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 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 (NYSE:FDX) plans to spin off its FedEx Freight business, marking a major shift in its corporate structure. The company ...
FedEx projected higher annual revenue for fiscal 2029 and third-quarter earnings that will exceed Wall Street estimates due to an "exceptional" peak season.
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FedEx bets on high-margin verticals, AI and Europe to lift profits
During an investor day call, leadership expanded on the role newly acquired parcel company InPost will play in its European operations.
FedEx has revealed who will be part of the 10-member board of directors on its new freight spin-off. On June 1, FedEx freight ...
FedEx plans to exploit the roughly two petabytes of data it processes daily to enhance network planning, automation, and customer solutions, while Network 2.0 and its Tricolor air strategy are ...
[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 ...
FedEx Freight Holding Co. is raising $3.7 billion in its debut investment-grade dollar bond sale, ahead of its planned June 1 spinoff from FedEx Corp.
FedEx guided for higher annual revenue in fiscal 2029 as it prioritizes its higher-margin businesses.
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