Fedex

Getting holiday packages swiped from outside your door is an unfortunate risk of online shopping. Unless you're Al Alverson, a Texas homeowner with a security camera. When he returned home one recent day to discover that the FedEx package he was expecting was missing, he turned to his footage and discovered the culprit. And it wasn't the milkman. “I said, 'Oh my God, it's the UPS guy,'” Alverson told KHOU 11 News . In a video that's now posted on YouTube and circulating around Reddit, the Grinch in a brown uniform drops off a parcel at Alverson's door and then soon returns to nab the FedEx package.

Re "Cash crunch gives USPS a good chance to reform," Column, Feb. 7 I am surprised by the zeal with which David Lazarus advocates for massive changes at the U.S. Postal Service. Talk to the individuals who deliver your mail and you'll find that many letter carriers are military veterans. Massive job cuts will push many of them into a terrible economic situation. Forcing them to start over at FedEx or UPS is callous. Lazarus' idea of USPS Internet coffee houses makes me cringe.

FedEx Corp. has projected that Monday would be its busiest day ever for delivering packages worldwide. It was expecting to make almost 16 million shipments, up nearly 13% from last year's busiest day. But don't get too excited about what this might mean for the U.S. and global economies. Memphis-based FedEx trots out this "busiest day" story every year, regardless of what is or isn't happening in world commerce. On Dec. 18, 2006 and Dec. 17, 2007, during the global economic boom, FedEx posted record days of 10.6 million and 11.5 million shipments, respectively.

The U.S. Postal Service's announcement that it plans to stop delivering most mail on Saturdays is likely to have an effect on the business world. The Postal Service said it made the announcement Wednesday -- about six months in advance of implementing a five-day mail delivery schedule on Aug. 5 -- to give residential and business customers time to plan and adjust. Hallmark Card Inc., the Kansas City-based greeting card company, said it anticipated problems with the decision.  "Hallmark continues to believe a reduction in service will not induce customer loyalty and will negatively impact small towns and small businesses that depend on timely, affordable, reliable mail delivery," the company said . "This move should only be considered once all other cost-saving options are fully explored and acted upon.

FedEx Corp said on Thursday it has ordered 27 new Boeing Co 767-300F aircraft worth $4.7 billion at list prices as it plans to retire some of its aging aircraft. The company also has exercised options for two additional Boeing 777 freighters. The world's No. 2 package delivery company said three of the 767s would be delivered in fiscal 2014 and six per year in fiscal 2015-2018. FedEx said the 767s will replace FedEx Express' MD10 aircraft with a 30 percent increase in fuel efficiency and a 20 percent reduction in unit operating costs.

Stocks opened lower on Wall Street on Tuesday after FedEx Corp. reported a drop in earnings amid a global economic slowdown. The Dow Jones industrial average was down 4 points, essentially flat, at 13,549, shortly after the opening bell. The Standard & Poor's 500 index lost 3 points, or 0.2%, to 1,458. The Nasdaq was off 5 points, or 0.2%, to 3,174. FedEx posted $459 million, or $1.45 a share, in profits in its fiscal first quarter, down 1% from $464 million, or $1.46, for the same period a year ago. FedEx, whose performance is seen as a harbinger for the broader economy, lowered its forecast profits for fiscal 2013.

FedEx Corp. said Monday it will hire 20,000 seasonal employees to work on holiday shipping that is expected to jump 13% from last year. Between Thanksgiving and Christmas, the global shipping giant predicts it will ship 280 million packages. Dec. 10 is expected to be the busiest day of the season with 19 million shipments, up 10% compared with last year. That's a spot of good news for what has been a dismal year for a company considered to be a bellwether of the global economy.

With a little over two weeks left before Christmas, it's crunch time for shoppers - - and shippers too. FedEx is projecting that it will have its busiest shipping day of the year Monday, delivering an estimated 19 million packages worldwide and shattering the previous record of 17.2 million packages on Dec. 12, 2011. Strong online sales, mainly, have buoyed shipping volumes this year, the company said, adding that it expects to deliver 280 million packages worldwide between Thanksgiving and Christmas -- a 13% year-over-year surge.

NEW YORK -- Stocks were initially choppy after FedEx Corp. ratcheted down its profit outlook for the company's first quarter, citing "weakness in the global economy. " The international shipping company is seen as an economic bellwether, so its dimming fortunes added to worries over worldwide growth slowing. Meanwhile, the European Central Bank, which meets Thursday, is planning "unlimited purchases of government debt" to aid struggling Eurozone countries, Bloomberg News reported.

FedEx Corp. said its fiscal first-quarter earnings fell 22% but still met Wall Street's expectations, as cost cuts partially offset the effect of slowing global growth. The package delivery company also predicted that it would beat analysts' expectations for its fiscal second quarter and said it would raise shipping rates at its Express unit early next year. Memphis, Tenn.-based FedEx earned $384 million, or $1.23 a share, in the three months that ended Aug. 31, compared with $494 million, or $1.58, a year earlier.

