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French shipping company to buy FedEx logistics arm for $1.4B

July 1, 2026

CMA CGM Group said the acquisition will triple the size of its own logistics arm, CEVA Logistics, and help build its presence as a contract logistics provider in North America.

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FedEx reinstates profit forecast, but expects $1B hit as tariffs upend parcel business

September 19, 2025

FedEx is typically seen as a predictor of where the larger economy is headed because of its connections to businesses across the consumer and industrial sectors.

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FedEx shares fall after profit outlook is cut again on economic woes

March 21, 2025 | Bloomberg News

An economic bellwether because of its broad exposure to the global economy, FedEx said its latest outlook assumes the global economic, political and trade environment doesn’t worsen any further.

FedEx combining air, ground, other operations to slash costs

April 5, 2023 | Associated Press

The package delivery company said Wednesday that FedEx Express, FedEx Ground, FedEx Services and other FedEx operating companies will be rolled into a single entity in a companywide reorganization designed to save $4 billion.

FedEx Supply Chain to lay off 179 employees in Indianapolis

December 6, 2022 | Alex Brown, Inside INdiana Business

The company said the decision is part of a move to discontinue its management and operation of a facility on the city’s west side.

Judge dismisses FedEx from Indianapolis shooting lawsuit

October 19, 2022 | Associated Press

The lawsuit was filed by relatives of five of the eight people who were fatally shot last year at an Indianapolis warehouse by a former employee of the shipping giant.

FedEx to close 90-plus stores, put off hiring as demand slumps

September 15, 2022 | Associated Press

The company warned it will likely miss Wall Street’s profit target for its fiscal first quarter that ended Aug. 31. And it said it expects business conditions to further weaken in the current quarter amid weaker global volume.

FedEx reduces U.S. Sunday deliveries as e-commerce cools

July 22, 2022 | Bloomberg News

FedEx accelerated the rollout of Sunday service in 2020 to handle an historic increase of residential deliveries after COVID-19 spurred lockdowns to stem the spread of the virus.

Five families file suit against FedEx, security firm nearly a year after mass shooting

April 11, 2022 | IBJ Staff and Indiana Lawyer Staff

The shooting occurred at a FedEx Ground facility near the Indianapolis International Airport on April 15. Brandon Hole, a former employee, shot and killed eight people within minutes, before turning a gun on himself.

2021 Year in Review: Former employee kills eight at FedEx facility

December 31, 2021 |

Leslie Bonilla Muñiz

The mass shooting at a FedEx facility near the Indianapolis International Airport in April made national headlines and reignited debate over a state law designed to keep firearms out of the hands of those who pose a danger to themselves or others.

FedEx shooting victims ask Indianapolis for $2.1 million

November 17, 2021 | Associated Press

Lawyers for the victims said the Indianapolis Metropolitan Police Department and the Marion County Prosecutor’s Office failed to follow Indiana’s red flag law when they decided not to file a case with the courts to suspend the shooter’s gun rights in March of 2020.

Tight job market causing costs to rise at FedEx

September 21, 2021 | Associated Press

The package delivery company said Tuesday that its costs are up $450 million in the most recent quarter, as it paid higher wages as it got harder to find new workers and demand for shipping increased.

Police say Indianapolis FedEx shooter not motivated by race, ethnicity

July 28, 2021 | Associated Press

Four of the eight people killed by Brandon Scott Hole on April 15 were members of the city’s Sikh community, but investigators said Wednesday he did not appear to be motivated by bias. Rather, Hole was suicidal and wanted to “demonstrate his masculinity.”

Safety expert: Make a plan, be ready to execute

April 23, 2021 |

Mickey Shuey

Eric Dietz, director of Purdue University’s Homeland Security Institute, says businesses should have “active shooter” emergency drills just as they have fire drills.

Policy forbidding cell phones at work not limited to FedEx

April 23, 2021 |

Susan Orr

From safety concerns to productivity and data security, there are many reasons why companies may limit employee access to cell phones. Some FedEx employees said the company’s no-phone policy delayed contact with loved ones after the mass shooting on April 15.

FedEx facility near airport reopens following mass shooting

April 22, 2021 |

Susan Orr

FedEx said it plans to gradually ramp up operations. Employees were given the choice whether to return to work on Wednesday. Meanwhile, the company said it has donated $1 million to a survivor’s fund.

Marion County prosecutor did not ‘red flag’ suspected FedEx shooter after gun incident last year

April 19, 2021 |

John Russell

Ryan Mears said he did not “red flag” the FedEx shooter because his family agreed to give up a shotgun and mental health professionals did not commit him to a psych ward or prescribe additional medication.

Scrutiny grows over whether officials enforced ‘red flag’ law in case of FedEx shooter

April 18, 2021 |

John Russell and

Mickey Shuey

The Marion County Prosecutor’s Office has not said whether it sought to have Brandon Hole declared a dangerous person after a 2020 incident in which his mother told police he was suicidal. If a court had ruled he was dangerous, state law could have prevented him from buying another gun.

‘Assault rifles’ used in FedEx shooting were purchased legally, police say

April 17, 2021 |

Mickey Shuey

Brandon Scott Hole, a former FedEx employee who apparently killed himself after the rampage, purchased the guns in July and September, police said.

FedEx shooter’s family releases statement: We tried to get him help

April 17, 2021 | IBJ Staff

Police say Brandon Scott Hole’s mother last year called the police about her son, fearing that he might commit suicide. Police seized a gun from him at that time.

FedEx workers likely to suffer trauma, need support after mass shooting

April 16, 2021 |

John Russell

Mental health counselors say it’s important for workers in such situations get immediate and ongoing care to help them get through the trauma.

JULY 3-9, 2026

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