News

FedEx Corp. stock outperforms competitors on strong trading day
Shares of FedEx Corp. rallied 3.55% to $228.91 Friday, on what proved to be an all-around favorable trading session for the ...
FedEx beats earnings estimates, forecasts $1 billion cost savings in the next fiscal year
FedEx said it had achieved its $4 billion cost-cutting goal and will aim to trim another $1 billion in its upcoming fiscal ...
FreightWaves1d
FedEx to close 30% of package facilities as network integration ramps up
FedEx is accelerating the overhaul of its express and package delivery networks to eliminate excess capacity and improve ...
FedEx Stock Slides After Carrier Warns of $170 Million Trade-War Hit
FedEx expects a $170 million financial hit this quarter due to President Trump’s trade war, after a change in tariff rules ...
FedEx says it's in contact with Bastrop residents who say driver hit their dog
BASTROP, Texas — A couple in Bastrop claims a FedEx driver hit and killed their dog. The incident allegedly happened on June ...
FedEx’s profit forecast is sinking the stock, as tariffs weigh on shipments
FedEx Corp. on Tuesday forecast a fiscal first-quarter per-share profit that came in shy of Wall Street’s expectations, ...
FedEx closing Old Oak Ridge station by summer's end, cutting 164 jobs
FedEx says it won't need a Greensboro-area delivery station soon thanks to a network-wide efficiency initiative.
FedEx lays off 131 employees at North Texas facilities
The layoffs will impact 81 employees at the company's facility on Herrmann Drive in Garland and 50 employees at the FedEx ...