Hurricane Francine is already throwing a wrench in some logistics operations in the Gulf Coast ahead of its expected landfall ...
or FedEx Office—to innovate independently. “When you leave business segments to innovate and grow, and scale, and focus inside of the very specific tasks that they need to perform, it is an ...
MEMPHIS, Tenn. (AP) — MEMPHIS, Tenn. (AP) — FedEx Corp. (FDX) on Thursday reported fiscal first-quarter net income of $794 million. On a per-share basis, the Memphis, Tennessee-based company ...
FedEx will be closing its Port Huron Township Ship Center effective Saturday, Sept. 28. Austin Kemker, communications ...
FedEx's unprofitable USPS air contract, which accounted for about $1.75 billion in revenue to FedEx during the postal service's latest fiscal year, will end on Sept. 29. UPS picked up that business.
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this year, a sign of possible cooling in the wider economy. The company ...
Raj Subramaniam became FedEx’s second ever CEO in the company’s 53-year history when he replaced founder Fred Smith in June 2022. It was a difficult time to take the helm: after the exuberance ...
Sept 19 (Reuters) - FedEx (FDX.N), opens new tab reported a steep quarterly profit drop and lowered its full-year revenue forecast on Thursday after its customers continued to trade down from ...
The remainder comes from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel ...
By Shivansh Tiwary and Lisa Baertlein (Reuters) -Shares of FedEx slumped almost 16% on Friday, the worst in two years, after a dismal first-quarter profit drop due to anemic economic conditions ...