FedEx will soon provide a single pricing structure for parcel pickups to coincide with restructuring of Express and Ground ...

FedEx will adjust its rates and pricing structure for package pickups on Aug. 18, ... The changes will come as FedEx integrates its Express and Ground operations via its Network 2.0 overhaul.

Poliniak-Cusic assigned the stock a $240 price target. Shares of the Memphis-based transportation company rose about 2% in morning trading on Thursday, moving to within about $5 of that target price.

FedEx is streamlining operations and having its companies collaborate more on deliveries — an effort by the Memphis delivery giant to limber up amid COVID-19 and rapid changes in global trade.