Category: FeDex Corp.

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…


GM’s Electric Commercial Vehicle Unit Signs Deals With Walmart, FedEx

General Motors announced at the Consumer Electronics Show (CES) in Las Vegas on Jan. 5 that its electric commercial vehicle business, BrightDrop, has signed a new deal to supply thousands of battery powered trucks to Walmart and will supply additional units to FedEx. The financial terms of the two deals have not yet been disclosed…


FedEx to Test Package Deliveries With Self-Driving Startup Nuro

FedEx and robotics company Nuro on Tuesday announced a multi-year agreement to test self-driving vehicles in the package delivery company’s network, starting with a pilot program in Houston. The partnership comes as parcel companies race to reduce the cost of last-mile delivery, which surged during the pandemic. The companies will target delivery scenarios where Nuro’s…


FedEx Express Unveils Plan to Lay Off up to 6,300 Employees in Europe

FedEx Corp’s express unit on Tuesday announced a plan to lay off between 5,500 and 6,300 employees in Europe, as it nears the completion of the network integration of its TNT Express unit. Shares of the package delivery firm were up about 1 percent at $254.76 in morning trade. FedEx acquired European operator TNT Express,…