Harbinger Raises $240 Million in Series D Funding to Expand EV Platform
Electric truck manufacturer Harbinger has secured $240 million in Series D funding, with plans to continue its work delivering 2,000 electric vans to FedEx.
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FedEx has introduced a new AI-powered post-purchase suite for real-time tracking and a secure delivery upgrade called FedEx Authenticated Delivery.
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Electric truck manufacturer Harbinger has secured $240 million in Series D funding, with plans to continue its work delivering 2,000 electric vans to FedEx.
FedEx has finished upgrading a second airside facility at Adolfo Suárez Madrid-Barajas Airport, increasing operational capacity and streamlining customs procedures ahead of the peak shipping season.
Champion FleetCare has been designated as an Optic Truck Works Center to assist with the preparation of FedEx trucks for resale.
FedEx is investing in new automated logistics facilities in Navi Mumbai and Delhi to significantly increase its package processing capacity in India.
FedEx Corporation's Executive Vice President and Chief People Officer, Tracy B. Brightman, sold 26,611 shares of company stock in transactions totaling approximately $8.4 million.
Citigroup has slightly increased its price target for FedEx Corporation, moving it from $373 to $374.