FedEx Corp.’s fiscal second-quarter profit nearly doubled, boosted by higher holiday-season sales, and the company said it will purchase 27 new jets for its FedEx Express service in the next few years. Continue Reading

As Hurricane Irene churns ever closer to shore, carriers along the East Coast and particularly the Northeast, which is expected to bear the brunt of the storm, have their disaster preparedness plans already in motion. Carriers like UPS and FedEx are closely monitoring the storm and ready to take action needed to protect employees, vehicles and freight based on conditions. Ports in the areas that could feel the storm’s effects closed up shop early today ahead of Irene’s arrival, and in New York, the possibility of closing bridges and tunnels–and some even potentially Continue Reading

FedEx continues to expand its eco-friendly fleet, this time with the notable addition of 24 all-electric vehicles, bringing the total number to 43. Already, FedEx Express is operating all-electric vehicles in Los Angeles, London, and Paris. The newest ones will be deployed into New York, Chicago, and Memphis. Along with their introduction, vehicles in use in New York and Chicago will be monitored to gauge their effectiveness. The for-hire Continue Reading

A new study conducted jointly by FedEx and Ketchum finds that a growing number of companies are turning to social media as a means of communicating internally and externally. The results come after an in-depth analysis of more than 60 top businesses who were gauged on their level of participation, whether they took a leading or a following role when it came to utilizing new technology. As social media use grows and develops, companies are dedicating more dollars in their budgets to support their efforts, which the study confirms. One area that continues to need more work is determining a Continue Reading

For Class 8 trucks, hybrid engine technology is years away, but already in other medium- and heavy-duty applications, the innovation is paying off, and not just with fuel savings of 30 percent or more. Shorter downtimes, simple maintenance and mile after environmentally friendly mile for forward thinking fleets are among the bonuses for the Continue Reading