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News from FedEx. Stay current with all the latest and breaking news about FedEx, compare headlines and perspectives between news sources on stories happening today. In total, 130 stories have been published about FedEx which Ground News has aggregated in the past 3 months.
FedEx has shipped first wave of Moderna COVID-19 vaccines across the United States. Visit newsroom. FedEx delivered the Pfizer-BioNTech COVID-19 vaccine. READ THE ANNOUNCEMENT. Featured stories. One year later: The first U.S. COVID-19 vaccine deliveries through the eyes of Team FedEx.
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Apr 7, 2023 · April 7, 2023 · 4 min read. FedEx Corp. plans to consolidate its operating companies into one organization to partly achieve a long-term goal to permanently save $4 billion by fiscal year 2025,...
- Why Is FedEx Undergoing This Transition?
- Who Will Be Leading The FedEx Company?
- When Will The FedEx Transition Begin?
FedEx has announced a series of cost-cutting measures over recent monthsdue to continually decreasing demand and high operating costs with Wednesday’s news being the latest one. The new single company will operate as a unified, fully integrated air-ground network under the FedEx brand. FedEx’s consolidation effort is part of its DRIVE initiative to...
Subramaniamwill serve in the same roles as president and CEO of the combined FedEx organization. Effective April 16, John A Smith will become president and CEO of U.S. and Canada Ground Operations at FedEx Express and assume leadership of surface operations across the FedEx Express, FedEx Ground and FedEx Freight businesses. Richard W. Smith will s...
Full implementation of the plan is expected in June 2024. FedEx said the company will not change its financial reporting segments during the transition period until June 2024. Also FedEx Freight will continue to provide less-than-truckload freight transportation services as a stand-alone company under Federal Express Corporation. Omer Yusuf covers ...
Apr 10, 2023 · FedEx overhaul contemplates a future with no drivers on payroll. April 10, 2023 Updated Mon., April 10, 2023 at 7:10 p.m. A delivery truck leaves a FedEx Express facility in Garden City, New...
Jul 7, 2023 · FedEx CEO Fred Smith to step down in June Smith founded FedEx in 1971 and led it for over 50 years as it grew into a $60 billion shipping giant. Mar 28, 2022
Jan 18, 2024 · LOS ANGELES, Jan 18 (Reuters) - FedEx Corp (FDX.N) is waging financial battles on two fronts. The delivery giant wants a more profitable contract with the U.S. Postal Service and is seeking an...