FedEx expects to incur $175 million in extra costs to overcome lost capacity from the mandatory grounding of its MD-11 air cargo fleet during the peak shipping season and now anticipates the flying ...
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 ...
American company FedEx has come under fire after a multibillion-dollar federal delivery contract coincided with a sharp increase in the company’s hiring of foreign workers, even as it cut hundreds of ...
Revenue Growth: High single-digit growth in Q2, driven by yield and volume strength across US domestic package services. Adjusted Operating Income: Increased by 17% year-over-year. Adjusted EPS: Grew ...
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 ...
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 reported higher quarterly profits that officials said reflect strength in U.S. domestic and International Priority package yields, continued structural cost cuts and higher U.S. domestic package ...
A lot is going on at FedEx, so the stakes were high for its second-quarter results, reported Thursday evening . Investors were looking for solid results amid trade uncertainty and weak shipping ...
INDIANAPOLIS — It’s Christmas chaos at FedEx right now with people shipping out last-minute gifts for their loved ones. Indianapolis is home to the second-largest FedEx hub in the country. “This is ...
FedEx FDX0.55%increase; green up pointing triangle posted higher revenue in its latest quarter, boosted an increase in package shipments in the U.S. and higher yields on goods across the globe. The ...
All USPS holiday shipping deadlines for 2025 have passed, but locations will be open on Christmas Eve and the Friday after Christmas Day. FedEx and UPS are the only remaining options for sending a ...
A FedEx delivery van is wedged against a utility pole on 29th Street in midtown Sacramento on Monday, Dec. 22, 2025. The vehicle was driving the wrong way on the one-way street before it crashed.
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