FedEx reported revenue of $21.6 billion and adjusted earnings of $3.60 per share, well below our estimates of $22.1 billion, ...
FedEx (FDX) shares plummeted after disappointing guidance, prompting downgrades from Morgan Stanley and Wells Fargo.
Baird maintained its Outperform rating, but lowered the price target from $340 to $320. Shipping-peer UPS's shares are moving ...
(Reuters) - FedEx Corp shares slumped on Friday after the parcel giant cut its annual revenue forecast and reported a sharp ...
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
FedEx reported a drop in first-quarter profit on Thursday and lowered the top end of its annual profit forecast as demand in ...
FedEx’s results were dragged down by weaker-than-expected demand, particularly in the U.S. domestic package market.
Islanders on Chincoteague are facing challenges with shipping and returning packages, as using UPS services now requires a ...
The shipments component of the Cass Freight Index rose 1.0% month-over-month in August to slow down from a 3.0% increase in ...
FedEx is undergoing a significant transformation under CEO Raj Subramaniam, aiming to cut costs. Read why I upgrade FDX stock ...
After a successful pilot program, FedEx is expanding its electric delivery fleet with the purchase of 15 Workhorse W56 ...
Of the 106,000 new delivery vehicles planned for purchase by 2028, 60,000 are NGDVs. Though exact prices are difficult to ...