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FedEx Ground reached an agreement with plaintiffs in an independent contractor lawsuit to settle for $228 million.
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Trucking and package delivery giant FedEx Corp. on Wednesday reported a big jump in profit for its fiscal year second quarter.
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FedEx and the United Parcel Service have added thousands of seasonal employees and rental vehicles ahead of a holiday shopping season that's expected to break records with another increase in online shopping.
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With 56 days left until Christmas UPS is expecting to set another record this holiday season in terms of the number of packages it will deliver.
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The Kansas Supreme Court has ruled that a group of about 500 drivers working for FedEx Ground had been misclassified as independent contractors instead of employees.
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Net income totaled $606 million or $2.10 per share, up 37% from last year’s $1.53 per share. Revenue was $11.7 billion, an increase of 6% from the same time a year earlier.
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Bimbo Bakeries, UPS, FedEx and Skytop received grants to convert their fleet vehicles to operate on alternative fuels such as CNG or propane autogas.
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The U.S. Ninth Circuit Court of Appeals on Wednesday ruled two classes of individuals working for FedEx Ground in California and Oregon were misclassified as independent contractors instead of employees.
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A FedEx contracted based in Tyler, Texas, purchased a compressed natural gas (CNG)-powered Ford F-59 step van with plans to purchase additional units.
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FedEx will deploy its first propane autogas delivery vehicle developed in a partnership with ROUSH CleanTech later this year, the company announced Thursday at the Work Truck Show in Indianapolis.
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