News

FedEx Corp. has announced some of the new leaders for its less-than-truckload unit that is expected to be spun off into a new publicly traded company by June 2026. John Smith, who is currently the ...
FedEx Corp. has named John A. Smith as President and CEO of FedEx Freight and R. Brad Martin as Chairman of the Board. Both Smith and Martin currently hold leadership positions at FedEx Corp. and ...
FedEx and Amazon have signed a multiyear agreement for residential delivery of select large packages. This agreement follows UPS' decision to reduce its less-profitable Amazon deliveries and cut jobs.
Amazon and FedEx have entered a package delivery deal. Business Insider reported, citing an internal document, that a new agreement between the e-commerce giant and delivery company was inked in ...
Amazon has partnered with FedEx to fill some delivery gaps left by UPS. UPS announced earlier this year that it would significantly reduce deliveries for Amazon. FedEx and Amazon had cut ties in ...
FedEx has redeployed another large freighter from its overnight parcel network to its daytime operation focused on deferred cargo as it pursues more business from freight forwarders. The ...
A FedEx shipping center at 117 W. 17th St. in Erie will close its doors in June as part of a companywide effort to streamline operations. FedEx, which also operates other facilities in Erie County ...
FedEx Corp. late Thursday cut its profit outlook for a third straight quarter, saying that it reflected “continued weakness and uncertainty in the U.S. industrial economy.” The demand weakness ...
A FedEx cargo plane made an emergency landing at New Jersey's Newark Liberty International Airport after a bird strike caused an engine fire. Air traffic was briefly halted after the emergency ...
It has been a challenging period for the package delivery industry. To unlock more value, FedEx plans to spin off its freight business. UPS is an exciting turnaround play, and its stock offers a ...