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Losses more than double at Irish arm of TNT Express  Irish Times

Pretax losses at the Irish arm of logistics company TNT Express more than doubled last year to €2.2 million after its parent suffered a “crippling” cyber attack.

Losses double to €2.2m at Irish arm of TNT Express

Pre-tax losses at the Irish arm of logistics firm TNT Express more than doubled last year to €2.2m after its parent suffered a 'crippling' cyber-attack.

FedEx's struggles may be less about global demand and more about `NotPetya'  FreightWaves

FedEx Corp. (NYSE:FDX) and arch-rivals UPS Inc. (NYSE:UPS) and Deutsche Post DHL (OTCUS: DPSGY) have different views of the world they deliver in.

FedEx Lowers Guidance, Again  Motley Fool

The package delivery giant continues to be hurt by a slowing global economy and difficulties in Europe.

Irish arm of TNT in the red after global cyber-attack  Irish Examiner

Pre-tax losses at the Irish arm of logistics firm TNT Express more than doubled to €2.2m last year, after its parent group was hit by “a crippling” cyber-attack.

For Bayer and FedEx, Deal Hindsight is 20/20  Washington Post

When an industrial company does its largest deal ever, run the other way. That is my very unscientific rule of thumb, but it's born from experience: Siemens AG's ...

FedEx cuts profit forecast again on economy, Express woes  One America News Network

March 19, 2019. By Lisa Baertlein and Ankit Ajmera. (Reuters) – FedEx Corp on Tuesday cut its 2019 profit forecast for the second time in three months, sending ...

FedEx stock: Quarterly earnings fall well below company expectations, CEO Fred Smith says  The Commercial Appeal

FedEx's financial results the past few months fell well below company expectations, the logistics titan reported Tuesday.

FedEx says bonus plan ditched because of changing economic reality  The Daily Memphian

FedEx is drawing heat for plans to eliminate annual bonuses this year, but the company says it's for the long-term good. After a second disappointing earnings ...

FedEx plans to scrap employee bonuses this year  The Daily Memphian

FedEx plans to scrap annual incentive bonuses this year, an austerity move that would cost some employees thousands of dollars depending on their pay ...

Express Delivery Market Trends, Industry Analysis, Leading Players, Emerging Growth Factors of Key Players by 2024  Operanewsnow

This intelligence report provides a comprehensive analysis of the Express Delivery Market. This includes investigating past progress, ongoing market scenarios, ...

FedEx Is Attractive Despite International Weakness  Seeking Alpha

Hedge funds are increasingly talking about FedEx after the recent weakness in stock price. Amazon may launch a competing *service* or decide to acquire FedEx.

TNT Express albatross rears its head in FedEx's rocky Q2 results  FreightWaves

Are FedEx Express' international issues macro-driven or company-specific?

The Express and E-Commerce Logistics Market in the Philippines - Outlook to 2023 -  Business Wire

DUBLIN--(BUSINESS WIRE)--The "Philippines Express and E-Commerce Logistics Market Outlook to 2023 - By Air Express and Road Express, By International ...

UPS is in line to sue EU over failed attempt to acquire TNT Express following court ruling  Logistics Management

Earlier this week, Atlanta-based transportation and logistics bellwether UPS received some potentially good news when the European Court of Justice said that ...

14.27% More Graf Industrial Corp (NYSE:GRAF) Shorted Shares  Z Tribune

Graf Industrial Corp (NYSE:GRAF) had an increase of its shares shorted by 14.27%. It was announced in March by FINRA the 172200 shares shorted on GRAF.

Sikkim | SDF announces final list of candidates for upcoming election

GANGTOK | March 24, 2019: On Friday, the ruling Sikkim Democratic Front (SDF) party had announced candidates for the remaining 14 Assembly seat and the ...

Netherlands roundup: FedEx to cut TNT Express pension fund

Plus: APG exits SME loans fund; ANWB scheme considering joining general pension fund.

Contrasting of FedEx Corporation (FDX) and XPO Logistics Inc. (NYSE:XPO)  Standard Recorder

Both FedEx Corporation (NYSE:FDX) and XPO Logistics Inc. (NYSE:XPO) are Air Delivery & Freight Services companies, competing one another. We will ...

Sports on TV  mySA

ESPN2 — NIT Tournament: Norfolk St. vs. Colorado. 11 p.m.. ESPNU — NIT Tournament: Teams TBD, second round. COLLEGE BASKETBALL (WOMEN'S).

