News

FedEx Corp. stock outperforms competitors on strong trading day
Shares of FedEx Corp. rallied 3.55% to $228.91 Friday, on what proved to be an all-around favorable trading session for the ...
FedEx says it's in contact with Bastrop residents who say driver hit their dog
BASTROP, Texas — A couple in Bastrop claims a FedEx driver hit and killed their dog. The incident allegedly happened on June ...
FedEx closing Old Oak Ridge station by summer's end, cutting 164 jobs
FedEx says it won't need a Greensboro-area delivery station soon thanks to a network-wide efficiency initiative.
FedEx Stock Slides After Carrier Warns of $170 Million Trade-War Hit
FedEx expects a $170 million financial hit this quarter due to President Trump’s trade war, after a change in tariff rules ...
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FedEx to close 30% of package facilities as network integration ramps up
FedEx is accelerating the overhaul of its express and package delivery networks to eliminate excess capacity and improve ...
FedEx beats earnings estimates, forecasts $1 billion cost savings in the next fiscal year
FedEx said it had achieved its $4 billion cost-cutting goal and will aim to trim another $1 billion in its upcoming fiscal ...
FedEx Projects a $170 Million Trade-War Hit This Quarter from Plunging China Shipments
FedEx said it expects fallout from President Trump’s trade war to cut its revenue this quarter by $170 million, after a ...
FedEx shares sink 5% after profit outlook highlights tariff challenges
FedEx on Tuesday signaled caution for the year ahead and forecast current-quarter profit short of market expectations amid ...
FedEx to lay off over 80 employees, company warns
According to a company spokesperson, impacted workers from the FedEx Ship Center in Des Moines were notified "several months ...