FedEx Corp shares slumped on Friday after the parcel giant cut its annual revenue forecast and reported a sharp fall in profits, owing to weak demand for high-margin speedy delivery services.
FedEx, seen as a global trade barometer, lost over $11 billion in market value. Its earnings report dragged down shares in rivals United Parcel Service and DHL, which are also grappling with sluggish ...
FedEx stock is plunging Friday after the logistics giant came up short of earnings expectations and revised its full-year ...
FedEx’s results were dragged down by weaker-than-expected demand, particularly in the U.S. domestic package market.
The Workhorse Group announced that FedEx ordered 15 more electric W56 step vans to be delivered in 2024. This order follows a ...
What happens to all the items that are damaged in shipping and returned to FedEx? A lot of them end up at nonprofits like this one, Mid-Del group homes.
Scottie Scheffler has revealed the payment arrangement he has with his caddie Ted Scott after a record-shattering season on ...
Courier companies in South Africa offer small businesses delivery services that promptly deliver packages to clients.
Through the subsequent investigation, police said they determined the suspect, a 38-year-old man from Dorchester, had allegedly been following a FedEx truck ... in that the boxes containing ...
The driver of a FedEx tractor trailer was held up by two men after making a pickup in an Edison industrial park who ordered ...
Backyard and large-scale farmers in the Midwest and around the country report more deliveries that arrive too late for baby ...