A FedEx truck makes deliveries in Mount Lebanon, Pa., on Monday, Jan. 23, 2023. FedEx will combine its air, ground and other divisions as part of a $4 billion cost cutting plan. The delivery company ...

FedEx provided details on its plan to consolidate its Ground, Express and Service units by 2024, announced last year, with its less-than-truckload Freight unit remaining separate, projecting cost ...

FedEx Express revenue and adjusted operating income dropped by 6% and 49% in Q2 FY24. The decline was caused by USPS's shift from air to ground services and weakness in industrial production. The ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Typically, Ground packages have ...

FedEx Ground operations and personnel in Canada will soon transition to FedEx Express, the Memphis-based logistics giant announced Tuesday. The change will take place in phases beginning in April 2024 ...

After months of various cost-cutting moves, FedEx Corp. is hoping its latest — and most notable — decision will be the company-wide restructure that leads to the profit margins it once enjoyed for ...

Overnight delivery pioneer FedEx is one of three large national carriers that dominate the for-hire small-parcel delivery landscape--FedEx and UPS are the major U.S. incumbents, while DHL Express ...

FedEx’s FDX top line fell 3% year over year in its fiscal second quarter, driven by ongoing declines in package volume and yield at Express, as well as a soft demand backdrop for Freight’s ...

NEW YORK (AP) — 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 ...

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 ...