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FedEx quarterly profit disappoints as demand for speedy delivery wanes
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for priority services.
FedEx earnings miss could signal a slowing economy
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this year, a sign of possible cooling in the wider economy.
FedEx shares fall sharply after missing on revenue and earnings, lowering guidance
CNBC's Fran Holland joins 'Closing Bell Overtime' with FedEx earnings.
FedEx shares tumble 16% on limp demand, delivery trade-down
By Shivansh Tiwary and Lisa Baertlein (Reuters) -Shares of FedEx slumped almost 16% on Friday, the worst in two years, after a dismal first-quarter profit drop due to anemic economic conditions and an ongoing customer shift toward slower,
FedEx shares tumble amid weak demand for priority deliveries
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. Shares of the company were down nearly 13 per cent in premarket trading,
8h
FedEx worker goes viral after video shows him stopping alleged porch pirate while delivering packages in South Florida
According to ONLY in DADE, the man has been allegedly trying to steal new iPhones being delivered and has been spotted in the ...
TheNewsCenter
4d
FedEx driver accused of shooting at dogs while making delivery
According to the Port Clinton Police Department, the FedEx driver said he was delivering packages when a neighbor’s two ...
freightwaves.com
2d
FedEx results hurt by weak demand, fewer premium customers
FedEx Freight, the less-than-truckload segment, was negatively impacted by a decline in weight per shipment and reduced ...
1d
OCSO: One arrested after firing shots into an occupied FedEx delivery truck
The Okaloosa County Sheriff’s Office has arrested a man after firing shots into an occupied FedEx delivery truck in Cinco ...
1d
Man charged after shooting at a FedEx delivery van
A man has been charged with attempted second-degree homicide after he shot into an occupied FedEx vehicle on Thursday.
1d
Challenging Quarter Show That FedEx's Complex Restructuring Got Messy
On Thursday after market close, FedEx Corporation (NYSE: FDX) issued its first quarter results as it undergoes a significant ...
1d
FedEx losses mount as gloomy outlook permeates transportation sector
FedEx (FDX) shares continue to lose ground as disappointing results and guidance drags sector lower in sympathy. Read more ...
Electrek
6d
FedEx orders 15 more Workhorse W56 electric delivery vans
After a successful pilot program, FedEx is expanding its electric delivery fleet with the purchase of 15 Workhorse W56 ...
2d
on MSN
FedEx’s lower full-year forecast sinks its stock, as customers look to save on deliveries
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on its results.
1d
on MSN
FedEx sends a shiver throughout the transportation and logistics sectors with soft guidance
FedEx (FDX) shares plummeted after disappointing guidance, prompting downgrades from Morgan Stanley and Wells Fargo.
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