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Tag Archives: FEDEX

FedEx to build distribution center at Tradepoint Atlantic site

Tradepoint Atlantic CEO Michael Moore extends his hand toward Kevin Koken, vice president of eastern region operations for FedEx Ground after officially signing development deal at Sparrows Point. Directly behind Moore is Baltimore County Executive Kevin Kamenetz, and to his left, Gov. Larry Hogan and U.S. Rep. C.A. Dutch Ruppersberger, whose district includes Sparrows Point. (The Daily Record / Adam Bednar)

After a long tease, Tradepoint Atlantic finally announced Wednesday its first development deal at the firm’s logistics center at Sparrows Point. FedEx Corp.’s ground delivery arm is building a 300,000-square-foot distribution center at the 3,100-acre site in southeastern Baltimore County. ...

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FedEx officers, directors accept buyout plan

NEW YORK — FedEx Corp., the world’s second biggest package delivery company, said Wednesday that it will lose more than 10 percent of its U.S.-based executives under a voluntary buyout plan. The Memphis, Tenn., company says its personnel will leave ...

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Feds file civil suit against FedEx over containers

MEMPHIS, Tenn. — The U.S. attorney’s office in Memphis is suing FedEx over the company’s use of battery-powered, refrigerated cargo containers. A statement from the U.S. attorney’s office for West Tennessee says the government is seeking to recover $1.55 million ...

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Post office near default? Losses mount to $5.1B

WASHINGTON — The U.S. Postal Service said Tuesday it has lost $5.1 billion in the past year, pushing it closer to imminent default on a multibillion-dollar payment and to future bankruptcy as the weak economy and increased Internet use drive ...

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