FedEx newsroom
WEBMay 29, 2024 · FedEx Launches the fdx Platform. Backed by FedEx data, fdx is now available to businesses of all sizes across the U.S. offering tools and insights to enhance customer experiences at every touchpoint.
FedEx deploys contingency plans as port workers strike
WEB4 days ago · An analysis by JPMorgan estimated the daily cost of a port strike by East and Gulf Coast port workers would cost the U.S. economy between $3.8 billion and $4.5 billion per day as operations slow ...
FedEx consolidation: What we know about restructuring plan
WEBApr 5, 2023 · FedEx has announced a series of cost-cutting measures over recent months due to continually decreasing demand and high operating costs with Wednesday’s news being the latest one. The new single...
FedEx Announces Planned Consolidation of Operating Companies
WEBNew operating structure will create even greater flexibility, efficiency, and intelligence to unlock value for customers, team members, and stockholders. Company hosts DRIVE Investor Event to provide further detail on progress toward $4 billion in benefits from transformation. Announces 10% dividend increase.
FedEx promised investors $4 billion savings by consolidating …
WEBMay 22, 2024 · Technology consolidation is key to FedEx's efforts to achieve its goal, announced last year, of $4 billion in cost savings by the end of fiscal 2025 under the new "one FedEx" unified delivery...
FedEx to combine delivery units as part of $4 billion cost-cut push
WEBLOS ANGELES, April 5 (Reuters) - FedEx Corp (FDX.N) said on Wednesday it will consolidate its separate delivery companies into a single entity, in a move to slash costs and better compete...
FedEx’s stock soars toward a 3-year high after a profit beat, $5 ...
WEBMar 22, 2024 · FedEx Corp.’s stock soared Friday, after the logistics company beat profit expectations, announced a new $5 billion share repurchase program and said it would continue to cut costs and trim its...
FedEx combines air, ground, other operations to slash costs
WEBApr 5, 2023 · FedEx will combine almost all of its ground, air and other operations by next year as part of a $4 billion cost cutting plan. The package delivery company said Wednesday that FedEx Express, FedEx Ground, FedEx Services and other FedEx operating companies will be rolled into a single entity by June 2024 in a companywide …
FedEx to combine delivery units as part of a $4 billion cost ... - CNBC
WEBApr 5, 2023 · FedEx shares rise following consolidation announcement. FedEx said on Wednesday it will consolidate its separate delivery companies into a single entity, as the group slims its bloated...
FedEx Express revamp hangs on fate of USPS, pilot talks
WEBLOS ANGELES, Jan 18 (Reuters) - FedEx Corp (FDX.N) is waging financial battles on two fronts. The delivery giant wants a more profitable contract with the U.S. Postal Service and is seeking an...