FedEx Freight to cut 900 jobs
FedEx unit FedEx Freight has announced that they are planning to cut 900 jobs from their operations.
These jobs would be eliminated from 130 of their facilities.
The company said that they had to take this hard decision due to weakening economic conditions.
FedEx Freight added that some of the fired workers would [...]

FedEx orders more planes from Boeing
US based Federal Express has announced that they are now exercising their option to purchase 15 more Boeing 777 freighters.
This order is worth around $3.75 billion at list prices.
The company has however deferred deliveries of some of the planes as the US economy continues to go through a [...]

FedEx Kinko’s to be renamed FedEx Office
FedEx has announced that they are planning to stop using the Kinko’s brand name.
The company is now going to rename this division of the company FedEx Office.
FedEx said that this move would result in an $891 million charge for the quarter that ended Saturday.
The company added that the new [...]