The company’s efforts to combine its Express and Ground networks carry much more risk than the $4 billion of cost cuts that its CEO delivered.

Adjusted earnings in the fiscal first quarter will be US$3.40 to US$4 a share, the company said. Read more at ...

Analysts had already reduced their 2026 profit estimates for FedEx in recent months, worried that weakening consumer ...

"It's difficult to put into words the tremendous loss felt by all who knew Fredrick W. Smith," FedEx CEO and President Raj Subramaniam said.