UPS, FedEx and New Year
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This courier company delivers more than just packages. It's delivering consecutive months of stock gains, with a special delivery expected in June.
FedEx’s head of its tech department is leaving the company after a monthslong investigation into a personnel matter within his unit, according to a report. Sriram Krishnasamy, the company’s chief digital and information officer, and FedEx had ...
Richard Smith, an executive at FedEx and son of the company’s late founder, Fred Smith, has been nominated for the company’s board of directors, setting the stage for Richard to follow in his father’s footsteps as CEO. FedEx Corp. (NYSE: FDX ...
Recently, Accenture announced that it is working with FedEx to provide AI skills development with its massive, mostly frontline, workforce. it’s expected that up to 500,000 employees will be trained and made comfortable with the AI that the delivery giant now relies on for its daily services.
FedEx shares plunged as much as 5% Wednesday after the company revealed a disappointing profit forecast as President Trump’s tariffs weigh on global transit. The package delivery giant said it expects earnings per share of $3.40 to $4 in the current ...
FedEx said it will shut a Coppell, Texas, logistics site and lay off 856 workers after a customer shifted its business to another provider. The company attributed the cuts to the customer’s relocation decision and noted they will occur in phases through ...
FedEx expects to eat $175 million in extra costs to replace capacity caused by the temporary grounding of MD-11 aircraft, but that’s a blip for a company that just reported a $1.6 billion operating income and a 19% gain in adjusted earnings per share.
In September 2021, several news outlets and websites reported that FedEx had fired a Washington state driver who posted a video online in which he bragged that he had been refusing to deliver packages to customers he deemed to be politically left-leaning ...
FedEx said it incurred $25 million in additional costs in November after last month’s UPS cargo plane crash led to the grounding of all MD-11 planes, including FedEx’s fleet. FedEx expects even higher costs in December,
A FedEx driver made at least half a dozen trips to discard hundreds of packages in a wooded ravine in Blount County, Alabama, according to local authorities investigating the matter. Roughly 450 people were victims of theft, some of them residents of the ...
A FedEx facility was briefly evacuated on Monday morning as crews worked to put out a fire. A video shared with Channel 2 Action News showed a large amount of smoke and flames at the facility on 7585 Factory Shoals Road.
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