FedEx newsroom
WEBMay 29, 2024 · Press Releases. Global (English) FedEx Releases New Digital Visibility Products. Aug 23, 2024. Global (English) Memphis and Indy Hubs and Ramps in San Juan and Aguadilla, Puerto Rico, Earn CEIV Pharma Certification. Jul 29, 2024. Global (English) FedEx Appoints President of Healthcare.
FedEx consolidation: What we know about restructuring plan
WEBApr 5, 2023 · FedEx has announced a series of cost-cutting measures over recent months due to continually decreasing demand and high operating costs with Wednesday’s news being the latest one. The new single...
FedEx eyes fiscal 2025 profit just above Wall St target, shares soar
WEBJune 25 (Reuters) - FedEx (FDX.N) on Tuesday forecast fiscal 2025 profit above analysts' estimates, and shares in the delivery giant soared as executives said slashing expenses and...
FedEx Launches the fdx Platform
WEB1 day ago · “The FedEx physical and digital network moves over 15 million packages per day globally. With this scale of insight and intelligence, we have a deep understanding of our customers and the needs of their consumers,” said Raj Subramaniam, president and CEO, FedEx Corporation, who shared the news today to thousands of attendees during …
FedEx to combine delivery units as part of $4 billion cost-cut push
WEBLOS ANGELES, April 5 (Reuters) - FedEx Corp (FDX.N) said on Wednesday it will consolidate its separate delivery companies into a single entity, in a move to slash costs and better compete...
FedEx announces planned consolidation of operating companies
WEBApr 5, 2023 · New operating structure will create even greater flexibility, efficiency, and intelligence to unlock value for customers, team members, and stockholders• Company hosts DRIVE Investor Event to provide further detail on progress toward $4 billion in benefits from transformation• Announces 10% dividend increase. MEMPHIS, Tenn., …
FedEx charges ahead with Network 2.0, rolling out to dozens more ...
WEBMar 22, 2024 · FedEx is charging ahead with its plan to combine the delivery operations of its separate Express and Ground units, as “ Network 2.0 ” is now implemented in more than 50 locations across its network, President and CEO Raj Subramaniam said Thursday.
FedEx’s stock soars toward a 3-year high after a profit beat, $5 ...
WEBMar 22, 2024 · FedEx Corp.’s stock soared Friday, after the logistics company beat profit expectations, announced a new $5 billion share repurchase program and said it would continue to cut costs and trim its...
FedEx to combine delivery units as part of a $4 billion cost ... - CNBC
WEBApr 5, 2023 · FedEx said on Wednesday it will consolidate its separate delivery companies into a single entity, as the group slims its bloated infrastructure to compete better with United Parcel Service and...
FedEx tightens 2024 profit forecast on cost cuts, shares jump 13%
WEBMarch 21 (Reuters) - FedEx (FDX.N) narrowed its fiscal 2024 profit forecast on Thursday, raising the bottom end and lowering the top, as cost cuts take hold and share buybacks help offset...