French Competition Watchdog Cracks Down On Price Fixing By 'Delivery Cartel,' Imposes $740M In Fines
The companies, which include the French divisions of FedEx, TNT and DHL Express, were found on Tuesday to have colluded to increase their fees.
The legal action by Prime Now drivers follows a number of similar lawsuits filed by drivers at other technology companies.
TNT Express NV (TNTE) Shares Up Nearly 30% After FedEx Corporation (FDX) Announces It Will Buy European Rival For $4.8B
The deal will give FedEx more clout against UPS and DHL, which dominate the package-delivery business in Europe.
FedEx admitted it delivered the package to the wrong address but says it did not disclose the address to anyone.
Pay a $5 pickup charge and they'll come to your house to send your items anywhere in the world.
November's jobs data are expected to show continued hiring, but a slowdown that could raise wages is around the corner, economists say.
Americans will spend a record $86 billion purchasing gifts online for the 2014 holiday season, according to the latest projections.
The ruling comes a month after a California judge dismissed FedEx’s claim that its drivers are freelancers not direct employees.
FedEx Beat Earnings Forecast By Buying Its Shares; Revenue Up On Higher Margins, Lower Worker Benefits Costs
The shipping company is benefitting from more online commerce, but an aggressive share-buyback program is the real driver.
VIDEO Manchester United 0-0 Inter Milan (5-3 Pens.): Highlights; United Win International Champions Cup Clash On Penalties
After a goalless draw in regulation time, Manchester United beat Inter Milan 5-3 on penalties in the International Champions Cup.
The U.S. Department of Justice charged the shipping company with assisting illegal, online pharmacies to sell drugs -- allegations the company denies.
UPS follows FedEx's lead to include size in shipping prices, but online retailers may shield their customers from new rates.
The international shipping company is looking into an anonymous tip that its employees paid off government officials.
The pricing change is designed to encourage customers to pack light and compact when shipping, to save space and fuel.
Six people were hurt in a shooting at a FedEx Corp. facility, and the suspected gunman died from an apparent self-inflicted gunshot wound, police said.
US Stock Futures Point To Upbeat Start Following Tuesday's Rally, And Ahead Of FOMC Announcement, Janet Yellen Press Conference
Markets will look to the outcome of the two-day Federal Reserve meeting for clues about the future of monetary policy.
This chart shows just why UPS got slammed with much more delivery traffic than it expected over the holiday season.
FedEx's Express Delivery unit, its largest operation, reported that revenue fell in its fiscal second quarter.
You've already made your holiday purchases online, but how can you track your packages through the delivery process?
Amazon CEO Jeffrey Bezos wants to change delivery as we know it. His drones could deliver goods to metropolitan customers, if they’re allowed to fly.
Thanksgiving Flight Time-lapse Video Shows Flood Of US Air Travel And Traffic The Day Before The American Holiday
Several news outlets are quick to say "Thanksgiving Day is the busiest day to fly," but what does U.S. airspace really look like on Nov. 28?
Dan Loeb, founder of $14B Third Point hedge fund, has made plenty of headlines in recent months for his aggressive role as an investor.
Dan Loeb, Founder Of Third Point Hedge Fund, Reveals Long Position In FedEx, Responds To Clooney Criticism
Dan Loeb, founder of the $14B Third Point hedge fund, made plenty of headlines in recent months for his aggressive role as an investor.
Amazon has expanded its reach to include forays into intelligence-community contracts and fashion -- and now Sunday delivery.
Johnson & Johnson (NYSE:JNJ) Accuses Amazon (NASDAQ:AMZN) Of Selling Expired Products; USPS Announces Sunday Delivery Of Amazon Products
A rift between the firms prompted J&J to stop selling some of its products -- including Tylenol, Band-Aids and baby products -- through Amazon.
Hanks believes that genes and his fluctuating weight could have contributed to his medical condition.
Two months ago, Wall Street was convinced Bill Ackman wanted FedEx. Now more than ever, it's clear he doesn't.
Man Receives 11 Pounds Of Marijuana By Mistake, George Burton Finds $24,000 Worth Of Marijuana In FedEx Box [PHOTO]
George Burton of Sacramento, Calif., received 11 pounds of marijuana in the mail.
Tony Parker led the San Antonio Spurs to victory in Game Four, 93-86.
Players Championship 2013: Where To Watch Free Live Online Stream First Round, Tiger Woods, Rory McIlroy, Phil Mickelson At TPC Sawgrass
The 2013 Players Championship kicked off on Thursday in Florida.