FedEx recently encountered criticism following a report from Dallas Express that claimed the company was granted a federal contract worth $2.2 billion in 2022 and has subsequently employed hundreds of ...
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 ...
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 ...
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 ...
FedEx reported higher revenue and earnings for its fiscal second quarter ended Nov. 30, posting net income of $956 million on revenue of $23.5 billion, up 6.8% year over year. Results were near Wall ...
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 ...
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.
INDIANAPOLIS — If you have not received some of your holiday packages yet, you still have some time before Christmas, but the wait can be stressful. The FedEx Hub at the Indianapolis International ...
ROCHESTER, N.Y. — For months, Tim Walsh of 501 Seneca Parkway has been receiving FedEx packages meant for an apartment building at 501 Seneca Manor Drive, located more than three miles away. Despite ...
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 ...
Shares of UPS and FedEx slid Wednesday after the White House said that the U.S. would end the de minimis rule that has allowed packages worth $800 or less to be imported duty-free. It had already ...
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