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Fedex

All articles tagged with #fedex

crime1 day ago•25 min saved

Alter ego 'Zero' blamed as FedEx driver pleads guilty in Athena Strand case

A Texas murder case centers on ex-FedEx driver Tanner Horner, who pleaded guilty to killing 7-year-old Athena Strand in 2022 and told investigators that his alter ego, “Zero,” took over during the crime, which he described as a nightmare; Strand was abducted from outside her home, strangled, dumped in the back of Horner’s truck, and later disposed of in a river as prosecutors allege, with the defense and court filings highlighting Horner’s split personality claim.

via New York Post|

#alter-ego #athena-strand #crime

us-news21 days ago•132 min saved

Newark Runway Near-Miss: Planes Skim Past Each Other by 300 Feet

A near-collision occurred at Newark Liberty International Airport when an Alaska Airlines 737 on approach to a crossing runway aborted its landing after a FedEx 777 had already been cleared for final approach on the intersecting runway. The Alaska crew executed a go-around, narrowly avoiding a collision by about 300–325 feet. FAA and NTSB investigations are underway; FedEx landed safely. The incident is the second major runway scare at Newark in two weeks, following a separate tail-clipping incident involving a Spirit Airlines jet and a Singapore Airlines flight.

via The Daily Beast|

#air-travel-safety #alaska-airlines #faa

markets22 days ago•40 min saved

Markets Slip as Triple Witching Approaches and Iran Tensions Rise, FedEx Up But SMCI Falls

U.S. stock futures, including the S&P 500 and Dow, were lower ahead of Friday’s triple-witching expiry as Iran warned of 'zero restraint' amid strikes on energy infrastructure and disruption risks; the 10-year yield was around 4.28% and the two-year near 3.83% with markets pricing a high chance of no rate change in April. Premarket movers included FedEx higher after strong results and raised guidance, while Super Micro Computer tumbled after charges against its co-founder over AI exports to China; Planet Labs and Scholastic rose on earnings.

via Benzinga|

#fedex #futures #iran-tensions

us-news22 days ago•22 min saved

Near-miss at Newark: Alaska Airlines and FedEx planes come within feet during aborted landing

An Alaska Airlines Flight 294 and a FedEx Flight 721 narrowly avoided a collision during an aborted landing at Newark Liberty International Airport, with air traffic control ordering a go-around as the two aircraft approached intersecting runways; the FAA and NTSB are investigating amid broader air-traffic staffing strains tied to the partial federal government shutdown.

via New York Post|

#airplanes #alaska-airlines #fedex

business22 days ago•2 min saved

FedEx tops Q3, hikes 2026 outlook as Freight spin-off advances

FedEx beat Q3 expectations with adjusted EPS of $5.25 and revenue of $24 billion, and lifted fiscal 2026 guidance to $19.30–$20.10 per share and about 6%–6.5% revenue growth. The FedEx Freight spin-off remains on track for June 1, and the Network 2.0 initiative is now expected to yield more than $1 billion in savings. Shares rose in after-hours trading on the results.

via CNBC|

#business #earnings #fedex

markets1 month ago•23 min saved

Refunds on Trump tariffs may arrive in Q2, Barclays says

Barclays researchers expect about $175 billion in tariffs collected under the International Emergency Economic Powers Act to be refunded in the second quarter after the Supreme Court struck down many 2025 tariffs. Refunds are expected to be paid via shorter‑term Treasury bills, with U.S. Customs aiming for a streamlined process within roughly 45 days from March 6. While temporary replacement tariffs of 10% rising to 15% are on the way, the anticipated effective tariff rate could be about 9.1%, according to JPMorgan Asset Management, and companies such as Costco, FedEx and Nintendo are among those pursuing refunds.

via MarketWatch|

#costco #fedex #markets

economy1 month ago•3 min saved

Tariff refunds head to shoppers as legal battles shape who pays

Following a Supreme Court ruling that most Trump-era tariffs were illegal, several companies pledged to pass refunds to customers. FedEx says it will reimburse shippers and consumers if the government issues refunds, but no formal process exists yet. Cards Against Humanity will refund customers who overpaid; Dame Products plans automatic refunds within 15 business days. Costco and Kohl’s have sued for refunds, while Democrats push for direct per-household compensation, signaling a potentially chaotic refunds process as regulators and courts determine the path forward.

