The company's Network 2.0 initiative can now go into full swing.

FedEx Corp plans to continue its cost reduction strategy for the next two years. The package delivery company will lay out the next steps on Wednesday to slash $4 billion in permanent costs by the end ...

Shares of FedEx Corp FDX are falling on Tuesday, after the spin-off of FedEx Freight Holding Company Inc FDXF. The ...

FedEx’s massive cost cuts are coming to fruition, enabling the parcel delivery firm to bolster its bottom line as it continues to experience revenue headwinds stemming from weakness in package volume.

FedEx reported mostly steady revenue for the fourth quarter, as the Memphis-based logistics giant remains on pace to make $4 billion in permanent cost reductions by the next fiscal year. The company ...

FedEx Corp.’s ongoing cost-cutting efforts are delivering results, say analysts, who also welcome the package deliverer’s strategic review of its freight business. In its fiscal fourth-quarter results ...

FedEx (FDX) is back in focus after confirming plans to spin off FedEx Freight on June 1, 2026, along with progress on cost programs and rising competitive pressure from Amazon Supply Chain Services.

FedEx reported better-than-expected quarterly earnings and revenue Tuesday as the company announced it had achieved its $4 billion cost-cutting goal and will aim to trim another $1 billion in its ...

The TD Cowen/AFS Freight Index shows that economic and company-made headwinds are impacting the freight industry. The companies project that truckload freight costs will increase slightly by the end ...

LOS ANGELES (Reuters) -FedEx on Tuesday signaled caution for the year ahead and forecast current-quarter profit short of market expectations amid volatile global demand, sending shares of the delivery ...

FedEx Corporation (NYSE:FDX) shares surged as the company reported a strong quarterly performance, surpassing revenue and profit expectations. The company reported adjusted earnings per share of $3.83 ...

Dec 18 (Reuters) - Parcel delivery company FedEx said it was planning ‌for $175 million in unexpected peak-season costs to find trucks and ‌planes to move goods that would have flown on its fleet of ...