Buzzword of the Week: Drive

Once a clearly defined term that meant “to use force to compel or control a physical thing,” drive has become one of the most insidious and overused buzzwords in the business lexicon. What’s being driven now is often intangib…

‘Free Shipping Day’ Underscores Amazon’s Juggernaut

Hundreds of e-tailers will offer free shipping today to encourage shoppers to hit the “buy” button in the final run-up to Christmas. It’s a good incentive for last-minute shoppers, and it’s an attempt to keep up with Amazon’s s…

FedEx Earnings Miss Wall Street Estimates, Raises Outlook

Shipping company FedEx (FDX), often seen as a bellwether of the economy, reported Wednesday that net income in its fiscal 2011 second-quarter declined 18% from a year ago period, even as revenue climbed 12%. Both income and revenue missed Wall Street e…

FedEx Gears Up for Busiest Day of 2010

FedEx (FDX) is gearing up its busiest day of the year, confident that holiday shopping will help push traffic above its 2009 peak.

The Memphis, Tenn.- based shipping giant, expects to handle about 16 million packages worldwide today, according to The…