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Most of the world's remaining Airbus A300s are freighters in service with three of the world's largest cargo companies.
Many businesses are diverting parcel shipments to cheaper carriers as FedEx and UPS hike rates and surcharges, according to the latest TD Cowen/AFS Freight Index. The post FedEx and UPS cease ...
Sriram Krishnasamy had served as FedEx's executive vice president, chief digital and information officer, and chief transformation officer.
The standings for the 2025 FedEx Cup, the PGA Tour's season-long race to crown a champion.
FedEx confirms over 400 layoffs across five facilities as part of its Network 2.0 initiative, aiming to save $2 billion annually through 2027.
FedEx will close one of its facilities in Omaha in September as part of a multi-year consolidation.
The layoffs will impact 81 employees at the company's facility on Herrmann Drive in Garland and 50 employees at the FedEx facility on Capital Avenue in Plano.
FedEx shares fell as much as 5.8% on Wednesday after the parcel delivery giant forecast first-quarter profit below Wall Street estimates and withheld its outlook for the year, citing uncertainty ...
FedEx shares plunged 2.4% Wednesday after the shipping giant revealed a disappointing profit forecast as President Trump’s tariffs weigh on global transit.
FedEx cites China tariffs and end of de minimis rule as key drivers of a $170 million hit, prompting it to cut its annual forecast for the year.
Fred Smith, who pioneered the express delivery industry when he founded FedEx more than 50 years ago, died at the age of 80 in Memphis, Tenn., on Saturday, June 21.
FedEx shares fell in extended trading Tuesday as the shipping giant suspended its full-year forecast.