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FedEx

FedEx Custom Critical CEO to Retire

Current president and chief executive officer of FedEx Custom Critical, Virginia Addicott, has announced her retirement. She was responsible for setting the company’s strategic direction and commitment to delivering value and flawless execution to its customers.

Report: Amazon Purchasing Class 8 Day Cab Tractors

A report in Business Insider seems to confirm speculation that Amazon is currently building up its long- and regional-haul capabilities in preparation for launching a proprietary logistics division in the near future.

FedEx Improves Fuel Efficiency by 2.9%

FedEx Express improved fuel efficiency by 2.9% in fiscal year 2017 and has moved closer to meeting its corporate goal of a 50% increase by 2025 over 2005 levels, the company reported in its annual sustainability report.