FedEx Corp.’s ongoing cost-cutting efforts are delivering results, say analysts, who also welcome the package deliverer’s strategic review of its freight business. In its fiscal fourth-quarter results ...
FedEx reports fourth-quarter revenue of $22.1 billion, which beat a Street consensus estimate of $22.06 billion. FedEx expects fiscal 2025 revenue to grow in a low-to-mid-single-digit percent range.
Spreads on the parcel-delivery company's bonds were tighter by 5 to 7 basis points FedEx Corp.'s outstanding bonds saw net buying out of the gate on Wednesday, in a positive response to the company's ...
FedEx reports first-quarter financial results after market close Thursday, Sept. 19. Analysts see future value, but are cautious in the short term. Get the data-driven signals to profit from September ...
FedEx Freight will furlough additional workers, the company confirmed Friday, a continuation of several months of cost-cutting measures by the logistics giant. "In response to business conditions ...
"We actually have not done a good enough job in acquiring small customers," Brie Carere told a recent BofA conference. The freight titan’s board has also tapped John Smith to lead the LTL operation ...
Do you work at FedEx? Let us know what you think about the layoffs and cutbacks by filling out the form at the bottom of this article. We will keep all submissions anonymous. On May 2, FedEx announced ...
(Reuters) -Delivery giant FedEx said on Monday it has appointed insider John Smith as CEO of its freight trucking spinoff, FedEx Freight. Smith, who is the chief operating officer of the company's U.S ...
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 ...
(Reuters) -FedEx said on Monday it has appointed former company executive Marshall Witt as the finance chief of its freight trucking unit, effective October 15, completing the leadership team for the ...
FedEx Corp.’s outstanding bonds saw net buying out of the gate on Wednesday, in a positive response to the company’s better-than-expected fiscal fourth-quarter earnings and news of a strategic review ...
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