FedEx is positioned for long-term growth through cost-cutting, AI-driven efficiency, and e-commerce tailwinds despite ...

The son of the late FedEx founder has been nominated to the board of directors, in what could be an initial step in his ...

The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $284.24, a high ...

Experts say bundled agreements for LTL and parcel delivery services from the carrier are on the outs, potentially incentivizing customers to explore other trucking options.

FedEx also cut its profit estimates for its 2025 fiscal year in earnings released on Thursday and cited a " challenging demand environment." It said it had seen lower-than-expected FedEx Freight ...

What we know about FedEx Freight’s closures and consolidation plan FedEx Freight plans to close the 29 locations and consolidate its operations into other locations effective Aug. 13.

FedEx Freight has about 400 service centers and 46,000 team members, according to its website. The latest round of FedEx Freight furloughs “for certain job classes” will begin May 28.

The company said Thursday evening that it would separate its freight business, leaving two publicly traded companies—as investors had hoped. FedEx stock jumped 8.2% to $298.50 in after-hours ...

FedEx Freight has performed the best among the company’s other two, larger business units: FedEx Express and FedEx Ground, which have also been hurt by higher costs and slower-than-expected demand.

Shares of FedEx jumped about 9% in after-hours trading. "Through this process, we will unlock value for our Freight business and position FedEx to create even greater value for stockholders," CEO ...