Frederick W. Smith

Frederick W. Smith

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  FedEx profit falls on weak airfreight business

  FedEx said Wednesday that third-quarter profit fell 31 percent as customers shifted to slower and less-expensive international air-shipping options, ... 

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  Obama says US must shift cars, trucks off of oil

  Envisioning cars that can go "coast to coast without using a drop of oil," President Barack Obama on Friday urged Congress to authorize spending $2 ... 

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  FedEx to offer buyouts with up to 2 years' pay

  FedEx said Tuesday that it will be offering some employees up to two years' pay to leave the company starting next year. The voluntary program is part ...