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FedEx Q2 operating income drops 18% on lower Freight revenue
FedEx reported an 18 percent decline in operating income at $1.05 billion for the second quarter ended November 30, 2024...
FedEx to separate FedEx Freight, create two public companies
The Board of Directors of FedEx has approved a proposal to pursue a full separation of FedEx Freight through the capital...
FedEx Q1FY2025 net income drops 27% on low demand
FedEx reported a 27 percent decline in net income at $790 million for the first quarter of fiscal 2025 (quarter...
FedEx Q4 revenue up marginally, net income down 4%
FedEx reported a marginal increase in revenue at $22.1 billion for the fourth quarter ended May 31, 2024 but net income...
FedEx has 37 jets parked, aircraft capex to be reduced
FedEx currently has 37 jet aircraft parked, which is up from 20 last quarter, and is planning to retire nine more MD-11s...
FedEx names Sriram Krishnasamy as Chief Digital & Information Officer
Sriram Krishnasamy, currently EVP and Chief Transformation Officer, FedEx and the President & CEO, FedEx Dataworks,...
Focus on DRIVE, revenue quality improves FedEx operating income
FedEx reported a 19 percent increase in operating income at $1.24 billion for the third quarter ended February 29...
Over 80% U.S. SMB leaders say trade directly benefits them
A vast majority of small- and medium-sized business (SMB) leaders in the U.S. believe trade is essential to growing and...
FedEx to invest $350 million for new hub in Dubai
FedEx Express (FedEx), a subsidiary of FedEx and one of the world’s largest express transportation companies, is...
FedEx announces first-of-its-kind data-driven commerce platform
FedEx announced fdx, the first data-driven commerce platform that connects the entire customer journey for companies to...
FedEx launches Tricolor campaign to drive Express recast
With the rapid growth of e-commerce and as volume mix continues to shift to deferred, FedEx has identified the need to...
FedEx Q2 revenue down 3%, outlook muted
NYSE-listed FedEx reported a three percent decline in adjusted revenue at $22.2 billion for the second quarter ended...