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Tag Archives: FEDEX

FedEx to build distribution center at Tradepoint Atlantic site (access required)

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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