FEATURED ARTICLES
BUSINESS
September 20, 2012 | By Samantha Bomkamp, Associated Press
NEW YORK - FedEx Corp. says the global economy is stalling, and it's going to get worse next year. A decline in global trade is shrinking earnings at the world's second-largest package delivery company. On Tuesday, FedEx said a continued slowdown in the developed world combined with high fuel prices will keep trade volumes at low levels. FedEx sharply cut its earnings forecast for the fiscal year ending in May. It further warned net income in the current quarter will fall below analysts' already reduced expectations.
NEWS
September 4, 2015 | By Maddie Hanna, Inquirer Trenton Bureau
Gov. Christie provided more detail Wednesday on his recent call for use of FedEx-style technology to cut down on the number of people who overstay visas, suggesting people could be tracked by their thumbprints. "I'm not saying, 'Put bar codes on people.' That's ridiculous," Christie said on Fox News' Outnumbered , in one of three media appearances he made Wednesday. "But, you know, we need to use technology to secure our border. " Christie drew attacks from Democrats and immigrant groups after suggesting in New Hampshire on Saturday that FedEx's package-tracking system could be a model for tracking people who overstay visas, an analogy he repeated in an interview on Fox News Sunday . Asked on the Fox program Wednesday how his approach would work - "Are people supposed to swipe their thumbprint every time they use an ATM?"
BUSINESS
September 19, 2012 | By Joshua Freed, Associated Press
Glum economic news from FedEx Corp. left stocks mixed on Tuesday. The Dow Jones industrial average posted a slight gain, but other indexes fell. Declining stocks outnumbered those that advanced. And seven of the 10 industries tracked by the Standard & Poor's 500 index declined. European stocks fell. So did oil prices. It started with FedEx when the package delivery company said it saw a stalling worldwide economy and reduced its fiscal-year profit forecast. FedEx shares fell $2.73, or 3 percent, to $86.55.
BUSINESS
December 22, 2014 | By Jeff Gelles, Inquirer Columnist
Who's responsible when a delivery goes awry? That's been an issue for some luckless consumers at least since the days when Sears, Roebuck & Co. pioneered mail order a century ago, and likely for clients of the Pony Express before that. Recently, it has gained urgency from the growth of delivery-dependent Internet commerce. One day, it may even be an issue when Amazon's drones target the wrong front stoop for a package drop. The key thing to remember is that delivery systems endure because, almost always, they work as promised.
SPORTS
May 23, 2001 | Daily News Wire Services
FedEx Corp. reduced its multimillion-dollar role in efforts to attract the NBA to Memphis, Tenn., when the league rejected "Express" as a team name. FedEx withdrew its offer to buy team naming rights "unless the NBA would like to reopen the discussion," company spokeswoman Shirley Clark said yesterday. The Memphis-based company discussed the possibility of Memphis Express as a team name in its approximately $100 million offer. FedEx still intends to seek naming rights to a new arena if the league grants permission for the Vancouver Grizzlies to relocate to Memphis.
BUSINESS
September 6, 2012 | By Pallavi Gogoi, Associated Press
NEW YORK - U.S. stock prices closed mixed on Wednesday, held in check by a warning from the huge package delivery company FedEx that its profits would be hurt because of a slowdown in the global economy. FedEx cited weakness in its express package delivery business. That's a sign that FedEx's customers around the world are choosing slower, cheaper delivery options to save money. FedEx's stock fell $1.74 to $85.80. "It's one more piece of news that suggests that the global economy is slowing and therefore makes central bank action more likely," said Brian Gendreau, market strategist at the investment advisory firm Cetera Financial.
BUSINESS
April 21, 2010 | By Jeff Gelles INQUIRER STAFF WRITER
The slow return of air traffic over Europe isn't just helping stranded transatlantic passengers. It's also easing another, less-obvious disruption: the movement of air cargo into and out of a continent shadowed for nearly a week by a cloud of ash from the eruption of Iceland's Eyjafjallaj?kull volcano. "When you plan for contingencies, volcanic eruptions aren't high on the list," UPS spokesman Mark Dickens said Tuesday. "We're doing the best we can. " UPS and Federal Express said Tuesday that they had finally begun getting some flights through their major European hubs - UPS's in Cologne, Germany, and FedEx's in Paris.
BUSINESS
January 9, 2002 | By Henry J. Holcomb INQUIRER STAFF WRITER
City officials today will formally celebrate a $1.5 million development project that replaced a polluted tract, with rats said to be the size of dogs, in Philadelphia's Grays Ferry neighborhood with a FedEx distribution center. "We've taken land that was a contaminated eyesore, and brought in a Fortune 500 company that will employ 150 people from the neighborhood," said City Commerce Director James J. Cuorato. "This is a huge win for the city," said Kathleen Murray, who represented City Council President Anna C. Verna on the project.
NEWS
September 2, 2015 | By Maddie Hanna, Inquirer Trenton Bureau
Just how does FedEx track millions of packages - and can the same technology be adapted, as Gov. Christie said over the weekend, to track visitors who overstay their visas? "If FedEx can do it, why can't we use the same technology to do it?" Christie, a Republican presidential candidate, told an interviewer over the weekend as he joined the debate over border controls. FedEx declined to comment on Monday on Christie's remarks, but a former executive at the company described its tracking system as commonplace.
SPORTS
May 13, 2011
What: FedEx 400 benefiting Autism Speaks Where: Dover International Speedway; Dover, Del. When: Sunday, 1 p.m. TV: FOX, 12:30 p.m. Radio: WNPV (1440-AM)/Sirius Satellite Ch. 90 Track layout: 1-mile oval Distance: 400 laps/400 miles Qualifying: Saturday, 12:10 p.m. 2010 winner: Kyle Busch 2010 polesitter: Martin Truex Jr.
