On December 19, 2024, FedEx Corp. (NYSE: FDX, $278.66, Market Capitalization: $67.1 billion) announced that its Board of Directors had concluded a comprehensive assessment of the role of FedEx Freight as part of its portfolio and has decided to pursue a ...

This courier company delivers more than just packages. It's delivering consecutive months of stock gains, with a special delivery expected in June.

FedEx expects to eat $175 million in extra costs to replace capacity caused by the temporary grounding of MD-11 aircraft, but that’s a blip for a company that just reported a $1.6 billion operating income and a 19% gain in adjusted earnings per share.

The MD-11 fleet was grounded in late 2025 after an emergency FAA Airworthiness Directive mandated inspections for fatigue cracking in the left engine's pylon, which caused a recent crash.

FedEx has already spent hundreds of millions of dollars on the separation process, with more costs expected before the freight division officially spins out as an independent company in June.

Carrier shifts volume to alternative aircraft and third-party lift as 25 MD-11Fs remain out of service through peak season

A lot is going on at FedEx, so the stakes were high for its second-quarter results, reported Thursday evening. Investors were looking for solid results amid trade uncertainty and weak shipping markets amid the peak shipping season, and the company delivered.

During FedEx Freight’s fiscal second quarter ended Nov. 30, revenue fell 1.7% year over year to $2.14 billion. A 2.8% decline in tonnage was partially offset by a 1.1% increase in revenue per hundredweight, or yield.

This is an archived article and the information in the article may be outdated.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. A FedEx cargo plane made an emergency landing at a busy New Jersey airport on Saturday after a bird ...