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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.
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.
FedEx reported gains in fourth-quarter revenue and earnings on the heels of a profitability initiative that helped counter market headwinds, but cut its guidance amid trade worries.
FedEx shares fell in extended trading Tuesday as the shipping giant suspended its full-year forecast.
FedEx reported fourth-quarter revenue of $22.2 billion, beating analyst estimates of $21.84 billion, according to Benzinga Pro.
FedEx said it had achieved its $4 billion cost-cutting goal and will aim to trim another $1 billion in its upcoming fiscal year.