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Tag: FedEx (Page 2 of 2)

Boeing Boosting 767 Production

Boeing is boosting production of its Everett-made 767 mid-sized jet due to demand from cargo companies and the military, CEO Dennis Muilenburg said Wednesday.

“Today, 767 Freighters are the best they have ever been, and demand continues to grow,” Muilenburg said. “The growth of the e-commerce market is fueling some of that.”

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Boeing Boosting 767 Production

FedEx Reserves 20 Tesla Semi Electric Trucks

FedEx Corp. (FDX) today announced it has placed a reservation for 20 Tesla Semi trucks. The fully-electric trucks, which are scheduled to begin production in 2019, will be operated by FedEx Freight, its less-than-truckload unit.

“FedEx has a long history of innovation and incorporating sustainability efforts throughout its global network,” said FedEx Freight president and CEO Mike Ducker. “Our investment in these trucks is part of our commitment to improving road safety while also reducing our environmental impact.”

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Tesla Reserves Tesla Semi-Trucks

FedEx investing $3.2 billion in people and facilities after tax cut

FedEx has announced it will invest $3.2 billion in its employees and facilities in response to the US tax reform past in December, 2017.

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Fedex investing $3.2 billion

A FedEx freighter, a Boeing 727-100 formerly used as a cargo plane, lands at the Purdue Airport on Aug. 1. It was taken out of service by FedEx in late July and officially handed over to Purdue in a ceremony Tuesday, Sept. 19, at the airport. (Purdue News Service photo/David Umberger)

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