FedEx Confirms Layoffs in Memphis

FedEx confirms 'small number' of layoffs

Memphis-based FedEx reducing 'small number' of positions

FedEx has confirmed the layoff of a small number of workers in the greater Memphis area as part of efforts to streamline and realign functions. The company employs about 30,000 people in the region.

FedEx Corporation

FedEx Hit With Disability Bias Suit From Deaf Ex-Employee

FedEx is facing a disability discrimination lawsuit from Ethan Pritchard, a deaf former employee, who claims the company failed to provide reasonable accommodations and created a hostile work environment.

FedEx Economic Impact Report Showcases Impact on India's Growth and Sustainability Commitment

FedEx Economic Impact Report Showcases 'FedEx Effect' on Driving India's Growth and Commitment to Sustainability

FedEx released its annual economic impact report, showcasing the company's contributions to India's logistics infrastructure and global trade. The company contributed 0.1% to net economic output in the Transportation, Storage, and Communications sector and invested in modernizing the gateway facility at the New Delhi Cargo Complex, enhancing export capabilities and reducing transit times.

FedEx Rating Increased to Buy at StockNews.com

FedEx (NYSE:FDX) Rating Increased to Buy at StockNews.com

FedEx's stock rating was upgraded to 'buy' from 'hold' by StockNews.com, reflecting increased optimism towards the company's stock performance. Various financial institutions have provided mixed but generally positive outlooks, with Citigroup boosting their price objective and several others maintaining 'buy' ratings despite slight adjustments in target prices. FedEx reported $3.60 EPS for the quarter ending September 19th, slightly below analysts' consensus estimates.

FedEx and UPS Face Industry Challenges

FedEx, UPS, Battle Lower Volumes, Short Christmas Season and More

FedEx and UPS are facing challenges including lower-than-expected revenue, a shorter-than-usual Christmas season, increased competition from Amazon and the US Postal Service, and pressure to offer discounts to smaller shippers.  Both companies have implemented cost-cutting measures in recent years.

FedEx Strengthens Capabilities in Latin America with New Flight Routes

FedEx strengthens capabilities in Latin America with new flight routes

FedEx strengthens Latin American operations with new flight routes

FedEx Expands Presence In Latin America And The Caribbean As New Member Of ALTA, Strengthening Regional Air Transportation And Economic Growth

FedEx launched new flight routes in Central and South America, connecting key markets with Miami. These new routes enhance FedEx's shipping capabilities and connectivity, benefiting sectors such as flowers, coffee, cacao, seeds, high-tech, and automotive industries. The new flights underscore FedEx's growth strategy in the region.

FedEx Expands Employment and Enhances Healthcare Capabilities

U.S. Cargo and Passenger Airlines Gained 9,326 Jobs in September 2024

FedEx strengthens healthcare capabilities in Asia Pacific with expansion of its Life Sciences center in Korea

FedEx Corporation significantly increased its workforce by adding 8,561 jobs in September 2024, reflecting growth in the U.S. airline industry. Additionally, FedEx expanded its Life Sciences Center in Korea to meet the growing healthcare logistics needs in the Asia Pacific region. The new facility includes advanced temperature-controlled areas and enhances FedEx's capabilities for critical healthcare shipments.

FedEx to Offer Services at New Wisconsin Business

Biz Buzz Monday: Potosi business mixes co-working space, retail, shipping

Pages and Parcels, a new business in Potosi, Wisconsin, plans to offer FedEx shipping services alongside USPS and UPS.  This is part of a larger business venture that includes a co-working space called The Hub.

FedEx Continues Operations on Veterans Day

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Veterans Day 2024: Who’s open, closed & giving away freebies

Are banks, post offices, UPS and FedEx open on Veterans Day? Here's what to know

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Veterans Day 2024: Schools, banks and outlets closed and open across US

What’s open and closed on Veterans Day 2024? Banks, stock markets, USPS, stores, and more

Are banks, post offices and schools closed in Wisconsin on Veterans Day? Here's what to know

FedEx will continue its operations on Veterans Day, offering pickup and delivery services. FedEx Office locations will also be open on this day.

CWA Asset Management Group LLC and Others Invest in FedEx

CWA Asset Management Group LLC Buys Shares of 4,312 FedEx Co. (NYSE:FDX)

Versor Investments LP Invests $2.10 Million in FedEx Co. (NYSE:FDX)

FedEx Co. (NYSE:FDX) Shares Bought by Los Angeles Capital Management LLC

Rep. Marjorie Taylor Greene Buys FedEx Co. (NYSE:FDX) Stock

Crossmark Global Holdings Inc. Sells 3,738 Shares of FedEx Co. (NYSE:FDX)

Several investment firms, including CWA Asset Management Group LLC, purchased shares of FedEx stock during recent quarters.  This indicates investor confidence in the company, although FedEx's recent earnings per share (EPS) missed estimates.

FedEx Corporation is an American multinational conglomerate holding company focused on transportation, e-commerce, and business services based in Memphis, Tennessee. It is best known for its air delivery service, FedEx Express, which was one of the first major shipping companies to offer overnight delivery as a flagship service.

FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. The company's FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; time-critical transportation services; and cross-border enablement, technology, and e-commerce transportation solutions. Its FedEx Ground segment provides day-certain delivery services to businesses and residences. The company's FedEx Freight segment offers less-than-truckload freight transportation services. As of May 31, 2022, this segment had approximately 30,000 vehicles and 400 service centers. Its FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection, and back-office support services. The company's Corporate, Other and Eliminations segment offers integrated supply chain management solutions, specialty transportation, customs brokerage, and global ocean and air freight forwarding services; and document and business services, as well as retail access to its customers for its package transportation businesses. FedEx Corporation was founded in 1971 and is based in Memphis, Tennessee.

COM:FEDEX

FedEx Corporation

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