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 ...
US express cargo operator FedEx is working on the expectation that the grounded Boeing MD-11 freighter fleet will return to service in spring next year. Operators of the MD-11F were forced to suspend ...
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 ...
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 has outperformed the S&P 500 with a 33% total return since June, driven by strong Q1 2026 results. FDX reported robust revenue and EPS beats, with operating income up over 20% and margin ...
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 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 ...
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 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 ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min A FedEx subsidiary has announced ...
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