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 shares slide as trade turbulence hits demand, profit forecast
By Rashika Singh and Utkarsh Shetti (Reuters) -FedEx shares fell on Wednesday after the logistics giant forecast ...
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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 ...
Memphis airport to be renamed after FedEx founder
Shelby County Airport Authority passed a resolution on Thursday to begin renaming the Memphis International Airport after ...
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, ...