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Items Tagged With FedEx

FedEx to Acquire Watkins Motor Lines
Written By: Administrator
Section: The News
Category: Logistics
2006-05-31 13:34:46

FedEx to Acquire Watkins Motor Lines, a Leader in Long-haul Freight Transportation.
Acquisition to allow FedEx to provide more choices for heavyweight deliveries; Addition of long-haul LTL capability expands freight portfolio to meet customer demand.
FedEx Corporation announced an agreement to acquire the less-than-truckload (LTL) operations of Watkins Motor Lines and certain affiliates for $780 million, payable in cash. Heavyweight freight customers will benefit from the additional choice that this new, reliable and cost-effective solution will add to the FedEx Freight portfolio of services.

FedEx chooses Geodis to perform pick up an delivery operations in France
Written By: Administrator
Section: The News
Category: Logistics
2006-06-29 16:27:47

As of January 1st, 2007, FedEx and Geodis will enter an operational agreement until 2010
FedEx Express, a subsidiary of FedEx Corp. (NYSE:FDX) and the world’s largest express transportation company, and Geodis, one of the leading companies of logistics services in Europe, signed an operational agreement for a 3 year period.

FedEx Completes Acquisition of Watkins Motor Lines
Written By: Administrator
Section: The News
Category: Logistics
2006-09-06 14:46:35

Addition of Long-Haul Less-Than-Truckload (LTL) Units Expands Heavyweight Service Portfolio for Customers
FedEx completes acquisition of the LTL operations of Watkins Motor Lines and certain affiliates creating FedEx National LTL and FedEx Freight Canada.
FedEx Corp. announced it has completed the $780 million cash purchase of the LTL operations of Watkins Motor Lines and certain affiliates. A privately held company based in Lakeland, Fla., Watkins Motor Lines is a leading provider of long-haul LTL services with more than $1 billion in annual revenue.
Read More About FedEx Completes Acquisition Of Watkins Motor Lines...

FedEx Corp. Board Declares Quarterly Dividend
Written By: Administrator
Section: The News
Category: Logistics
2006-08-22 12:58:05

The Board of Directors of FedEx Corporation (NYSE: FDX) declared a quarterly cash dividend of $0.09 per share on FedEx Corporation common stock. The dividend is payable October 2, 2006 to stockholders of record at the close of business on September 11, 2006.
Read More About FedEx Corp. Board Declares Quarterly Dividend...

FedEx Corp. Net Income Increases 27% in Fourth Quarter
Written By: Administrator
Section: The News
Category: Logistics
2006-06-26 12:33:50

Operating Margin Continues to Rise
FedEx Corporation reported earnings of $1.82 per diluted share for the fourth quarter ended May 31, compared to $1.46 per diluted share a year ago, a year over year increase of 25%.
Read More About FedEx Corp. Net Income Increases 27% In Fourth Quarter...

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