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FedEx’s shakeup sparks outcry

FedEx is under fire after reports said the company won a $2.2 billion U.S. TRANSCOM contract in 2022 and later hired hundreds ...
FedEx (FDX) earns a Buy rating, driven by a strategic shift toward premium B2B verticals and robust cost reduction programs.
The company remains in cost-cutting mode. On Thursday, FedEx said that its operating results improved in the second quarter, "reflecting strength in U.S. domestic and International Priority package ...
FedEx founder Fred Smith will step down as CEO of the company on June 1, 2022, the company said in a news release Monday. He will remain in a top leadership position as the company's executive ...
As it gears up for holiday delivery crunch time, FedEx needs a few extra hands—and some of them are going to be robotic. It’s also summoning the help of smart cameras and Bluetooth-linked pods, with ...
FedEx cuts profit outlook for the third time in a row FedEx Corp. late Thursday cut its profit outlook for a third straight quarter, saying that it reflected "continued weakness and uncertainty in the ...
FedEx is reorganizing part of its delivery network, and the shift means 89 Fort Worth employees will be laid off in March.
FedEx Corp. (NYSE: FDX) today announced the launch of an enterprise-wide AI Education and Literacy program, which includes ...
FedEx founder Fred Smith will step down as CEO of the company on June 1, the company said in a news release Monday. He will remain in a top leadership position as the company's executive chairman. Raj ...