News

FedEx’s delivery mess is about to hit your doorstep
Anyone who’s ever waited for a delivery knows the drill. You get the shipping confirmation. You check the tracking page ...
FreightWaves17h
FedEx to close 30% of package facilities as network integration ramps up
FedEx is accelerating the overhaul of its express and package delivery networks to eliminate excess capacity and improve ...
FedEx driver rescued after truck gets stuck in high water
HFD Captain Beau Morena shared photos of a FedEx truck that was stuck in high water as a rescue was underway. Moreno said the ...
FedEx Stock Slides After Carrier Warns of $170 Million Trade-War Hit
FedEx expects a $170 million financial hit this quarter due to President Trump’s trade war, after a change in tariff rules ...
FedEx leaders pay tribute to Fred Smith: 'His legacy will be felt for years to come'
"It's difficult to put into words the tremendous loss felt by all who knew Frederick W. Smith," FedEx CEO and President Raj ...
FedEx beats earnings estimates, forecasts $1 billion cost savings in the next fiscal year
FedEx said it had achieved its $4 billion cost-cutting goal and will aim to trim another $1 billion in its upcoming fiscal ...
Fascinating facts about FedEx founder Fred Smith: From A (Alcon) to Z (Zebra)
FedEx founder Fred Smith was a complex character with numerous interests. Here's a look at some perhaps under-reported aspects of his life.
From Saks to shipping: R. Brad Martin's path through executive ranks to FedEx chairman
FedEx announced a new board chairman following the death of Fred Smith, as R. Brad Martin, a businessman with a long history ...
FedEx Shares Mixed Outlook as Tariffs Roil International Customers
Even before tariffs were announced, the package-shipping company had been grappling with subdued shipping demand.
FedEx Has More to Worry About Than Tariffs and a Freight Slump
The company’s efforts to combine its Express and Ground networks carry much more risk than the $4 billion of cost cuts that ...