FedEx (FDX) earns a Buy rating, driven by a strategic shift toward premium B2B verticals and robust cost reduction programs.
An announcement by FedEx Corp. that it was reducing fuel surcharges for its LTL freight by 25% should lead to similar moves by the other major carriers as everyone jockeys for position before the peak ...
FedEx announced Thursday it will move forward with a plan to spin off its less-than-truckload unit, FedEx Freight, into a separately traded public company. FedEx first floated the idea in June in ...
FedEx’s decision to spin off its LTL unit marks the end of an era that began nearly 30 years ago when major parcel carriers sought to provide comprehensive transportation solutions for their customers ...
2025 Digital Freight Matching Roundtable: From spot chaos to smart capacity AI-driven digital freight matching platforms are transforming the brokerage landscape, helping shippers and carriers ...
Earnings Estimates: Analysts expect FedEx to report second-quarter revenue of $22.79 billion, up from $22.00 billion in last year's second quarter, according to data from Benzinga Pro. The company has ...
Ben Ames has spent 30 years as a journalist since starting out as a reporter for daily newspapers in Pennsylvania and Massachusetts. He has focused on business and technology reporting since 1999 for ...
A market study completed on behalf of FedEx, which considered both expedited and non-expedited LTL services with published transit standards and nationwide coverage, concluded FedEx Freight Priority ...
This action will increase efficiencies and reduce operational costs, according to the company. It also will give customers a choice of priority or economy less-than-truckload freight services across ...