The June Services PMI reading, at 54 (a reading above 50 represents expansion and below 50 indicates contraction), was off ...
The Dow finished the holiday-shortened week with a record close Thursday as a soft jobs report reduced chances of a Federal ...
French container shipping company CMA CGM Group said Wednesday it will buy FedEx Supply Chain, the third-party logistics ...
CMA CGM Group announced an agreement where it will acquire FedEx Supply Chain at an enterprise value of $1.4 billion ...
CMA CGM and FedEx also expect to enter into ocean and air commercial agreements to support their respective strategies ...
FedEx Freight said on Thursday ⁠it ⁠expects revenue for the ⁠seven months to December 31 to rise 4% to ​6% and adjusted ...
FedEx reported huge operating margin growth, and an estimated 11% in revenue growth, but shares fell 5.7% in extended trading ...
FedEx Freight's growth strategy centers on margin gains, not just higher shipment volumes. Investors are watching whether FedEx Freight can turn scale and density into stronger profits. The company ...
FedEx Corp (NYSE:FDX) is one of the best stocks to buy according to billionaire Bill Gates. FedEx shares are up more than 50% over the past six months and have soared more than 85% over the past year.
The move simplifies FedEx's cost-cutting plans to improve profitability. Managing a massive hybrid network of overnight air express, ground parcel, and heavy freight leads to complexity. By spinning ...
FedEx Freight finished its spinoff, Ohio is planning the expiration of 5,000 non-domiciled CDLs, and Congress has pro-trucking items in its agenda. FedEx Freight completed its spinoff from FedEx, ...
FedEx officially completed its spinoff of FedEx Freight Monday, putting the newly standalone trucking company to its biggest test yet as it exits the cover of the logistics giant. The ...