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Apr 5, 2023 · FedEx has announced a series of cost-cutting measures over recent months due to continually decreasing demand and high operating costs with Wednesday’s news being the latest one. The new single...
Mar 14, 2024 · Press Releases. Global (English) FedEx Statement Regarding Expiration of USPS Contract. Apr 1, 2024. Global (English) FedEx Reports Higher Third Quarter Diluted EPS of $3.51 and Adjusted Diluted EPS of $3.86. Mar 21, 2024. Global (English) FedEx EVP/CIO Robert B. Carter to Step Down June 30, 2024.
Apr 5, 2023 · LOS ANGELES, April 5 (Reuters) - FedEx Corp (FDX.N) said on Wednesday it will consolidate its separate delivery companies into a single entity, in a move to slash costs and better compete with...
- 1 min
- Lisa Baertlein,Kannaki Deka
Apr 10, 2023 · FedEx Overhaul Contemplates a Future With No Drivers on Payroll. CEO plans integration of major ground, air delivery networks; Courier is seen moving toward model using contract drivers
- 5 min
- Thomas Black
Mar 22, 2024 · FedEx charges ahead with Network 2.0, rolling out to dozens more locations in 2024. The plan to integrate its separate Express and Ground delivery networks will help close a key gap with UPS, one executive said. Published March 22, 2024. Max Garland Senior Reporter. A FedEx worker makes a delivery on September 16, 2022 in Miami Beach, Florida.
- Max Garland
Mar 21, 2024 · March 21, 2024 at 1:21 PM PDT. Updated on. March 22, 2024 at 6:48 AM PDT. Listen. 3:01. FedEx Corp. plans to buy back $5 billion of its shares as cost-cutting efforts help boost profits, sending...
Sep 21, 2023 · Sept 20 (Reuters) - FedEx (FDX.N) surprised investors with a big quarterly profit beat on Wednesday after it cut costs and poached customers from rivals UPS (UPS.N) and Yellow (YELLQ.PK) ahead of...