FedEx
FedEx announces planned consolidation of operating companies. New operating structure will create even greater flexibility, efficiency, and intelligence to unlock value for customers, team members, and stockholders. • Company hosts DRIVE Investor Event to provide further detail on progress toward $4 billion in benefits from transformation.
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MEMPHIS, Tenn., June 21, 2022 – FedEx Corp. (NYSE: FDX)...
- FedEx Corp. Reports Fourth Quarter and Full-Year Results
The MTM retirement plans accounting adjustments, costs...
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Apr 5, 2023 · FedEx Corp said on Wednesday it will consolidate its separate delivery companies into a single entity, in a move to slash costs and better compete with United Parcel Service and Amazon .
- 1 min
- Lisa Baertlein,Kannaki Deka
May 2, 2023 · FedEx announced on Monday it will close 29 FedEx Freight locations, furloughing another round of employees as a result of slowing demand. The closures will be in effect by August 13, and the ...
Apr 10, 2023 · In a 2019 interview with Bloomberg, the then-CEO described FedEx’s growth-at-all-costs strategy through the lens of its battle with UPS, saying he was “firmly of the belief we will pass UPS ...
- 5 min
- Thomas Black
Sep 23, 2022 · The news comes on the heels of a surprise warning last week that the company has been having difficulties. After that announcement, FedEx's stock price sank by more than 20%, and some of its ...
- David Gura
