FedEx President and CEO Raj Subramaniam said the Q2 performance was especially good given global trade policy changes and air ...
FedEx expects to eat $175 million in extra costs to replace capacity caused by the temporary grounding of MD-11 aircraft, but that’s a blip for a company that just reported a $1.6 billion operating ...
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Grounded MD-11 planes could cost FedEx $175 million in peak season, drag on near-term profit
Parcel delivery company FedEx said it was planning for $175 million in unexpected peak-season costs to find trucks and planes ...
FedEx (NYSE:FDX) just waved a red flagand it's not a small one. The logistics giant saw freight volumes between China and the U.S. deteriorate sharply in May, thanks to rising tariffs and a rule ...
During FedEx Freight’s fiscal second quarter ended Nov. 30, revenue fell 1.7% year over year to $2.14 billion. A 2.8% decline ...
FedEx outpaces the S&P 500 with strong earnings, margin gains, and steady outlook. Click here to see if FDX is a buy or hold.
FedEx Corp. is in the early stages of a seven-year, $1.5 billion expansion that will dramatically increase the Indianapolis hub’s package-handling capabilities and enlarge its physical footprint at ...
MEMPHIS, Tenn. (AP) — FedEx said Wednesday that it is investing more than $1 billion to modernize and expand its Tennessee hub, in a move the shipping giant says will improve its efficiency and ...
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Tariffs hit FedEx with $1 billion
FedEx Corp. has issued a stark warning: trade volatility and tariffs tied to U.S. policy are set to cut its operating profit by roughly $1 billion this year. According to Chief Financial Officer John ...
FedEx announced a $1 million grant for a new program the company said will be used to help women and people of color expand e-commerce operations. A large part of that money will be spent by handing ...
FedEx on Wednesday announced a $1 billion upgrade of its world hub in Memphis, an investment that will ensure its future as the nerve center of a $62 billion a year global network. FedEx Express ...
FedEx is still the king of cargo airlines, while rival UPS dropped a notch, according to a new report from the International Air Transport Association. FedEx ranked first among airlines in 2018 in ...
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