Tag Archives: FedEx

Apple tops Fortune’s ‘most admired’ companies list

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CORRECTION: This post has been updated to remove an incorrect reference to TeamHealth of Knoxville appearing on Fortune’s 2014 ‘Most Admired’ companies list. The 2014 list did not include companies in TeamHealth’s industry sector

For the seventh consecutive year, Apple is No. 1 overall on Fortune’s list of the Top 50 World’s Most Admired Companies, followed by Internet retailer Amazon.com and Internet search engine Google.
Rounding out the top five are investment guru Warren Buffett’s firm, Berkshire-Hathaway, and coffee giant Starbucks.
Tennessee’s only representative among the Top 50 is FedEx Corp. The Memphis-based package delivery company is No. 8 overall and No. 2 in the delivery industry, behind Germany’s Deutsche Post.
The Top 50 list and industry sector rankings are based on a survey of executives, directors, and analysts who rate companies in their industry on a variety of criteria, including investment value and social responsibility.

Click here for Fortune’s complete list of World’s Most Admired Companies.

FedEx giving away $1 million to holiday shoppers

 

FedEx

FedEx

For the second straight holiday shopping season, FedEx Corp. is giving away $1 million to help
 boost small business.

The package delivery company announced today that it will give away 40,000 American Express gift cards, each worth $25.

Consumers can apply for the free card via the FedEx Facebook page.

 

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Amazon vs. FedEx

The Amazon you love if you’re a consumer or hate if you’re a competing retailer won’t be the Amazon of the future.

According to Forbes contributor Michael Kanellos, Amazon eventually will focus on providing logistics and it’s biggest competitors “will be men in shorts: logistics companies like UPS and FedEx.”

Sound farfetched? Maybe. But Kanellos offers an interesting take on some recent Amazon moves.

“Amazon is at a crossroads. The company garners billions a year in revenue from selling e-books, household items and vacuuming up rising retailers like Zappos. Retailing, though, can be a difficult single-digit margin business,” Kanellos writes.

Here’s his full story: Will Amazon Become the Next FedEX?

 

No horsing around allowed on this flight

FedEx will be handling some very special packages for the U.S. Olympic team this summer — horses.Earns+FedEx(2).jpg

That’s right, the 50 or so horses on the U.S. equestrian team will be FedExed to the London Olympic Games.

The 1,000-pound athletes will fly on a jet outfitted with custom-built stalls and will be served specially prepared in-flight beverages and snacks, including apple juice, carrots and Gatorade.

Check out this NPR Morning Edition report from earlier this week. 

Click here for the NPR audio report.

FedEx looking at European expansion?

Talk is heating up that Memphis-based FedEx Corp. will make a bid for European shipping company TNT Express.

TNT late last week rejected an offer from FedEx competitpor UPS.

Here’s some of the speculation on FedEx:

Bloomberg: FedEx Seen as Possible TNT Suitor

Wall Street Journal: Will There Be A Bidding War for TNT Express?

‘You have exceeded the capacity of the landing gear’

“Pull up! Pull up! You’re not going to make it. ….. Uh, you have exceeded the capacity of the landing gear.”

Earns+FedEx(2).jpgThose words crackled over my headphones some years back after I failed to safely land a cargo jet at the Louisville airport.

Fortunately, I was flying a UPS flight simulator and not a real jet. One of the perks of my job is that sometimes I’ve been allowed try fun stuff in pursuit of a story. I was reminded of my flight simulator mishap today when I read that FedEx planned to invest a bunch of money in its flight-training simulator operations in Memphis.

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FedEx in PR overdrive after viral video

By now you’ve seen the video of the FedEx deliveryman tossing a computer monitor over a fence.

In response the Memphis-based company has unleased its PR machine in an effort to soften the blow

The company has posted an apology  in a prominent spot on its website, Senior VP Matthew Thornton has a written and video apology on his blog, and the company has responded to numerous media requests for interviews.

The company is doing the right thing by responding quickly, but erasing the unfavorable video image from the public’s mind won’t be easy. One version of the YouTube video of the computer toss had been viewed nearly 758,000 times in less than two days. A Yahoo search of “FedEx delivery over fence” yielded 874,000 results.

That’s a lot of bad PR.

 

 

Santa shopping good for railroads

Here’s an interesting take from Bloomberg on how Internet shoppers have given a boost to the
Norfolk_Southern01.JPGrail freight business.

And that includes companies like FedExs and UPS, which are using railroads to ship goods long distances before putting them on trucks.

“Railroad intermodal units, the containers and trailers often used for retail goods that can move by rail, road and sea, rose 4.7 percent in the week ended Dec. 3, the Association of American Railroads said today. That growth rate may increase in coming weeks as shippers such as FedEx Corp. (FDX) and United Parcel Service Inc. (UPS) use railroads for delivery of online purchases,” Bloomberg reported.

Bloomberg: Rail Freight Gains as Record Retail Sales Buoy December Rush

Photo: Containers and trailers are transferred between trucks and trains at Norfork Southern Corp. Intermodal Transportation hub. (Norfolk Southern)

FedEx hosts small biz Tweet Chat series

Shipping giant FedEx Corp. is going small. Starting next week the Memphis-based company will
social04_SY_13488.JPGhold a series of Tweet Chats on small business issues.

On three consecutive Thursdays, the Boost Your Small Business Tweet Chat series will feature small business experts discussing topics such as: how to recession proof your business, making advertising pay off and branding on a shoestring budget.

The first Tweet Chat is Thursday, Oct. 6 at 8 p.m. (Eastern time). Melinda Emerson, author of “Become Your Own Boss in 12 Months; A Month-by-Month Guide to a Business that Works., will provide advice on how to recession proof your small business.

To attend the chat on Twitter follow the #fedexsmallbiz hastag.

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My merit badge is missing

In case you missed it, here’s a link to my column in the business section of Sunday’s Knoxville News Sentinel.

In a nutshell, the column asserts that the economy remains painfully slow, but it is creating jobs and isn’t as bad as some on the far right suggest.

Not all readers shared my point of view, but thanks to all who took the time to post a comment.

Some readers posted a few questions that I will attempt to answer.

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