AAF's all-access TV strategy: Think Tom Brady, Bill Belichick in-game interviews  USA TODAY

The AAF has an all-access TV strategy: Cameras are in locker rooms, coaches are mic'd and star players are interviewed during the game.

FedEx's fiscal second quarter results hit by weak European economies, unfavorable mix at TNT Express  FreightWaves

FedEx Express hit by rapid decline in international economic activity.

Why FedEx Cut Its Full-Year Guidance  Motley Fool

The package delivery giant is feeling the impact of a global trade slowdown, but there are other issues as well.

EU's highest court upholds decision annulling EC rejection of UPS-TNT Express combination  FreightWaves

The European Union's (EU) highest court today upheld a lower court ruling that annulled the European Commission's (EC) 2013 rejection of UPS Inc.'s ...

FedEx touts service upgrade as milestone in European growth  The Daily Memphian

FedEx Express Europe says it has hit another milestone in its multiyear integration of TNT by improving *service* in Europe, where a sluggish economy was a ...

Stung by poor fiscal q2 print, FedEx looks to guide analysts toward better times  FreightWaves

Top FedEx Corp. (NYSE:FDX) executives met with securities analysts yesterday in an effort to convince them the issues that led to mid-December's mediocre ...

FedEx Slides as Labor Costs, TNT Struggles Lead to ‘Messy Start’  Bloomberg

FedEx Corp. dropped the most in more than five years after increased labor costs and a bumpy integration effort for the company's TNT Express acquisition ...

FedEx and TNT move towards fully integrated operations  Post and Parcel

Feb 6, 2019 | E-Commerce, Infrastructure, News, Parcel, Post | 0. FedEx and TNT move towards fully integrated operations. FedEx Express is to use the TNT ...

FedEx Express to Buy International Express Business of Flying Cargo Group in Israel  eSellerCafe

FedEx Express and Flying Cargo Group announced that after nearly 30 years of close cooperation providing International Express transportation services to the ...

FedEx cites TNT acquisition, flexibility in confident earnings forecast  The Daily Memphian

FedEx leaders stood strong Monday in the face of tariff threats, Amazon delivery plans and lower-than-expected, but robust quarterly profit growth. Another ...

FedEx prepares for hard Brexit, an event with significant downside, analyst says  The Commercial Appeal

The United Kingdom is fast approaching its exit of the European Union with no transition plan in place, an event an analyst says has significant downside for ...

What the Market Missed From FedEx's Earnings Report  The Motley Fool

FedEx's main two segments have diverging prospects in 2019.

FedEx Jolts Wall Street With Surprise Exit of CEO's Deputy  Bloomberg

FedEx Corp. threw Wall Street for a loop, announcing the resignation of Fred Smith's top deputy just weeks after he joined the company's board.

U.P.S. Seeks More Than $2 Billion in Damages Over TNT Bid  The New York Times

LONDON — United Parcel *Service* has sued European antitrust regulators for a decision they made five years ago that blocked its takeover of the Dutch delivery ...

FedEx Stock Falls After Bank of America Merrill Lynch Downgrade  Barron's

FedEx stock—already trading at a single-digit multiple to the logistics company's estimated 2019 earnings—slumped Monday as Bank of America Merrill Lynch ...

FedEx's Mystery Management Shuffle Raises Stakes for Earnings  Bloomberg

FedEx Corp. investors will finally get some answers Tuesday on an abrupt management change and their growing questions about the health of the delivery ...

NotPetya cyber attack on TNT Express cost FedEx $300m  ZDNet

Falling victim to global ransomware attack "posed significant operational challenges", the company says in its latest financial report.

Court adviser recommends ruling against EU veto of UPS, TNT merger  Reuters

An advisor to Europe's top court recommended on Wednesday that judges should rule against the EU's veto of United Parcel *Service's* takeover bid for Dutch ...

FedEx Express announces plans to acquire Israel-based Flying Cargo Group  Logistics Management

FedEx officials said that it has had a 30-year relationship with Flying Cargo Group, adding that this agreement was reached at the time that the *service* ...

UPS Sues European Union Antitrust Agency over TNT Express Denial  Multichannel Merchant

UPS has filed suit against the EU, seeking $2.15 billion for its 2013 decision which scuttled UPS's planned acquisition of Netherlands-based TNT Express.

