During FedEx Freight’s fiscal second quarter ended Nov. 30, revenue fell 1.7% year over year to $2.14 billion. A 2.8% decline in tonnage was partially offset by a 1.1% increase in revenue per ...
This courier company delivers more than just packages. It's delivering consecutive months of stock gains, with a special ...
Freight into a new publicly traded company continues to advance and is expected to be achieved in a tax-efficient manner for FedEx stockholders and executed on June 1, 2026. Once separated, FedEx ...
Marshall Witt's appointment marks a return to familiar ground. He spent 15 years at FedEx earlier in his career, including in senior finance leadership positions at FedEx Freight.
FedEx is conducting a strategic analysis of the company’s less-than-truckload segment and its relative value to the company, suggesting that FedEx Freight could be sold or spun off so the company can ...
This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter. FedEx's upcoming spinoff of its trucking unit is ...
[Stay on top of transportation news: Get TTNews in your inbox.] FedEx Freight informed team members internally May 1 that it will be closing 29 freight locations and furloughing certain job classes.
MEMPHIS, Tenn. - FedEx announced that it will close 29 of its Freight locations and consolidate its operations into other locations. FedEx said that the furlough for certain job classes, starting May ...
FedEx called for a fiscal 2026 revenue growth rate of 5% to 6% year over year, compared with a prior forecast of 4% to 6% revenue growth. It raised the lower end of its per-share earnings forecast to ...
FedEx beats Q2 earnings estimates, updates outlook, and advances its Freight spin-off plans. Get the latest on FDX stock performance and future projections.
Will banks, post offices and shipping services be open on New Year's Eve? Here's what you need to know for Wednesday, Dec. 31 ...