fedex
NTD Business (Dec. 20): FedEx Misses Wall Street Earnings Estimates; US Manufacturing Sees Decline
FedEx cut its full-year revenue forecast and reported a quarterly profit that fell far short of analysts’ targets on Tuesday, sending shares tumbling 9.8 percent as its largest Express business saw demand from the U.S. Postal Service drop. FedEx now expects a low-single-digit percentage decline in revenue from last year, compared with its prior forecast […]
FedEx Plane Without Landing Gear Skids Off Runway, but Lands Safely at Tennessee Airport
CHATTANOOGA, Tenn.—A FedEx plane skidded off the runway during a crash landing at a Tennessee airport when its landing gear did not descend, but no one was injured, officials said. Public safety agencies rushed to the Chattanooga Regional Airport late Wednesday after reports that the FedEx Boeing 757 had experienced a landing gear failure shortly […]
Video: FedEx Plane Crash-Lands at Tennessee Airport After Reporting Landing Gear Failure
An aviation tragedy was averted Wednesday night at Tennessee’s Chattanooga Metropolitan Airport, as a Boeing 757 plane operated by FedEx crash-landed after reporting a landing gear failure. Video footage shows the plane crash-landing and skidding off a runway. The aircraft came to a stop between the runway and a nearby road, and the three people […]
Investigation Underway After Near Collision on Runway at Texas Airport
A cargo plane approaching a Texas Airport on Feb. 4 had to reverse course to avoid a collision on the runway. According to the Federal Aviation Administration (FAA), a second plane was cleared for take off on the same runway. The Boeing 767 FedEx cargo airplane was cleared for landing at around 6:40 a.m. local […]
FedEx Driver Charged in 7-Year-Old Athena Strand’s Death Delivered Her Christmas Present Before Abducting Her, Mother Says
The FedEx driver accused of kidnapping and killing 7-year-old Athena Strand delivered her Christmas present—Barbie dolls—before the girl’s disappearance, her mother said Thursday. Maitlyn Gandy called for stricter screening policies for delivery drivers at a news conference. On an easel beside her was the package, a box of “You can be anything” Barbie dolls. It […]
State Attorneys General Say FedEx and UPS Help Feds Track Gun Sales
Montana Attorney General Austin Knudsen, together with 17 other state attorneys general, has demanded that shipping companies UPS and FedEx explain their newly implemented policies to track and record Americans’ firearms purchases, and disclose whether these policies have been coordinated with the Biden administration. In letters sent on Nov. 29 to FedEx CEO Raj Subramaniam […]
Police Arrest FedEx Driver in Killing of 7-Year-Old Girl
A driver working for FedEx was arrested and charged Friday in the kidnapping and killing of a 7-year-old girl who had disappeared from her home’s driveway in Texas earlier this week, police said. Athena Strand’s body was recovered Friday evening, Wise County Sheriff Lane Akin said at a news conference. “It hurts our hearts to […]
NTD Business Full Broadcast (Sept. 16)
FedEx stock suffers its worst day ever after cutting its sales forecast, and the CEO warns of a slowing global economy. Germany takes control of a Russian energy firm’s subsidiaries amid the energy crisis. We ask an analyst why this is a big deal. A U.S. Space Force general says China wants the ability to destroy […]
FedEx Warns of a Global Recession, Cutting Sales Forecast by Half a Billion Dollars
FedEx warned that a global recession could be coming, as demand for packages around the world tumbles. Shares of FedEx plunged 22 percent in early trading after the open Friday after it warned late Thursday that a slowing economy will cause it to fall $500 million short of its revenue target. The weakening global economy, […]
FedEx to Test Drone Deliveries Next Year
Imagine that one day, your packages are delivered by drones. That day might not be too far off. FedEx, the world’s largest express transportation company, is teaming up with California-based Elroy Air, a company building drones that can pick up, transport, and deliver cargo—unmanned.
FedEx Asks FAA Permission to Add Anti-Missile System to Some Cargo Planes
FedEx wants to operate cargo planes outfitted with lasers that throw off incoming heat-seeking missiles, according to a newly published federal documents. In a filing Friday, the Federal Aviation Administration indicated FedEx had asked permission to add the missile-defense system. The agency said that the “FedEx missile-defense system directs infrared laser energy toward an incoming missile, in […]
Police: FedEx Packages Found in Woods at Second Alabama Site
JEMISON, Ala.—Nearly two dozen FedEx packages have been found dumped in woods along a rural road in an Alabama town about 75 miles from a ravine where hundreds of undelivered FedEx parcels previously were discovered, police said Wednesday. Police in the town of Jemison said in a statement on social media that about 20 packages […]
FedEx Driver Dumped Packages at Least 6 Times Into Alabama Ravine, Sheriff Says
Authorities investigating the discovery of hundreds of FedEx packages in an Alabama ravine have questioned the driver they think is responsible—and believe the driver dumped packages there at least six times, a sheriff said Tuesday. The investigation began Nov. 24, when sheriff’s deputies in northern Alabama’s Blount County found 300 to 400 packages in a […]
Hundreds of FedEx Packages Were Found Tossed Into an Alabama Ravine, Sheriff Says
Hundreds of FedEx packages were discovered discarded in a ravine Wednesday in Blount County, Alabama, some 40 miles northeast of Birmingham, according to the local sheriff’s office. Deputies responded Wednesday afternoon to a ravine on private property, where they discovered 300 to 400 FedEx packages of assorted sizes that appeared to have been thrown into […]
Police: Indianapolis FedEx Shooter Not Racially Motivated
INDIANAPOLIS—The former employee who shot and killed eight people at an Indianapolis FedEx warehouse in April acted alone and was not racially or ethnically motivated, authorities said Wednesday. Brandon Scott Hole, 19, used the April 15 attack as an act of “suicidal murder” and believed he would “demonstrate his masculinity and capability” while fulfilling a […]
Gunman Who Killed 8 Workers at Indianapolis FedEx Site Had Been Detained for Mental Illness
The 19-year-old gunman who killed eight workers and himself at an Indianapolis FedEx center was a former employee who was placed under psychiatric detention last year after his mother reported concerns he might commit “suicide by cop,” police and FBI said. Four members of the Sikh religious community – three women and a man – […]