FedEx (FDX) is back in focus after confirming plans to spin off FedEx Freight on June 1, 2026, along with progress on cost programs and rising competitive pressure from Amazon Supply Chain Services.

FedEx Corp. recently advanced a tentative five-year contract with its pilots' union for member ratification, featuring a very large hourly pay increase, back pay, and additional annual raises ...

Dec 18 (Reuters) - Parcel delivery company FedEx said it was planning ‌for $175 million in unexpected peak-season costs to find trucks and ‌planes to move goods that would have flown on its fleet of ...

NEW YORK (AP) — FedEx Corp., the world’s second-largest package delivery company, on Wednesday detailed its plan to boost profit by $1.7 billion annually by shedding jobs, aircraft and underused ...

FedEx reported better-than-expected quarterly earnings and revenue Tuesday. The company announced it had achieved its $4 billion cost-cutting goal and will aim to trim another $1 billion in its ...

FedEx’s massive cost cuts are coming to fruition, enabling the parcel delivery firm to bolster its bottom line as it continues to experience revenue headwinds stemming from weakness in package volume.

FedEx reported mostly steady revenue for the fourth quarter, as the Memphis-based logistics giant remains on pace to make $4 billion in permanent cost reductions by the next fiscal year. The company ...

FedEx Corp.’s ongoing cost-cutting efforts are delivering results, say analysts, who also welcome the package deliverer’s strategic review of its freight business. In its fiscal fourth-quarter results ...

LOS ANGELES (Reuters) -FedEx on Tuesday signaled caution for the year ahead and forecast current-quarter profit short of market expectations amid volatile global demand, sending shares of the delivery ...

While FedEx reported declining revenues across the company in the fourth quarter, officials remain optimistic about the logistics giant’s future. FedEx executives believe the adjustments they have ...