Getting holiday packages swiped from outside your door is an unfortunate risk of online shopping. Unless you're Al Alverson, a Texas homeowner with a security camera. When he returned home one recent day to discover that the FedEx package he was expecting was missing, he turned to his footage and discovered the culprit. And it wasn't the milkman. “I said, 'Oh my God, it's the UPS guy,'” Alverson told KHOU 11 News . In a video that's now posted on YouTube and circulating around Reddit, the Grinch in a brown uniform drops off a parcel at Alverson's door and then soon returns to nab the FedEx package.

FedEx Corp.'s sorting facility at Los Angeles International Airport is a maze of chutes, ladders and catwalks, capable of processing more than 300 packages a minute. And in the pre-dawn hours Monday -- which FedEx projected would be the busiest in its history -- it was going full force. "With the Internet now, that volume is just flying off the hook," said manager Alex Johnson, 55, speaking above the loud whir of machinery and steady thud of vehicles in motion around him. All that activity is yet another sign that the economy is coming back from the dregs of the recession and its long aftermath.

With a little over two weeks left before Christmas, it's crunch time for shoppers - - and shippers too. FedEx is projecting that it will have its busiest shipping day of the year Monday, delivering an estimated 19 million packages worldwide and shattering the previous record of 17.2 million packages on Dec. 12, 2011. Strong online sales, mainly, have buoyed shipping volumes this year, the company said, adding that it expects to deliver 280 million packages worldwide between Thanksgiving and Christmas -- a 13% year-over-year surge.

FedEx Corp. said Monday it will hire 20,000 seasonal employees to work on holiday shipping that is expected to jump 13% from last year. Between Thanksgiving and Christmas, the global shipping giant predicts it will ship 280 million packages. Dec. 10 is expected to be the busiest day of the season with 19 million shipments, up 10% compared with last year. That's a spot of good news for what has been a dismal year for a company considered to be a bellwether of the global economy.

ATLANTA — Brandt Snedeker caught his mind wandering to the FedEx Cup and its $10-million bonus just twice Sunday. The first time, Snedeker nearly slapped himself back to reality as he walked down the 15th fairway. Then at No.18, he airmailed his tee shot into the grandstand. "An awful shot," Snedeker said. "That shows you what that does for you. " At that point, though, it mattered little. A four-shot lead at the Tour Championship offered more than enough cushion to finish off his richest payday — and one that might redefine his career.

NEW YORK - FedEx Corp.'s gloomy business outlook may not be the last unwelcome delivery for investors in the coming weeks. The global shipping giant slashed profit projections for 2012 after posting another quarterly slump in earnings. And its chief executive said trade has slowed to levels not seen during the last two significant economic downturns. That's not exactly what Wall Street wants to hear from a company considered to be a bellwether of the global economy. And it also portends bad news for the hundreds of major U.S. companies that will start reporting third-quarter earnings in a few weeks.

Another discovery of a tiny disease-carrying insect disclosed by state agriculture officials today demonstrates that California's citrus industry is fighting a war on two fronts. TheCalifornia Department of Food and Agriculture said a detection dog working with inspectors on Wednesday found a package at a FedEx depot in Sacramento that contained at least 100 live Asian citrus psyllids, including juveniles and adults. Officials find that the insect is making its way into the state as a passenger on packages, even as colonies of the bug establish themselves in Southern California after flying north from Mexico.

FedEx Corp., after reporting its biggest drop in U.S. air shipments in seven years Thursday because of the recession, said it delayed taking delivery of some Boeing Co. 777 planes by as long as 17 months. The revised schedule will defer commitments of $275 million from 2009 to future periods, Memphis, Tenn.-based FedEx said in a regulatory filing. The nation's No.2 package delivery firm is the largest customer for Boeing's new model.

Stocks opened lower on Wall Street on Tuesday after FedEx Corp. reported a drop in earnings amid a global economic slowdown. The Dow Jones industrial average was down 4 points, essentially flat, at 13,549, shortly after the opening bell. The Standard & Poor's 500 index lost 3 points, or 0.2%, to 1,458. The Nasdaq was off 5 points, or 0.2%, to 3,174. FedEx posted $459 million, or $1.45 a share, in profits in its fiscal first quarter, down 1% from $464 million, or $1.46, for the same period a year ago. FedEx, whose performance is seen as a harbinger for the broader economy, lowered its forecast profits for fiscal 2013.

NEW YORK -- Stocks were initially choppy after FedEx Corp. ratcheted down its profit outlook for the company's first quarter, citing "weakness in the global economy. " The international shipping company is seen as an economic bellwether, so its dimming fortunes added to worries over worldwide growth slowing. Meanwhile, the European Central Bank, which meets Thursday, is planning "unlimited purchases of government debt" to aid struggling Eurozone countries, Bloomberg News reported.