FedEx (FDX) earns a Buy rating, driven by a strategic shift toward premium B2B verticals and robust cost reduction programs.
In recent days, FedEx has highlighted growing momentum in premium business-to-business shipping, winning contracts such as ...
[Stay on top of transportation news: Get TTNews in your inbox.] FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.
This courier company delivers more than just packages. It's delivering consecutive months of stock gains, with a special ...
Marshall Witt's appointment marks a return to familiar ground. He spent 15 years at FedEx earlier in his career, including in senior finance leadership positions at FedEx Freight.
MEMPHIS, Tenn. - FedEx announced that it will close 29 of its Freight locations and consolidate its operations into other locations. FedEx said that the furlough for certain job classes, starting May ...
This story was originally published on Trucking Dive. To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. FedEx Freight President Lance Moll will retire Jan. 31 ...
FedEx shares drop after J.P. Morgan abandoned its bullish stance amid increasing worries that the earnings guidance may be too optimistic Shipping giant FedEx Corp. has been downgraded by JP Morgan.
FedEx Freight drivers are delivering large items to homes in five cities — and even moving some inside and helping assemble them — through a new company service, tapping into online shoppers' growing ...
The company remains in cost-cutting mode. On Thursday, FedEx said that its operating results improved in the second quarter, "reflecting strength in U.S. domestic and International Priority package ...
FedEx (NYSE:FDX) said Monday it plans to raise its freight shipping rates by about 4.5% starting in July. The change includes certain FedEx Freight shipments within the U.S., Canada and Mexico, and ...
Editor's note: This story has been updated to show FedEx clarified there have been four rounds of furloughs at FedEx Freight since November. For the fourth time in six months, FedEx Freight has ...