via Axios|

#consumer #economy #fedex

business1 month ago•14 min saved

Tariffs prompt lawsuits against FedEx and Ray‑Ban maker

Retail customers have filed lawsuits against FedEx and Ray-Ban’s maker, Luxottica, alleging that tariff costs were improperly passed along to consumers and seeking relief from the added charges.

via AP News|

#business #fedex #lawsuits

business1 month ago•2 min saved

FedEx pledges to pass tariff refunds to customers if the U.S. government reimburses them

FedEx says it will refund customers who paid tariffs if the U.S. government issues refunds, a stance tied to its lawsuit seeking a full duty refund after the Supreme Court ruled the tariffs unlawful; the exact process depends on future guidance from the government, and other companies are pursuing refunds, a process that could take years.

via CBS News|

#business #court #fedex

business1 month ago•14 min saved

FedEx Joins Refund Push as Trump-Era Tariffs Are Ruled Illegal

FedEx, along with other U.S. companies, is seeking refunds from the government after a ruling that the Trump-era tariffs were illegal.

via AP News|

#business #fedex #refunds

business1 month ago•3 min saved

FedEx seeks full tariff refunds after Supreme Court limits president's tariff powers

FedEx filed a U.S. Court of International Trade suit seeking a full refund of duties paid under the International Emergency Economic Powers Act after the Supreme Court ruled those tariffs unlawful, also asking for interest and legal fees and signaling potential similar claims from other importers.

via CBS News|

#business #fedex #ieepa

business1 month ago•2 min saved

FedEx seeks full refund of Trump-era tariffs after Supreme Court ruling

FedEx filed a lawsuit in the US Court of International Trade seeking a full refund of tariffs imposed during the Trump administration after the Supreme Court ruled that Congress, not the presidency, has the authority to levy taxes; the case names CBP and the US government as defendants and does not specify an amount. While the court did not resolve refunds, the decision raises the possibility that duties collected could be returned and has prompted Democratic calls for relief to small businesses and possibly passing refunds to customers; Trump has signaled he will pursue tariffs under other authorities, which would continue to affect prices for US households.

via The Guardian|

#business #customs-and-border-protection #fedex

litigation1 month ago•35 min saved

FedEx seeks refunds for Trump-era emergency tariffs after Supreme Court ruling

FedEx filed a lawsuit in the U.S. Court of International Trade asking for a full refund of IEEPA emergency tariffs imposed by President Trump, following the Supreme Court’s ruling that the tariffs exceeded authority; officials say more than $175 billion in tariff receipts could be refundable, though the lower court must work out the refund process. FedEx, as importer of record, named U.S. Customs and Border Protection and the U.S. government as defendants, and industry lawyers say refunds would depend on paperwork and contract terms, with a wave of similar cases expected.

via Reuters|

#fedex #ieepa #litigation

business1 month ago•2 min saved

FedEx Demands Full Tariff Refund Following IEEPA Ruling

FedEx filed a lawsuit seeking a full refund of all IEEPA-era tariffs paid during the Trump administration after the Supreme Court ruled the president exceeded his authority in imposing the duties; the suit, lodged with the U.S. Court of International Trade via Customs and Border Protection, highlights ongoing legal challenges to tariff costs and follows Costco’s similar filing, as FedEx warned tariffs could hurt 2026 earnings and overall profitability.

via NBC News|

#business #fedex #ieepa

business1 month ago•2 min saved

FedEx seeks full refund of Trump-era tariffs after Supreme Court ruling

FedEx filed a lawsuit seeking a full refund from the U.S. government for tariffs imposed under the International Emergency Economic Powers Act by Trump, arguing the Supreme Court’s ruling that those tariffs are illegal and that the Court of International Trade has exclusive jurisdiction. The suit appears to be the first major company bid for refunds after the ruling, while other pending suits (including Costco’s) have not yet been decided. FedEx has not disclosed the exact amount paid; last year it warned of about a $1 billion earnings hit due to U.S. trade policies, and regulators have not yet established a refund process.

via CNBC|

#business #fedex #ieepa