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FedEx Q3 revenue down 6%, operating income drops 20%
FedEx reported a six percent decline in revenue at $22.2 billion for the third quarter ended February 28, 2023 on...
Cargo Shots by The STAT Trade Times - 03 February 2023
Cargo Shots by The STAT Trade Times powered by Group Concorde - 03 February 2023 Our pick of the best news that made...
FedEx lays off 10% global management staff
FedEx announced plans to reduce the "size of officer and director team by more than 10 percent and consolidate some...
FedEx DRIVE to save $4bn by FY25
FedEx is banking on its DRIVE programme to reduce more than $4 billion in structural costs by FY25.Managed by Sriram...
FedEx Q2 net income drops 24% to $788mn
FedEx reported a 24 percent decline in net income to $788 million for the second quarter ended November 30, 2022...
FedEx Impact: $20bn additional economic output
Business activities by FedEx create an estimated $20 billion in additional net economic output around the world,...
Shocker: FedEx withdraws 2023 earnings forecast
In an unexpected development after poor Q1 performance, NYSE-listed FedEx withdrew its fiscal year 2023 earnings...
FedEx reports $93 billion revenue for FY2022
NYSE-listed FedEx reported a 11 percent increase in consolidated revenue at $93.5 billion for the fiscal ended May 31,...
FedEx promotes Brie Carere as Chief Customer Officer
FedEx Corp has promoted Brie Carere, Chief Marketing and Communications Officer, to be the company's first Chief...
Raj Subramaniam to become president and CEO of FedEx Corporation
FedEx Corp announced that effective June 1, 2022, Frederick W. Smith, chairman and chief executive officer, will become...
FedEx completes one-year of delivering first Covid-19 vaccine
FedEx Express, a subsidiary of FedEx Corp. delivered the first shipments of the Covid-19 vaccines to dosing centers in...
FedEx Q1 profit down 7 percent on labour shortfall
US delivery firm FedEx reported a 7 percent decline in first quarter profit to $1.19 billion for the first quarter ended...