fedex corp (FDX) Key Developments
Fedex Corporation Appoints Marvin Ellison as Board of Director and as Member of its Compensation Committee
Mar 10 14
The Board of Directors of FedEx Corporation elected Marvin R. Ellison as a director. The Board also appointed Mr. Ellison as a member of its Compensation Committee. Mr. Ellison has been Executive Vice President - U.S. Stores of The Home Depot Inc. since August 2008.
FedEx Corp. Board Declares Quarterly Dividend Payable April 1, 2014
Feb 14 14
The board of directors of FedEx Corporation declared a quarterly cash dividend of $0.15 per share on FedEx Corporation common stock. The dividend is payable April 1, 2014 to stockholders of record at the close of business on March 11, 2014.
FedEx Corp. Expands SenseAware Availability in Europe
Feb 11 14
FedEx Corp. announced an international expansion for its SenseAware(R) service, which enables near real-time visibility into sensitive and high-value shipments. Customers will now be able to monitor shipments throughout an additional 14 European countries and Canada, and on board flights from three additional commercial air carriers: Air France, Cathay Pacific and Qantas Airways. The expansion broadens the international availability of the SenseAware service, and breaks down barriers for customers monitoring highly critical global supply chains. SenseAware customers in Belgium, Czech Republic, Denmark, Finland, France, Germany, Ireland, Italy, Netherlands, Norway, Poland, Spain, Sweden and Switzerland can now monitor the location of their shipments in near real-time, and keep a watch on environmental factors with the SenseAware service. Customers in Canada, many of whom are already using the SenseAware service, will now benefit from expanded capabilities and availability in that country. With the expansion of the SenseAware service in Europe and Canada, customers in those countries will also have access to the FedEx ShipmentWatch service. FedEx ShipmentWatch, a service of FedEx Custom Critical, leverages SenseAware for a range of sensitive shipments, including one-time and non-FedEx shipments. The expansion of both the SenseAware and FedEx ShipmentWatch services offers increased visibility for a range of industries shipping high-value, sensitive packages throughout the world, including healthcare, aerospace, oil and gas, manufacturing and high-end merchandise such as fashion, art and antiques.
FedEx Builds Cold-Chain Logistics Storage in Shanghai
Jan 17 14
FedEx had built a cold storage for cold-chain logistics in the Shanghai Pudong International Airport. This indicates that FedEx again strengthens medical logistics in Asia Pacific after announcing brand-new refrigerted transport and packaging services in August 2013.
Fedex Signs Big Warehouse Rental Deal in Bohemia
Jan 16 14
A $13-million warehouse deal is paving the way for a new FedEx Corp. distribution center in Bohemia. The Memphis-based delivery company has inked a 10-year lease for the space at 100 Orville Dr. - as it undergoes reconstruction - with Charlotte, N.C.-based developer SunCap Property Group, which recently purchased the property. The move to Bohemia is an expansion for FedEx. The new facility, which will have 158,000 square feet of space after renovations, will more than triple the size of the operation it is replacing - a 42,000-square-foot space in Commack, FedEx spokesman David Westrick said in an email. Construction is expected to be completed in September, and Commack employees will move to the Bohemia warehouse. FedEx Corp. will triple its distribution center space in a move from Commack - and may add new jobs.