A former FedEx cargo jet embarked on a final journey April 6 — not in the air but instead carefully hauled on an Alaskan highway at 20 mph from Anchorage’s Merrill Field airport to Big Lake.
FedEx Corp. will combine nearly all of its ground, air and other operations by June 2024 as part of a $4 billion cost-cutting initiative, the company announced April 5.
FedEx Corp.’s shares jumped the most in nine months after the courier boosted its profit outlook, signaling efforts to cut costs are helping counter a decline in package volume.March 17, 2023
FedEx Corp. pilots are inching closer to a potential strike as negotiations stall on a new labor agreement.
FedEx Corp. is cutting global officer and director jobs by more than 10%, the courier’s latest cost-saving measure as economic concerns and waning e-commerce weigh on demand for package delivery.February 1, 2023
FedEx Corp. is rolling out a new system for evaluating its delivery contractors that rank them like Olympic medal winners.January 31, 2023
Fred Smith, the founder of FedEx, believes that if you’ve done well, you should give back to the public interest.
FedEx Corp. plans to scale back even more on Sunday package deliveries as the courier grapples with faltering e-commerce demand.January 10, 2023
FedEx Corp. on Dec. 20 reported fiscal-year, second-quarter income that beat Wall Street expectations and revenue that fell below expectations.