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FedEx

FedEx posts higher-than expected profit, will cut more capacity

FedEx is considered an economic bellwether because of the massive volume of goods it moves around the world. Photo: AFP

FedEx reported a higher-than-expected quarterly profit on Wednesday as it cut costs and its US truck business continued to pick up steam.

Thursday, 20 June, 2013, 10:26am

Hong Kong blinkers skew Pearl delta outlook, says Michael Enright

Liu Mingkang

Good to see that Michael Enright hasn't lost his competitive edge and remains one of the more interesting thinkers on China. Speaking at the American Chamber of Commerce's annual conference on China, the professor observed that the Pearl River Delta region is under-reported and misreported

11 May 2013 - 4:13am 2 comments

FedEx hub gains on Hong Kong as US strengthens

FedEx hub gains on Hong Kong as US strengthens.

FedEx's home hub in Memphis, Tennessee, is poised to build on shipment growth last year that topped Hong Kong's for the first time since the US facility lost the title of world's busiest cargo airport in 2010.

15 Feb 2013 - 5:20am

FedEx to increase profit by HK$13.1 billion

FedEx chief executive Fred Smith

FedEx has set a goal of boosting profit by US$1.7 billion within three years, primarily through cost reductions, to reposition the company as customers shift to slower, cheaper deliveries from costlier overnight shipments.

Chief executive Fred Smith set that target on Tuesday in a speech to analysts and investors in Memphis, Tennessee, without saying how the goal will be achieved.

11 Oct 2012 - 3:03am

FedEx, UPS win licences for China courier services

FedEx and United Parcel Service has won licences to start domestic courier businesses in some Chinese cities, as they push to expand in the huge market.

FedEx, the world's biggest cargo airline, can begin service in eight cities, while Atlanta-based UPS's licence is for five. It does not include letter delivery.

12 Sep 2012 - 2:01am

FedEx, UPS win courier licences in China

FedEx is the world's biggest cargo airline.Photo: Xinhua

FedEx and United Parcel Service has won licences to start domestic courier businesses in some Chinese cities, as they push to expand in the huge market.

FedEx, the world's biggest cargo airline, can begin service in eight cities, while Atlanta-based UPS's licence is for five. It doesn't include letter delivery.

12 Sep 2012 - 10:28am

noticeboard

8 Eat green now!

Last week's FedEx We Deliver Green! Classroom Organic Market was delayed due to bad weather, but today it's on like Donkey Kong. All proceeds will go to support environmental projects at school or be donated to charity.

When: today, 2pm-5pm

Where: Gold Coast Piazza

18 Bookworms!

8 Jul 2012 - 12:00am

FedEx Express HK seeks good tracking instinct

Benny Yung (right), senior trace representative at FedEx Express Hong Kong, is responsible for handling inquiries on the whereabouts of packages. 'I need to provide accurate information to customers about the status of their shipment, whether it is en route, going through customs, or being delivered.

4 May 2012 - 12:00am

FedEx expands freight centre despite downturn

FedEx Express has expanded its airport facility in Hong Kong by more than a third to improve its parcel-handling efficiency, ignoring the downturn in the air cargo industry.

11 Jan 2012 - 12:00am

Beijing to foster local rivals to FedEx and UPS

The Ministry of Transport will seek to expand the mainland's express courier sector by 150 per cent by 2015, turning the service into a 143 billion yuan (HK$175.2 billion) business.

5 Jan 2012 - 12:00am

Lai See

Government shrugs off damning report on records service arm

18 Nov 2011 - 12:00am

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