FedEx to swoop on international express business of Israeli distribution firm  Air Cargo News

FedEx Express will acquire the international express business of Israeli logistics and distribution firm Flying Cargo Group. The announcement comes as.

Raj Subramaniam named as new FedEx Express CEO  The Commercial Appeal

FedEx Express CEO David Cunningham will retire at the end of 2018, the company announced Friday. Executive VP Raj Subramaniam will succeed him.

FedEx Agrees to Acquire TNT Express in $4.8 Billion Deal  New York Times

LONDON — Taking advantage of a strong dollar and seeking to succeed where United Parcel *Service* stumbled, the FedEx Corporation has agreed to acquire ...

FedEx Reports Slow Profit Growth As Investors Wait For TNT Express Deal To Pay Off  Forbes Now

FedEx will be chewing the $5 billion bite it took last May for the next four years.

Court adviser suggests ruling against EU veto of UPS, TNT merger  Reuters

Europe's top court should rule against the EU's veto of United Parcel *Service's* takeover bid for Dutch peer TNT because of procedural errors by regulators, ...

FedEx to acquire Australian company, will operate under Trade Networks  The Commercial Appeal

FedEx announced its acquisition of Australia-based logistics company Manton Air-Sea on Thursday, a deal expected to close later this year.

FedEx Says TNT Express Service Disrupted After Ransomware Attack  Fortune

Delivery company FedEx said operations in its TNT Express unit were disrupted after its information systems were hit by a virus attack.

FedEx Lifts Outlook After Buying TNT Express  Wall Street Journal

FedEx Corp. increased its earnings forecast for the year as the package-delivery giant works to integrate the Dutch parcel firm TNT Express NV amid a tepid ...

TNT Express facing interference with some of its systems  Reuters

The Netherlands-based shipping company TNT Express said on Tuesday it was experiencing interference with some of its systems, following a global ...

FedEx's TNT Express was 'significantly' disrupted by a virus  MarketWatch

FedEx Corp. said Wednesday that its TNT Express subsidiary was "significantly affected" by an information systems "virus." The package...

FedEx announces sudden retirement of Bronczek  DigitalCommerce360

David Bronczek made a “personal decision'' to retire. Raj Subramaniam will take over as president and CEO March 1.

FedEx begins employee voluntary departure initiative with Express, Services divisions  Winston-Salem Journal

FedEx Corp. began Friday offering voluntary separation packages to U.S. employees, mostly in its Express and Corporate Services divisions, as part of a ...

FedEx Express to Acquire International Express Business Of Flying Cargo Group in Israel  Post and Parcel

Jan 16, 2019 | Infrastructure, News, Parcel | 0. FedEx Express to Acquire International Express Business Of Flying Cargo Group in Israel. FedEx Express and ...

FedEx to take up to $575 million charge as it starts voluntary buyouts  Reuters

FedEx Corp said on Friday it could take as much as $575 million in charges as it began offering voluntary cash buyouts to certain U.S-based employees in a bid ...

FedEx Quarterly Earnings Surge on E-Commerce Delivery Boom  Bloomberg

FedEx Corp. reported fiscal fourth quarter profit that beat expectations as an e-commerce boom boosts package deliveries and a manufacturing rebound drives ...

EU Approves FedEx Acquisition of TNT Express  Wall Street Journal

European Union regulators unconditionally approved FedEx's acquisition of Dutch parcel firm TNT Express, formally closing a six-month antitrust probe that had ...

NBA All-Star Weekend Gets Bigger for Turner  Broadcasting & Cable

Though the Super Bowl was a bit of a dud, Turner is seeing a lot of excitement around the next big event on the sports calendar, the NBA All-Star Game on Feb.

Demonstrations in Brazil, Canada, Italy could mean logistics delays  Air Cargo World

Concurrent labor actions and protests from various logistics sectors' unions could potentially send ripples through the supply chain in coming weeks, as the.

Some Thoughts on FedEx

In 2018, I spent a few weeks researching package delivery and supply chain management companies FedEx (FDX) and UPS (UPS). Here's what I tweeted when ...

FedEx (FDX) Stock is Down More Than 35% in 2018: Here's Why

FedEx (FDX) is hit by flagging trading fortunes in China and a sluggish European economy.

