FedEx is facing backlash after a report by Dallas Express revealed the company was awarded a $2.2 billion federal contract in 2022 and has since hired hundreds of foreign workers on H-1B visas.

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 expects to incur $175 million in extra costs to overcome lost capacity from the mandatory grounding of its MD-11 air cargo fleet during the peak shipping season and now anticipates the flying ...

Revenue Growth: High single-digit growth in Q2, driven by yield and volume strength across US domestic package services. Adjusted Operating Income: Increased by 17% year-over-year. Adjusted EPS: Grew ...

The first of the holiday season’s shipping deadlines are approaching. Shoppers wanting to get their packages delivered by Christmas Day should note the timelines recommended by FedEx, UPS and the U.S.

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 ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min FedEx has now confirmed at least ...

FedEx Supply Chain Logistics & Electronics, Inc. will lay off more than 850 employees when it closes its Coppell facility in North Texas in 2026. The company filed a letter with the Texas Workforce ...

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 ...

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 ...