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 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 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 ...

In recent months, FedEx has advanced its multi-year DRIVE and Network 2.0 transformation programs, while outlining plans to separate FedEx Freight into an independent, publicly traded company by June ...

FedEx is closing a third-party logistics operation in Coppell and laying off nearly 900 workers, according to an official WARN notice sent to the Texas Workforce Commission. The Memphis-based shipping ...

FedEx Corporation is in transition, with shares rebounding after cost-cutting and an earnings beat, but much optimism is already priced in. FDX's Freight spinoff, tech investments, and efficiency ...

Forbes contributors publish independent expert analyses and insights. Ankita Dhawan is a Delhi-based equities expert analyzing U.S. stocks. Shares of FedEx Corporation (NYSE: FDX) soared more than 5% ...

FedEx Freight is slated to become an independent, publicly traded company by June 2024, with its shares listed on the NYSE under the ticker FDXF. Despite a 3.1% year-over-year revenue decline in Q1 ...

FedEx will raise the cost of shipping packages in January 2026, the delivery and transportion service has announced. The exact rate increases will vary, but the standard list rates for US package ...

FedEx's parcel delivery business faces low margins and tough competition, but cost-saving initiatives could boost profits by up to 50%. The planned spin-off of the high-margin freight segment is a key ...

With the 2025 PGA Tour regular season officially in the books, the page has turned to the FedEx Cup Playoffs. While this postseason may have similarities to those in recent memory, the 2025 FedEx Cup ...

AutoZone founder Pitt Hyde held a close friendship with late FedEx founder Fred Smith for much of his life. Hyde described him as a “renaissance man" and said he was always impressed with how ...