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NEWS
September 4, 2015 | By Maddie Hanna, Inquirer Trenton Bureau
Gov. Christie provided more detail Wednesday on his recent call for use of FedEx-style technology to cut down on the number of people who overstay visas, suggesting people could be tracked by their thumbprints. "I'm not saying, 'Put bar codes on people.' That's ridiculous," Christie said on Fox News' Outnumbered , in one of three media appearances he made Wednesday. "But, you know, we need to use technology to secure our border. " Christie drew attacks from Democrats and immigrant groups after suggesting in New Hampshire on Saturday that FedEx's package-tracking system could be a model for tracking people who overstay visas, an analogy he repeated in an interview on Fox News Sunday . Asked on the Fox program Wednesday how his approach would work - "Are people supposed to swipe their thumbprint every time they use an ATM?"
NEWS
September 2, 2015 | By Maddie Hanna, Inquirer Trenton Bureau
Just how does FedEx track millions of packages - and can the same technology be adapted, as Gov. Christie said over the weekend, to track visitors who overstay their visas? "If FedEx can do it, why can't we use the same technology to do it?" Christie, a Republican presidential candidate, told an interviewer over the weekend as he joined the debate over border controls. FedEx declined to comment on Monday on Christie's remarks, but a former executive at the company described its tracking system as commonplace.
SPORTS
August 27, 2015 | By Marcus Hayes, Daily News Columnist
WE KEEP falling for it. Every year, the PGA Tour dupes golf fans into thinking that its season-ending run of four "playoff" tournaments means something. Every year, we bite. Sure, the FedEx Cup playoffs, a four-tournament winnowing that begins tomorrow, provide a few memorable moments. It was cool to see icy Jim Furyk turn his hat backwards to keep the rain from dripping off his brim, then rejoice, eyes to the heavens, after he made the $10 million putt in 2010. It was neat to watch Bill Haas splash out on the second playoff hole to keep Hunter Mahan from winning the Cup in 2011.
NEWS
March 7, 2015 | By Bonnie L. Cook, Inquirer Staff Writer
A memorial is set for Sunday, March 8, for Randall Booker Haskins, 56, a FedEx delivery man and music lover, who died Monday, Jan. 26, of heart failure from complications of bronchitis and asthma. Mr. Haskins, a Mount Airy native and resident, died at his home. His mother, Yvonne, is a real estate lawyer, city revitalization specialist, and community volunteer; her husband, Harold, is a retired University of Pennsylvania administrator and a filmmaker. Their son, a popular high school student, never took himself too seriously: his name appears as Randy "Fonz" Haskins on his 1976 diploma from Germantown High School, a reference to the character on TV's Happy Days.
BUSINESS
December 22, 2014 | By Jeff Gelles, Inquirer Columnist
Who's responsible when a delivery goes awry? That's been an issue for some luckless consumers at least since the days when Sears, Roebuck & Co. pioneered mail order a century ago, and likely for clients of the Pony Express before that. Recently, it has gained urgency from the growth of delivery-dependent Internet commerce. One day, it may even be an issue when Amazon's drones target the wrong front stoop for a package drop. The key thing to remember is that delivery systems endure because, almost always, they work as promised.
REAL_ESTATE
July 7, 2014 | By Alan J. Heavens, Inquirer Real Estate Writer
You may be more than ready for vacation. The real question: Is your house? I have a few tips that come from Denise Baron, of Berkshire Hathaway Home Services Fox & Roach in Center City, that I'll share with you. But I'll limit the advice to things you can't get from the TV "experts. " One suggestion, from Jim Towns, an Allstate agent in Batavia, Ill., is obvious, but it never ceases to amaze me how social media have robbed people of common sense: "Wait until you're home to post vacation pics on Facebook.
BUSINESS
April 7, 2014 | By Jane M. Von Bergen, Inquirer Staff Writer
What do exotic dancers, Sleepy's mattress delivery men, graduate assistants, FedEx drivers, cleaning contractors, student interns, carpenters, and college football players have in common? They are all struggling, in some legal way, to determine whether they are employees or something else all together. Is the exotic dancer actually an independent contractor, running her own tip-generating business and leasing pole space from an adult entertainment bar? Or is she an employee, working assigned hours and wearing (or not wearing)
SPORTS
May 31, 2013
At Dover International Speedway, Dover, Del. Schedule: Friday, practice (TV: Speed, 11 a.m.-12:30 p.m.), qualifying (TV: Speed, 3-4:30 p.m.); Saturday, practice (TV: Speed, 10-11 a.m., 1-2 p.m.), Sunday, race, 1 p.m. (TV: Fox29, 12:30-4:30 p.m.). Track: Oval, 1 mile. Race distance: 400 miles, 400 laps. Last year: Jimmie Johnson raced to his seventh Dover victory, matching Richard Petty and Bobby Allison for the track record. Johnson led on 289 of the 400 laps.
SPORTS
May 30, 2013
FedEx 400 Benefiting Autism Speaks Dover International Speedway Dover, Del. When: Sunday, 1 p.m. TV/Radio: Fox/WNPV (1440-AM) Course: 1-mile oval Distance: 400 laps Forecast: chance of isolated thunderstorms, low 80s Last year's winner: Jimmie Johnson Last year's pole winner: Mark Martin, 158.297 mph Track qualifying record: Jeremy Mayfield, 161.522 mph (June 2004) Track facts: Jimmie Johnson dominated last year's race, leading 289 laps, including the last 76. Kevin Harvick was second (his best Dover finish)
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