Dietrich is betting that a unified network, strict capital discipline, tech investments can squeeze more profit—not just ...
FedEx Corporation is downgraded from Buy to Hold as the anticipated upside has materialized after a 60% stock surge. Click to ...
FedEx stock is up double-digits after its quarterly report, but it is still reasonably priced with good growth prospects and cost-saving initiatives. FedEx Freight can offer a good value-creation ...
Scale-based cost advantages also arise for FedEx due to immense network processing scale and substantial package density, which create lower marginal costs than a potential new entrant. Amazon’s ...
By Lisa Baertlein Feb 12 (Reuters) - Global delivery company FedEx said on Thursday that adjusted earnings for the current ...
FedEx reported better-than-expected quarterly earnings and revenue Tuesday. The company announced it had achieved its $4 billion cost-cutting goal and will aim to trim another $1 billion in its ...
FedEx reported mostly steady revenue for the fourth quarter, as the Memphis-based logistics giant remains on pace to make $4 billion in permanent cost reductions by the next fiscal year. The company ...
FedEx Corp (NYSE:FDX, XETRA:FDX)’s planned investment in InPost announced this week could help lower European delivery costs ...
NEW YORK (AP) — FedEx Corp., the world’s second-largest package delivery company, on Wednesday detailed its plan to boost profit by $1.7 billion annually by shedding jobs, aircraft and underused ...
FedEx Corp.’s ongoing cost-cutting efforts are delivering results, say analysts, who also welcome the package deliverer’s strategic review of its freight business. In its fiscal fourth-quarter results ...