DATE TITLE
April 12 UPS, FedEx Residential Business ContrastedUPS’ hometown paper in Atlanta, GA reports on the business prospects for residential delivery services at both UPS and FedEx.  The article covers the express package service and parcel delivery service.  It also contrasts the UPS employee costs and FedEx “independent contractor” costs.
-- Atlanta Journal Constitution
April 04 FedEx Express Construction Advances in GreensboroThe Greensboro paper reports on the progress at FedEx Express new hub at the Piedmont Triad International Airport.
-- Greensboro News Record
March 21 FedEx Corporation Posts Lower ProfitThe FedEx Corporation third quarter announcement showed how the company’s results are reflecting a slowing economy.  Wall Street analysts had forecast a bigger impact on FedEx’s bottom line than what the company announced however.  The company’s near-term prospects and words of caution may signal the declining health of the economy overall.
-- Reuters
February 20 FedEx Ground Opens New Barn in Pompano BeachFedEx Ground opened a new terminal in the Miami area in Pompano Beach, FL.  The article focuses on FedEx Ground’s build-out strategy that includes this new station.
-- Memphis Business Journal
February 16 FedEx Express Manager Elected to Hispanic Chamber of Commerce FoundationJuan N. Cento, President of the FedEx Express Latin America & Caribbean Division, has been elected to the United States Hispanic Chamber of Commerce Foundation.
-- Hispanic Business
December 21 FedEx Delivers a Cautionary MessageBusinessWeek summarizes the FedEx Corp quarterly report.
-- BusinessWeek
December 20 FedEx Corp Profit and Outlook DisappointReuters reports on the initial reaction to the FedEx quarterly financial announcement.
-- Reuters
November 22 Mississippi Gov Opens New FedEx Ground FacilityMississippi Governor Haley Barbour appeared at the opening of the Olive Branch, MS FedEx Ground sort hub on Nov. 21.  No questions were reported being asked of Gov. Barbour regarding the failure of FedEx Ground to contribute to state unemployment or workers compensation funds.  Not altogether surprising since FedEx Corp. director Jim Barksdale was Barbour’s hand-picked chairman for the privately funded “Mississippi Recovery, Rebuilding and Renewal Commission” following Hurricane Katrina.
-- Memphis Commercial Appeal
November 20 Drivers at Two FedEx Home Delivery Terminals Vote TeamstersThe wire story covers the basics of the union drive in the two Wilmington, MA FedEx Home Delivery Stations.
-- Reuters
November 20 Teamsters Make Inroads at FedEx GroundThe hometown Boston paper reports on the full story behind the Wilmington, MA FedEx Home Delivery vote.  The article notes that FedEx is making blanket accusations but cites no specifics.  Such accusations are another tactic in the deny and delay strategy by FedEx Ground management.
-- Boston Globe
November 15 NJ FedEx Ground Driver Dies in AccidentA New Jersey FedEx Ground driver was killed in an accident on a delivery in southern New York on November 13.  The driver apparently was killed by his own vehicle.  News reports say he was driving for a contractor to FedEx Ground but did not indicate out of which terminal.
-- The Journal News
October 31 Massachusetts FedEx Ground Drivers’ Struggle HighlightedA Worcester (MA) paper reports on the recent developments in the FedEx Ground drivers’ struggles in Massachusetts and the implications for all FedEx drivers.  A FedEx Ground spokesman confirms that the Massachusetts Attorney General is investigating the company and its business model in the state.
-- Worcester Business Journal
October 26 FedEx Gets $100 million Federal Government ContractThe procurement office of the federal government awarded FedEx a “$100 million blanket purchase agreement for express and ground delivery services” on October 25.  FedEx has agreed to not charge the federal government fuel surcharges on domestic delivery as part of this agreement.
-- Federal Times
October 24 FedEx Ground to Relocate in NW ArkansasFedEx Ground will construct a new distribution center in northwest Arkansas, a fast growing region where Wal-mart, Tyson Foods, JB Hunt and others have their headquarters.  Construction is expected to begin in December and the center is to open in 2007.
-- Morning News of Northwest Arkansas
October 20 Opponents to Greensboro Airport FedEx Express Hub Settle LawsuitThe local coalition that fought the FedEx Express hub expansion at the Greensboro, NC airport have settled their lawsuit with the Airport Authority.  The hub expansion is going forward and all sides - if not happy with the outcome - are saying the issue is now ‘behind them.’
-- Greensboro News-Record
October 18 FedEx Express Pilots Ratify ContractThe pilots at FedEx Express overwhelmingly approved the contract negotiated by the Airline Pilots Association and the company.  More than 95% of the pilots voted in support of accepting the contract terms.  The contract includes a 9% raise in its first year and 3% raises in the following 3 years, plus an immediate bonus payment based on seniority.  FedEx previously announced it expected to pay out at least $145 million in immediate bonus payments to its pilots under this contract.
-- Assoicated Press via Marketwatch
October 05 Wilmington, Ma FedEx Home Delivery Drivers to Vote Oct. 20The upcoming vote by Wilmington, MA Home Delivery drivers is analyzed by the hometown paper.  Teamsters Local Union 25 and the group of Wilmington drivers are moving forward together despite the company’s effort to still claim the drivers are ‘entrepeneurs’ and ‘independent businessmen.’
-- Tewksbury Advocate
September 28 Federal Judge Rules EEOC Can Get FedEx Express DocsThe Equal Employment Opportunity Commission is suing FedEx Express to get documents on the “Basic Skills Test” for Express employees.  The federal judge has ruled that FedEx must deliver the documents as the EEOC is conducting its congressional mandate to investigate employment discrimination claims.  This EEOC lawsuit is closely tied to civil litigation accusing FedEx Express Western Division of discrimination.
-- Arizona Business Gazette
September 14 Scrutiny of FedEx Board ContinuesAs the FedEx Corporation annual shareholder meeting approaches, more independent research firms are issuing reports on FedEx corporate governance.  Two firms - Institutional Shareholder Services and The Corporate Library - are cited as issuing statements on FedEx Corporation.  ISS advises support for the full slate of nominees for the FedEx board while The Corporate Library gives the FedEx board a ‘D’.
-- Memphis Commercial Appeal
September 12 Shareholders Urged To Withhold Votes on FedEx Board MembersA corporate governance adviser, Proxy Governance, is recommending to shareholders of the FedEx Corporation to withhold votes on 5 board of director nominees.  Proxy Governance cites excessive pay for CEO Fred Smith and lack of oversight by the FedEx Corporation Compensation Committee members.  The firm recommends withholding votes - essentially votes of no confidence - for Compensation Committee members James Barksdale, August Busch IV, Philip Greer, Charles Manatt and Paul Walsh.
-- Associate Press via Businessweek
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