| DATE |
TITLE |
| March 30 |
Logistics Firms Advance in JapanDistribution facilities have long been considered one of the most antiquated parts of Japan’s business chain. But in recent years, as the process of dispatching manufactured goods and materials has changed, demand for modernized centers has grown so strong that one leader in the rental field intends to triple its space in Japan over the next three years.
-- International Herald Tribune |
| March 27 |
FedEx Expands Market Strategy in ChinaBEIJING, March 27 (Xinhua)-- FedEx Express announced on Monday the introduction of three new flights into China later this month.
-- China View |
| March 17 |
FedEx, Nestle settle lawsuitThe U.S. Department of Labor announced a settlement for hundreds of FedEx job applicants who were denied certain jobs because of racial or sexual discrimination. FedEx Ground in North Salt Lake City will pay 161 minority and 230 female applicants $110,000 in back pay and will hire 76 package handlers for its distribution center from those groups, according to the agreement.
-- Daily Herald |
| March 16 |
APX Logistics to File for BankruptcyMULTICHANNEL MERCHANT has heard from several sources that Santa Fe Springs, CA-based third-party logistics provider APX Logistics will be filing for Chapter 11 bankruptcy protection.
-- Multichannel Merchant |
| March 13 |
Package Deliverer Hit the Ground Running and Hasn't StoppedIt has been 20 years since the delivery company Daniel Sullivan conceived in a Pittsburgh hotel room made its first rounds on March 11, 1985, picking up 1,788 small packages in 36 U.S. cities.
-- Pittsburgh Post-Gazette |
| March 10 |
Fred Smith makes Forbes' billionaire listFedEx Corp.’s chairman, president and CEO Frederick Smith was ranked No. 365 on Forbes’ 2006 list of the world’s richest people, with a net worth of $2.1 billion. Smith’s self-made fortune was made through his Memphis-based shipping giant. His annual pay is $4.62 million.
-- Memphis Business Journal |
| March 09 |
FedEx Flies Politicians Around Country SafelyAlaska Rep. Don Young has enjoyed the use of corporate jets for his political campaigns more often than almost every other member of the U.S. House.
-- Anchorage Daily News |
| March 07 |
Study Shows FedEx Flights Popular with PoliticiansFedEx Corp. and UST Inc. are among the companies whose corporate jets are most likely to be used by federal politicians, according to an analysis released Monday.
-- The Associated Press |
| March 06 |
Jury Awards $108,000 to Deaf FedEx EmployeeA federal jury has awarded $108,000 in punitive and compensatory damages to a deaf worker who accused Federal Express Corporation of failing to provide him with a reasonable accommodation in the form of American Sign Language interpreters.
-- Business & Legal Reports |
| March 02 |
Tax Breaks for Corps like FedEx Challenged at Supreme CourtEconomic development proponents say Tennessee’s business environment could suffer if tax breaks used to attract companies to invest here and other states were deemed unconstitutional by the U.S. Supreme Court.
-- The Associated Press |
| March 01 |
FedEx Ground Site in Barrington, NJ to Open September 2006An underused 89-acre industrial park in central Camden County will get a new chance to operate at its full potential.
-- Courier-Post |
