FedEx (FDX) earns a Buy rating, driven by a strategic shift toward premium B2B verticals and robust cost reduction programs.
FedEx has adjusted its air network and flying schedule to overcome the loss of grounded MD-11 freighter aircraft, but the changes have overwhelmed staff dedicated to supporting pilots laying over in ...
This courier company delivers more than just packages. It's delivering consecutive months of stock gains, with a special ...
This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter. FedEx's upcoming spinoff of its trucking unit is ...
[Stay on top of transportation news: Get TTNews in your inbox.] FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.
Marshall Witt's appointment marks a return to familiar ground. He spent 15 years at FedEx earlier in his career, including in senior finance leadership positions at FedEx Freight.
MEMPHIS, Tenn. - FedEx announced that it will close 29 of its Freight locations and consolidate its operations into other locations. FedEx said that the furlough for certain job classes, starting May ...
This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. FedEx Freight President Lance Moll will retire Jan. 31 ...
FedEx has already spent hundreds of millions of dollars on the separation process, with more costs expected before the freight division officially spins out as an independent company in June.
FedEx called for a fiscal 2026 revenue growth rate of 5% to 6% year over year, compared with a prior forecast of 4% to 6% revenue growth. It raised the lower end of its per-share earnings forecast to ...
FedEx Freight drivers are delivering large items to homes in five cities — and even moving some inside and helping assemble them — through a new company service, tapping into online shoppers' growing ...
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Why FedEx stock is falling despite earnings surprise and price target hikes
The company remains in cost-cutting mode. On Thursday, FedEx said that its operating results improved in the second quarter, "reflecting strength in U.S. domestic and International Priority package ...
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