fedex

Duke of Edinburgh gains a strong supporter

We’re not sure about the chap at the bottom of the picture (it could be posed) but the Duke of Edinburgh’s Award does have one important supporter in the shape of FedEx Express, which has just announced a new level of sponsorship. The logistics giant is helping the charity's Diamond Ambition to encourage two million more young people to do their DofE by 2020 and in exchange has been recognised ... [+]

FedEx to take over TNT on 25 May

FedEx has declared its offer for TNT Express unconditional and that settlement will take place on 25 may. FedEx president and chief executive David Bronczek, President and CEO, FedEx Express said the date “will be a profound moment in the history of these two great companies. Together, we will transform ... [+]

FedEx-TNT decision imminent

FedEx and TNT Express said that 88.4% of the total number of shares had been tendered by the deadline on 13 May. FedEx said it would announce no later than 19 May whether it would declare its offer for TNT unconditional. [+]

Cool new hub for FedEx

FedEx has opened a Cold Chain Centre at its Memphis, Tennessee, hub. Designed to protect the integrity of temperature-sensitive healthcare shipments, the 83,000sq ft facility includes areas for -25°C to -10°C (frozen), 2°C to 8°C (cold) and 15°C to 25°C (controlled-room temperature) products and real-time carbon dioxide, humidity and temperature ... [+]

A night to remember

Thanks to FedEx 22 Liverpool children escorted the teams onto the pitch – and watched Liverpool make it to the final of the UEFA Europa League against Villareal on 5 May. The express giant, which is the main sponsor of the Europa League, provided around 50 tickets to children and ... [+]

China OKs FedEx-TNT deal

FedEx and TNT Express have gained unconditional approval from China’s Ministry of Commerce (MOFCOM) for their merger. With one of the last obstacles overcome, the two express companies say that they have fulfilled all the requirements for competition clearance for the deal to go ahead, the authorities in Brazil, Europe ... [+]

UPS tries to derail FedEx-TNT deal again

UPS has made a fresh attempt to halt rival FedEx's takeover of TNT by asking the EU to overturn its veto of its own takeover bit for the Dutch operator three years ago. UPS reportedly has asked the Luxembourg-based General Court to overturn the veto because of mistakes made by ... [+]

Brazil gives green light to FedEx-TNT merger

Brazil's competition watchdog, CADE (Conselho Administrativo de Defesa Econômica) has rejected an appeal against FedEx's acquisition of rival express operator TNT brought by UPS. It was one of the last remaining obstacles to the merger of the express giants, although the two companies still need to obtain regulatory clearance in ... [+]

Clean, green FedEx

FedEx Express says it has surpassed its goal to boost vehicle fuel efficiency by 30% five years early in its its 2016 Global Citizenship Report (GCR) published at the end of March, Its 'Reduce, Replace, Revolutionize' strategy had reduced overall mileage by optimising routes, replaced vehicles with more efficient ... [+]

Newman for TIACA

FedEx Services managing director Frank Newman has been appointed to the International Air Cargo Association (TIACA) Board of Directors. He takes over from Sarah Prosser, managing director – Legal Counsel at FedEx, who is stepping down after six years on the Board.   [+]

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