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Fedex streamlines e-commerce imports

FedEx Express has selected audit and tax advisor KPMG to offer a new Import One Stop Shop (IOSS) service to help e-commerce sellers from outside the European Union. From 1 July 1the EU will introduce a new IOSS regime for the declaration and payment of VAT on ecommerce sales of goods valued at up to €150 imported from non-EU countries or territories and the VAT exemption for imported goods into ... [+]

Mass shooting at FedEx US site kills eight

Eight people have been killed and others injured in a mass shooting at a FedEx facility in Indianapolis at around 23.00 local time.The lone gunman is reported to have killed himself. Authorities said there was no further threat to public safety. In a statement, the express carrier said: “We are ... [+]

FedEx Ground chief to retire

FedEx Ground president and chief executive, Henry Maier is to retire on 31 July. He will be succeeded by FedEx Freight president and chief executive, whose place will be taken by current senior vice president of operations, Lance Moll. [+]

FedEx and American Airlines ready to move the vaccine

FedEx Express is preparing to transport the first shipments of Covid-19 vaccines across the US. Following the Food and Drug Administration’s authorisation for the Pfizer-BioNTech vaccine, it will begin the task of moving it to dosing centres . The task will be balanced among major cargo carriers, and FedEx is ... [+]

FedEx to buy ShopRunner platform

FedEx has agreed to acquire the ShopRunner e-commerce platform. The deal is expected to close by the end of the calendar year, subject to customary conditions, including regulatory approval. ShopRunner members enjoy benefits including free two-day shipping, free returns and discounts. [+]

Free trade zone for El Paso

FedEx Logistics has opened a Foreign Trade Zone (FTZ) in El Paso, Texas, similar to existing locations in Los Angeles, New York, Dallas and Chicago. These facilities enable importers and exporters shipping goods into the US  to benefit from duty and tax incentives. El Paso is a key gateway in ... [+]

Lenz takes over from Graf at FedEx

FedEx executive vice president and chief financial officer lan Graf will retire on 31 December with corporate vice president and treasurer Mike Lenz named as his successor. Graf will serve as CFO until 22 September and remain at the company as executive vice president and senior advisor until the end ... [+]

FedEx ships masks to Wuhan

FedEx Express has shipped over 200,000 surgical masks and personal protective equipment such as gowns and gloves to its Asia Pacific Hub in Guangzhou, China to assist Direct Relief’s efforts to combat the coronavirus outbreak. The carrier said it was working closely with China Post and Guangzhou Baiyun Airport Customs ... [+]

FedEx offers more economy options

FedEx Express has expanded its Asia Pacific to Europe International Economy service to include Malta, Bulgaria and Cyprus and International Economy Freight option to Romania and Estonia. FedEx International Economy service is described as an affordable, cross-border, customs-cleared, door-to-door service. [+]

FedEx boosts Moldova child safety

FedEx Express is encouraging its employees to donate unneeded child car seats to help reduce road casualties in Moldova under its ‘FedEx Cares’ programme. The number of children seriously traumatized by car crashes in the eastern European country rose by 158% in 2018, with a key cause said to be ... [+]

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