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 Warns of Pain Ahead With Tariffs Weighing on Demand
FedEx Corp. warned that its profit would be worse than expected this quarter and declined to offer guidance for the rest of ...
FreightWaves2d
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 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 ...
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 Shares Mixed Outlook as Tariffs Roil International Customers
Even before tariffs were announced, the package-shipping company had been grappling with subdued shipping demand.