FedEx Profits Soar, Revenue Rises in Fiscal First Quarter  Transport Topics Online

FedEx Corp. reported a 40% spike in net income as well as higher revenue in its first quarter of fiscal 2019, owing to bustling economic conditions. Chairman ...

FedEx acquisition of TNT is made official  Logistics Management

The $4.8 billion acquisition of Netherlands-based TNT Express-NV, a provider of mail and courier services and the fourth largest global parcel operator, ...

FedEx Finds A Way Around Shipping With Amazon  Forbes Now

While Amazon sees a future in autonomous drones as package deliverers, FedEx is more focused on utilitarian robotic vehicles that fit its existing architecture.

European Commission infringed UPS' rights  Post and Parcel

Jan 18, 2019 | Infrastructure, News, Parcel | 0. European Commission infringed UPS' rights. The European Court of Justice (ECJ) has ruled that the European ...

FedEx sets salary for new president, COO Raj Subramaniam  The Commercial Appeal

FedEx has disclosed the salary of its new president and COO Raj Subramaniam, who analysts view as the favorite to succeed company founder Fred Smith.

UPS files lawsuit against European Commission for TNT Express decision  Air Cargo World

While the FedEx merger with TNT Express appears to be going smoothly, the waters are still churning in regard to the previous attempt by an integrator to.

FedEx Corporation Gets Back on Track  Motley Fool

Recent fourth-quarter results showed that FedEx Corporation (NYSE:FDX) has bounced back solidly from a rough third quarter, in which its express segment ...

FedEx CEO Fred Smith gives his takes on Trump, trade and Amazon at Bloomberg event  The Commercial Appeal

FedEx CEO Fred Smith gave his takes on potential threats to the company — Amazon and President Donald Trump's trade views — earlier this week.

FedEx-TNT Express Deal to Be Investigated in Europe  New York Times

LONDON — European regulators on Friday opened an investigation into the impact on competition of FedEx's $4.8 billion deal to acquire TNT Express in the ...

TNT Express warns of permanent data loss from NotPetya malware outbreak  The INQUIRER

DELIVERY OUTFIT TNT Express has warned that it is still being affected by the NotPetya malware almost a month after it struck, adding that t may have suffered ...

Oman Express Logistics Market Outlook to 2022 Featuring Aramex, DHL, FedEx, Oman Post & TNT  GlobeNewswire

Dublin, Oct. 22, 2018 (GLOBE NEWSWIRE) -- The "Oman Express Logistics Market Outlook to 2022 - By International and Domestic Express " report has been ...

Deliveries 'in limbo' with FedEx's TNT 'significantly affected' by cyber attack  ABC News

Australians and businesses waiting on deliveries by FedEx's TNT Express say they have been left in limbo after the company is significantly affected worldwide ...

FedEx: TNT Express To Strengthen Global Presence  Seeking Alpha

FedEx's acquisition of TNT will bring the combined company's market share from 22% to 24%. TNT also gives FedEx over $7 billion in revenue in addition to ...

Express Delivery Market Is Thriving Worldwide | Smart key players (UPS, FedEx, DHL, TNT, USPS) - Press Release  Digital Journal

"Express Delivery Market"HTF MI released a new market study on Global Express Delivery Market with 100+ market data Tables, Pie Chat, Graphs & Figures ...

Death of 80-year-old FedEx employee at airport an accident, coroner's office rules  Indianapolis Star

Coy Kidd died Thursday night of multiple blunt force traumatic injuries, the Marion County coroner's office said Monday.

FedEx Corp (FDX) Q2 2019 Earnings Conference Call Transcript  The Motley Fool

FDX earnings call for the period ending November 30, 2018.

TNT Express still struggling to remediate after Petya attack  iTnews

International courier giant TNT Express is still struggling to make deliveries in Australia and all over the world almost a week on from the globally destructive ...

Jake Barker Ltd.

About CFC is the number one national amateur football website (source: and most respected source for high school ...

TNT Express Operating Profit Slides as FedEx Takeover Nears  Wall Street Journal

TNT Express reported a 71% declining in operating profit in the third quarter as the carrier prepares to be acquired by FedEx.

FedEx marks change of guard in exits of Barksdale, Ducker  The Daily Memphian

FedEx marked departures of two lions of its 45-year history on Monday with standing ovations from shareholders and high praise from company leader Frederick ...

FedEx Warns TNT Might Never Fully Recover From June Cyberattack

Cybercrime news: FedEx said that TNT's information systems may never fully recover from a June cyberattack that is expected to impact its earnings.

