A wide-ranging corporate cost reduction initiative announced late Thursday at FedEx Corp. will lead to the reduction of Sunday deliveries in an unspecified number of FedEx Ground locations.

FedEx did not disclose the exact number of layoffs or the locations of the positions, but said it was a “small percentage of IT and Finance positions.” The company employs about 30,000 in the ...

Both FedEx Ground and FedEx Freight saw their operating profit jump significantly in Q3, while FedEx's $3.41 in earnings per share (EPS) in the third quarter landed well above the $2.74 consensus ...

People hoping to get their holiday shopping delivered on time could be caught in the middle of a growing battle between FedEx and thousands of contractors who deliver most FedEx packages. Many of the ...

FedEx Ground's largest contractor criticizes the delivery company for touting revenue margins while leaving its contractors to pay for high diesel prices and vehicle costs.

FedEx Corp. will combine nearly all of its ground, air and other operations by June 2024 as part of a $4 billion cost-cutting initiative, the company announced April 5.

FedEx Ground contractors have various long-standing grievances. High on the list is FedEx's move to seven-days-a-week service in May 2019 — many say there's not enough demand on Sundays to make ...

Spencer Patton, one of FedEx Ground’s largest delivery contractors, speaks at a conference he hosted in Las Vegas, Nevada, U.S., August 20, 2022.

After his franchise-record-breaking performance Sunday, Cincinnati Bengals running back Joe Mixon has been nominated for the Week 9 FedEx Ground NFL Player of the Week.

Shares in FedEx rose 2.4% to $198.47 as investors applauded the move, which signals progress on the company’s plan to slash expenses by $3.7 billion this year.

FedEx workers stand around near a FedEx Ground truck in New York City on March 16, 2021 in New York City. Alexi Rosenfeld/Getty Images 2022-07-28T14:44:20Z ...

People hoping to get their holiday shopping delivered on time could be caught in the middle of a growing battle between FedEx and thousands of contractors who deliver ...