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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.
Frederick W. Smith, founder and executive chairman of Memphis-based global freight transportation and logistics services provider FedEx, passed away on Saturday, June 21. Smith was 80. In a message ...
Fred Smith, the founder of FedEx who helped create the overnight delivery industry died at the age of 80 ...
Memorial Day always occurs on the last Monday in May, and this year it falls on May 26, prompting questions about mail services.
Key takeaways: FedEx Freight will split off from its parent company, FedEx Corp., in 2026, with a focus on serving small businesses, e-commerce, and grocery customers.
FedEx Corp. (NYSE: FDX) announced today several leadership roles as the company makes progress to separate its less-than-truckload (LTL) freight division. Jo ...
Easter Sunday falls on April 20 this year. Here's what you need to know about whether banks, post offices and shipping services will be open.
Normal FedEx services will be available on the Saturday before Easter, but FedEx Freight will be closed. FedEx and FedEx Freight will be closed on Easter Sunday. Good Friday is not a federal holiday.
FedEx remains on track to complete its separation, according to its original timeline.
FedEx’s Q1 revenue dipped to $21.6 billion, reflecting lower priority service demand and a sales-mix shift, while net income dropped to $790 million.
Post spin-off, FedEx Freight will be the largest LTL carrier with the broadest network and fastest transit times in its industry.
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 ...