FedEx is facing backlash after a report by Dallas Express revealed the company was awarded a $2.2 billion federal contract in 2022 and has since hired hundreds of foreign workers on H-1B visas.
On December 19, 2024, FedEx Corp. (NYSE: FDX, $278.66, Market Capitalization: $67.1 billion) announced that its Board of Directors had concluded a comprehensive assessment of the role of FedEx Freight ...
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 ...
FedEx reported better-than-expected quarterly earnings and revenue Tuesday as the company announced it had achieved its $4 billion cost-cutting goal and will aim to trim another $1 billion in its ...
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 (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 ...
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 ...
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 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 ...
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 ...