FedEx received a massive federal delivery contract worth more than $2 billion in late 2022. Not long after that, the company’s hiring pattern began to change in a noticeable way. According to the ...

FedEx Corp. is showing signs of strain from the mandatory grounding of its MD-11 freighter fleet during the year’s busiest shipping season as travel managers are unable to keep up with an ...

In recent months, FedEx has advanced its multi-year DRIVE and Network 2.0 transformation programs, while outlining plans to separate FedEx Freight into an independent, publicly traded company by June ...

FedEx announced some early plans for 2026. Layoffs spike, with 1.6 million U.S. workers laid off monthly, 19.2 million annually. Major employers like Amazon, UPS, and Target are announcing tens of ...

FedEx is closing a third-party logistics operation in Coppell and laying off nearly 900 workers, according to an official WARN notice sent to the Texas Workforce Commission. The Memphis-based shipping ...

The cuts will hit FedEx Supply Chain Logistics & Electronics, Inc., which told state officials it will "discontinue its operation" at the 840 W. Sandy Lake Rd. site after the unnamed customer opted to ...

FedEx Corporation is in transition, with shares rebounding after cost-cutting and an earnings beat, but much optimism is already priced in. FDX's Freight spinoff, tech investments, and efficiency ...

Cases disposed from Oct. 26 to Nov. 1 in Gregg County Civil Court. Cases that end in an “A” were filed in the 188th District Court; “B” in the 124th District Court; and “Ccl2” in the County Court at ...

Boeing, the plane’s manufacturer, said it had recommended the grounding as a precaution while it conducts further analysis. By Francesca Regalado and Qasim Nauman UPS and FedEx, two of the world’s ...

Forbes contributors publish independent expert analyses and insights. Ankita Dhawan is a Delhi-based equities expert analyzing U.S. stocks. Shares of FedEx Corporation (NYSE: FDX) soared more than 5% ...

FedEx's parcel delivery business faces low margins and tough competition, but cost-saving initiatives could boost profits by up to 50%. The planned spin-off of the high-margin freight segment is a key ...

MEMPHIS, Tenn. - The FedEx Supply Chain is laying off employees as the company transitions a portion of its business to a new third-party logistics provider at a different location, the company said.