FedEx (FDX) earns a Buy rating, driven by a strategic shift toward premium B2B verticals and robust cost reduction programs.
This courier company delivers more than just packages. It's delivering consecutive months of stock gains, with a special ...
[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.
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 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 ...
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.
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 ...
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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 ...
FedEx shares drop after J.P. Morgan abandoned its bullish stance amid increasing worries that the earnings guidance may be too optimistic Shipping giant FedEx Corp. has been downgraded by JP Morgan.
FedEx (NYSE:FDX) said Monday it plans to raise its freight shipping rates by about 4.5% starting in July. The change includes certain FedEx Freight shipments within the U.S., Canada and Mexico, and ...
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 ...
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