All articles tagged with #fedex
A former FedEx driver, Tanner Horner, was sentenced to death for the 2022 capital murder of 7-year-old Athena Strand after abducting her from her Paradise, Texas home while delivering a Christmas gift; jurors found he posed a continuing threat to society, and evidence included audio from inside his delivery van showing Athena’s desperate pleas and his threats before her death from blunt force trauma and suffocation.
A Texas jury sentenced ex-FedEx delivery driver Tanner Horner to death after he pleaded guilty to capital murder and aggravated kidnapping in the 2022 killing of seven-year-old Athena Strand; jurors heard an audio recording of her final moments inside his delivery vehicle, and Horner will be executed by lethal injection on a yet-to-be-determined date.
A Texas jury sentenced former FedEx driver Tanner Lynn Horner to death for kidnapping and killing 7-year-old Athena Strand in 2022 after he pleaded guilty at the start of the trial; prosecutors highlighted an hour-long audio of the attack and his lies as key evidence, while defense argued mitigating factors including a troubled childhood, autism, and lead exposure. Horner’s sentence will be automatically reviewed by the Court of Criminal Appeals, with Texas maintaining one of the nation’s highest execution rates.
Amazon announced a new service, Amazon Supply Chain Services, letting external companies use its logistics network, sending UPS and FedEx shares down about 10% as Amazon positions itself as a major logistics rival. The program already has sign-ups from retailers like Procter & Gamble, 3M, Lands’ End and American Eagle Outfitters, leveraging Amazon’s fleet of cargo planes and warehouses to expand services beyond e-commerce.
Security footage shown in a Fort Worth courtroom shows 34-year-old FedEx driver Tanner Horner cleaning the van used to abduct and murder 7-year-old Athena Strand in Paradise, Texas, on Nov. 30, 2022; prosecutors say he killed Strand after hitting her with the van, then dumped her body in a creek. Horner has admitted to the murder, claiming it was a panic after the collision, and jurors are deciding whether his sentence will be death or life in prison.
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.
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.
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.
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.
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.
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.
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.
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.
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.
FedEx, along with other U.S. companies, is seeking refunds from the government after a ruling that the Trump-era tariffs were illegal.