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FedEx confirms layoffs in Memphis and U.S., cutting about 70 jobs amid ongoing cost-cutting efforts and business efficiency measures.
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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 Corp. warned that its profit would be worse than expected this quarter and declined to offer guidance for the rest of the year, underscoring the significant impact that President Donald ...
His vision for how to ship packages overnight led to not just a new company, but also a new sector of the world economy and a now-familiar English verb.
Frederick Smith, who founded global delivery behemoth FedEx Corp. with little more than a dozen planes in the 1970s, has died at the age of 80, the company’s CEO Raj Subramaniam said in a memo ...
FedEx founder Fred Smith, whose express shipping company set the standard for absolutely, positively overnight delivery, has died.
MEMPHIS, Tenn. (AP) — Fred Smith, the FedEx Corp. founder who revolutionized the express delivery industry, has died, the company said. He was 80. FedEx started operating in 1973, delivering ...