FedEx founder Frederick Wallace Smith, whose express shipping company revolutionized air cargo transportation and set the standard for "absolutely, positively" overnight delivery, died on June 21, ...
FedEx will lay off more than 480 employees as part of its Network 2.0 initiative. Two facilities will close, one in Greensboro, North Carolina, and another in Omaha, Nebraska. Three other facilities ...
Shares of FedEx Corp. stumbled at the opening bell Wednesday amid concerns that slower freight demand could weigh on the shipping giant’s earnings. J.P. Morgan downgraded FedEx to neutral from ...
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