FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
By Shivansh Tiwary and Lisa Baertlein (Reuters) -Shares of FedEx slumped almost 16% on Friday, the worst in two years, after ...
FedEx Freight, the less-than-truckload segment, was negatively impacted by a decline in weight per shipment and reduced ...
Analyst David Vernon of Bernstein maintained a Buy rating on FedEx (FDX – Research Report), with a price target of $337.00. David Vernon ...
On Thursday after market close, FedEx Corporation (NYSE: FDX) issued its first quarter results as it undergoes a significant ...
FedEx came up short on top and bottom lines, and guidance revisions suggest there is more bad news to come in fiscal 2025.
The Equal Employment Opportunity Commission sued FedEx on Friday, accusing the package delivery giant of placing disabled ...
FedEx also saw its adjusted operating margin expand by 40 bps to 8.5% in Q4’24. This clubbed with a 2% decline in average ...
FedEx Corp. cut the top end of its full-year profit outlook and reported quarterly earnings below expectations on softer ...
FedEx will also use 10 zero-emission Modec electric delivery vehicles in the United Kingdom. FedEx Express has more than 320 LPG and electric-powered support units in use at the Roissy Charles de ...
Subramaniam is leading a complex restructuring at FedEx that involves slashing billions of dollars in overheads and merging its separate Ground and Express delivery units. Cost cuts failed to ...
By Shivansh Tiwary, Lisa Baertlein (Reuters) -Shares of FedEx slumped over 15% on Friday, the worst in two years, after a ...