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.
FedEx Corp. pilots are inching closer to a potential strike as negotiations stall on a new labor agreement.
Five years ago, Roland Bolduc was grand champion at the National Truck Driving Championships. He's hoping history repeats itself in August.
FedEx Express Corp. on July 16 said it has entered into equity and commercial agreements with Delhivery, a logistics and supply chain services company in India, which will utilize their combined strengths to unlock India’s international trade potential.
FedEx said its fourth-quarter net income was a loss of $334 million, or negative $1.28 a share, compared with a loss of $1.97 billion, or negative $7.56 a share, in the 2019 period.
FedEx Express is acquiring the international express delivery business of Flying Cargo Group, a company based in Israel that has been a service partner with FedEx since 1990, company officials announced Jan. 15.January 25, 2019
Ryder System Inc. announced it is buying 900 Class 5 electric vehicles from truck maker Chanje Energy Inc., and that FedEx Corp. will lease the vehicles from Ryder and buy 100 of the same all-electric trucks itself.