FedEx continues to pretty up the nation’s largest less-than-truckload business, FedEx Freight, ahead of a 2026 spinoff.
FedEx Corp. has exercised options to purchase eight additional Boeing 777 freighters from Boeing and pushed back retirement ...
Daily shipments in the most recent quarter fell 5% year over year but Chief Customer Officer Brie Carere said the focus is on ...
FedEx received a handful of zoning variances to expand its Bristol Township terminal, including 36 more truck bays and a ...
We lower our DCF-derived fair value estimate for FedEx to $250 per share, from $261, due primarily to tempering our medium-term freight segment (LTL trucking) revenue and margin assumptions.
In April, US-based Aurora Innovation, which partners with Volvo, Uber and FedEx, plans to commercially deploy up to 10 driverless trucks hauling freight between Dallas and Houston.
-- PROFIT: The delivery giant is expected to post an adjusted profit of $1.12 billion, or $4.56 a share, according to the consensus forecast from analysts surveyed by FactSet. In the same quarter the ...
FedEx Corp. said its bondholders agreed to remove its freight business from its lending documents as a party obligated to help pay the company’s debt, making it easier for the shipping giant to ...
FedEx Corp. said its bondholders agreed to remove its freight business from its lending documents as a party obligated to help pay the company’s debt, making it easier for the shipping giant to ...
NEW YORK] FedEx lowered its full-year guidance for a third consecutive quarter as mounting economic uncertainty adds to ...
FedEx has switched from downsizing to incrementally growing its air cargo fleet by ordering large 777 freighters and ...