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FedEx Q1 net income up 23%, revenue drops 6%
FedEx reported a six percent decline in revenue at $21.7 billion while net income increased 23 percent to $1.08 billion...

FedEx Q4 revenue at $21.9bn, ends fiscal 2023 with $90.2bn revenue
FedEx reported a 10 percent decline in fourth quarter revenue at $21.9 billion compared to $24.4 billion in...

Cargo Shots by The STAT Trade Times - 07 April 2023
Cargo Shots by The STAT Trade Times powered by Group Concorde - 07 April 2023 Our pick of the best news that made...

FedEx to merge FedEx Express, FedEx Services, FedEx Ground
FedEx will consolidate its operating companies into one organisation by June 2024."This phased transition will...

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,...
