FedEx is acquiring a 37% stake in European parcel operator InPost as part of a consortium, expanding its out of home delivery reach in e commerce. The company plans to spin off FedEx Freight into an ...
FedEx projected higher annual revenue for fiscal 2029 and third-quarter earnings that will exceed Wall Street estimates due to an "exceptional" peak season.
MEMPHIS, Tenn. - FedEx Corporation intends to separate FedEx Freight from the parent corporation, turning it into a new company. FedEx announced Thursday that its Board of Directors finished an ...
FedEx (NYSE:FDX) plans to spin off its FedEx Freight business, marking a major shift in its corporate structure. The company ...
FedEx Corp. President and CEO Raj Subramaniam said the company's vision is to "make supply chains smarter for everyone.” ...
FedEx will spin off its freight business into a new publicly traded company. FedEx Freight will separate from FedEx over the next 18 months. Express delivery services have seen slowing demand for ...
John A. Smith named President and CEO; R. Brad Martin to serve as Chairman of the Board. “I cannot think of two individuals with more knowledge of, or commitment to, the long-term success of the FedEx ...
FedEx Corp. suspended about 1,400 customers of its Freight shipping service earlier this month, a move that surprised customers and was aimed at easing a congested network taxed by relentless package ...
FedEx Corporation is downgraded from Buy to Hold as the anticipated upside has materialized after a 60% stock surge. Click to read my latest analysis of FDX.
FedEx guided for higher annual revenue in fiscal 2029 as it prioritizes its higher-margin businesses.
[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.
This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. MEMPHIS, Tenn. — FedEx will spin off its ...