Why Is FedEx (FDX) Down 6.4% Since Last Earnings Report?

FedEx (FDX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Thailand Express Delivery and E-Commerce Logistics Market 2018-2022 with Kerry Logistics, DHL, CJ Express, SK Logistics, Shippop, aCommerce, FedEx, & TNT Dominating  PRNewswire

DUBLIN, Dec. 17, 2018 /PRNewswire/ -- The "Thailand Express Delivery and E-Commerce Logistics Market Forecast to 2022 - By International and Domestic ...

FedEx (FDX) Picks Raj Subramaniam as New Express Unit CEO

Raj Subramaniam is set to assume the role of new CEO and president of the Express division in FedEx (FDX), effective Jan 1, 2019, following retirement of ...

FedEx's TNT almost back online after virus attack  Memphis Business Journal

FedEx said the financial impact of TNT virus cannot be measured yet but could be "material."

After NotPetya, FedEx invests in security and flexible IT  CIO Dive

FedEx's revenue for FY2018 was $17.3 billion, up $1.6 billion from FY2017 despite losing $400 million from the NotPetya attack in June of last year, according to ...

FedEx downgraded by UBS on lingering fallout from overseas cyberattack  CNBC

With recent computer breaches of major companies such as Equifax dominating the news, one Wall Street firm predicts FedEx will suffer from the summer's ...

AAF: NFL Network will televise five Memphis Express games in 2019  The Commercial Appeal

Sports Business Daily reported Thursday the AAF has agreed to multi year media rights deals with both the NFL Network and TNT.

ASL Aviation Holdings acquired by private equity firm, will rapid fleet growth continue?  Cargo Facts

Ireland-based ASL Aviation Holdings, no stranger to acquisitions, announced its intent to be purchased by private equity firm Star Capital Partnership LLP for an ...

FedEx to Use Mostly Debt to Fund TNT Acquisition  Wall Street Journal

FedEx said it will use mostly debt to finance its $4.9 billion acquisition of TNT Express.

FedEx Corp.: A Premier Business On The Cheap  Seeking Alpha

FedEx is a premier organization. The stock's been pounded on a spate of bad news. Management didn't gloss it over. They reset expectations. If one believes ...

FedEx says cyber attack to hurt full-year results  Reuters

Package delivery company FedEx Corp said a disruption in services in its TNT Express unit following a cyber attack last month would hurt its full-year results.

Scamwatch round-up: Netflix, FedEx TNT, ASIC and fake ANZ and CBA apps  ARNnet

This week's phishing scams hitting Australians' inboxes.

UBS Expects Solid UPS (NYSE:UPS) Earnings, Says FedEx (NYSE:FDX) Express Biz Still Faces Overseas Challenges  Benzinga

UBS Securities said it expects solid fourth-quarter earnings from United Parcel *Service*, Inc. (NYSE: UPS) when the package shipper reports next week, thanks to ...

UPS Vs. FedEx: One Has Serious Issues  Seeking Alpha

One will emerge as the most dominant in the next 10 years, and it may not be the company that has dominated in the past. FedEx has demonstrated its ...

TNT deal raises FedEx employment to almost 400,000  Memphis Commercial Appeal

FedEx's acquisition of TNT Express moves the Memphis-based carrier's annual revenues into a virtual tie with U.S. rival UPS.

TNT Express still struggling with NotPetya malware - crucial documents remain locked up in borked systems as staff grapple with manual procedures | V3

TNT, the Dutch parcel delivery company, remains backed up with undelivered parcels as the company continues to struggle with manual processes brought in ...

Why TNT Acquisition Is A Good Deal For FedEx  Forbes

FedEx recently announced that it has offered to purchase TNT Express for an all-cash price of €8 per share, or $4.8 billion, a premium of 33% over the closing ...

FedEx-TNT merger: Updates On The Deal That Could Change The Way Europe Ships  Forbes

Despite the company's strong global reach, it has so far failed to capture much of the European market. To tackle this problem, FedEx had bid to acquire the ...

Know Your Nonprofit: Disability Services & Resources With TNT Kid’s Fitness & Gymnastics  Fargo Monthly Magazine

At TNT Kid's Fitness, a lively child in a wheelchair and a child aspiring to be an Olympic gymnast can express themselves through movement.

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