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FedEx to invest $350 million for new hub in Dubai
21 Feb 2024 5:39 AM GMTThe 57,000 sq. m. facility incorporates advanced technologies including automated sort systems
FedEx Q2 revenue down 3%, outlook muted
20 Dec 2023 6:30 AM GMTFedEx Express revenue declined 5% to $10.3 billion and operating income was down 60% to $137 million
FedEx Express commits $10 million to IIT Bombay and IIT Madras
12 Dec 2023 6:49 AM GMTInitiative will contribute to establishment of globally recognised Centre of Excellence within IIT campuses
FedEx invests $100mn in Hyderabad's tech hub
5 Dec 2023 1:26 PM GMTWill contribute to development of new capabilities & meeting technological requirements of FedEx operations worldwide
FedEx delivers $80bn direct impact to global economy in FY23
20 Nov 2023 11:13 AM GMTFedEx Express indirectly contributed $1 billion to Asia Pacific, Middle East and Africa’s critical manufacturing sector
FedEx improves transit to India with new Vietnam service
2 Nov 2023 9:01 AM GMTWith a total of nine weekly flights now departing from Ho Chi Minh City, shipments will now reach India within two business days.
FedEx enhances shipping experience for e-tailers in India
10 Oct 2023 9:10 AM GMTFedEx Ship Manager now includes time saving features and enhanced integration with e-commerce platforms and marketplaces.
FedEx enhances international priority service in India
26 July 2023 2:30 AM GMTEnhanced transit times to meet diversified market demands and support businesses tapping global markets.
FedEx launches FedEx Innovation Lab to fuel digital capabilities for what’s next
25 May 2023 7:14 AM GMTInvestment and commercial partnership program designed to foster promising start-ups in India and build smart logistics for all
FedEx to merge FedEx Express, FedEx Ground, FedEx Services
5 April 2023 3:20 PM GMTOther companies to be merged into Federal Express Corporation by June 2024; FedEx Freight to be stand-alone company
What do Indian logistics leaders expect from Union Budget 2023-24?
28 Jan 2023 4:30 AM GMTInfrastructure has been the common word among all stakeholders in the value chain while expressing their expectations for the upcoming union budget...
FedEx deploys 30 EVs to advance sustainability goal
10 Jan 2023 9:33 AM GMTFedEx intends to convert 50% of its global pickup and delivery vehicle sales to electric by 2025, reaching 100% by 2030.