Fedex Corp

The company has committed nearly $5 million to IIT-Madras to establish the ‘FedEx Centre of Excellence (CoE) for Smart and Sustainable Supply Chains’, IIT Madras said in a statement

Raj Subramaniam, the IIT-B alumnus, who is the new CEO of FedEx

Subramaniam, who is from Thiruvananthapuram, is a chemical engineer by training and has been with FedEx since 1991. He succeeds founder-chairman Frederick W Smith

India-China tensions | DHL, FedEx temporarily suspend Chinese import shipments to India

A DHL representative said the recent delay in customs clearance of cargo into India caused the shipment company's DHL Express India unit to temporarily suspend pick ups from mainland China, Hong Kong and Macau.

FedEx says cyber attack to hurt its fiscal 2018 results

The Netherlands-based TNT Express is still experiencing widespread service delays following the attack, FedEx said in a regulatory filing on Monday.

China courier ZTO delivers year's biggest US IPO

The stock market debut, the biggest by a Chinese company since the USD 25 billion IPO of e-commerce giant Alibaba Group Holding Ltd in 2014, gave the Shanghai-based company a market value of more than USD 12 billion.

FedEx posts $70 million loss, gives tepid outlook

The company's fiscal fourth quarter results Tuesday still beat Wall Street expectations, as FedEx and other delivery companies continue to benefit as consumers do more shopping online.

FedEx orders 50 Boeing freighters worth $9.97 billion

Fedex Express, a subsidiary of the world's largest cargo firm FedEx Corp, has ordered 50 additional Boeing Co 767-300 freighters, the company said in a statement.