Eve to rise 8.8 percent over last year, to 290 million shipments.

  • FedEx predicts increase in holiday deliveries Wednesday, 22 Oct 2014 | 9:26 AM ET

    MEMPHIS, Tenn.— FedEx expects another record for holiday-season deliveries. That's a more subdued forecast than a year ago, when FedEx predicted 13 percent growth for the season. FedEx and rival United Parcel Service Inc. struggled last year with severe winter weather in early December, a shorter holiday season, and a surge in late orders that was partly due to...

  • CHICAGO, Oct 22- Package delivery company FedEx Corp on Wednesday forecast a record holiday season this year, with 22.6 million shipments expected for its anticipated peak day on Dec. 15. With the rise of e-commerce, FedEx's annual peak has nearly doubled since 2007, when it moved 11.5 million packages on Dec. 17. Last year a later-than-usual surge before the...

  • Midday movers: FedEx, KB Home, Waters & more Tuesday, 21 Oct 2014 | 1:09 PM ET

    Some of Tuesday's midday movers:

  • How to boost UK SME exports     Tuesday, 21 Oct 2014 | 2:30 AM ET

    David Binks, EMEA president at FedEx Express, discusses the concerns SMEs have about the "complexity" of conducting international trade.

  • UPS says U.S. rates to rise 4.9 pct as of Dec. 29 Monday, 20 Oct 2014 | 4:52 PM ET

    CHICAGO, Oct 20- Package delivery company United Parcel Service Inc said on Monday that rates for its services within and between the United States, Canada and Puerto Rico will rise by an average of 4.9 percent as of the end of the year. Last month, the company's main rival FedEx Corp announced a similar rate increase of 4.9 percent, which also includes shipments...

  • Merry Christmas! Hiring may hit dot-com boom level Thursday, 16 Oct 2014 | 10:11 AM ET
    A Now Hiring sign to attract seasonal employees

    Christmas season retail hiring is expected to significantly outpace the level seen in 2013.

  • Oil slide wipes out stock market gains Tuesday, 14 Oct 2014 | 4:17 PM ET
    A trader works on the floor of the New York Stock Exchange.

    Stocks failed to hold gains after a strong rally, as oil's late-day plunge overshadowed the bounce in tech, transports and industrials.

  • Oct 8- United Parcel Service Inc has started allowing U.S. customers to collect packages from neighborhood stores or lockers to lower failed deliveries of online purchases and costs associated with them, ahead of the busy holiday shopping season. Morningstar analyst Keith Schoonmaker said access points in the United States were critical for courier...

  • The one cybersecurity threat everyone misses Tuesday, 7 Oct 2014 | 2:04 PM ET

    Companies must be increasingly watchful of security failings at their smaller-sized vendors, a point of particular focus for cyberattacks.

  • After-hours buzz: Cintas, Ford, Synnex & more Monday, 29 Sep 2014 | 5:19 PM ET

    Check out which companies are making headlines after the bell Monday: Cintas, Ford, Synnex & more.

  • BEIJING/ SHANGHAI, Sept 25- China said it would ease restrictions on foreign couriers seeking to deliver packages nationwide, potentially increasing competition in a fast-growing business already marked by bruising price wars.

  • BEIJING/ SHANGHAI, Sept 25- China said it would ease restrictions on foreign couriers seeking to deliver packages nationwide, potentially increasing competition in a fast-growing business already marked by bruising price wars.

  • BEIJING, Sept 24- China said on Wednesday it would ease restrictions on foreign couriers seeking to deliver packages nationwide, potentially increasing competition in a fast-growing business already marked by bruising price wars.

  • UPDATE 1-China to free up domestic courier market Wednesday, 24 Sep 2014 | 8:30 AM ET

    BEIJING, Sept 24- China said on Wednesday it would allow qualified foreign couriers to deliver packages in its domestic market, potentially hotting up competition in a fast-growing business already marked by bruising price wars.

  • Dow rises to record finish as Fed sticks to script Wednesday, 17 Sep 2014 | 4:09 PM ET
    Traders on the floor of the New York Stock Exchange.

    Stocks wavered Wednesday as Wall Street waits to hear from the Federal Reserve.