FedEx Announces Intent to Separate FedEx Freight, Creating Two …
Dec 19, 2024 · FedEx Announces Intent to Separate FedEx Freight, Creating Two Industry-Leading Public Companies • Unlocks significant value for FedEx stockholders through creation of a new publicly listed less-than-truckload (LTL) industry leader • Preserves commercial and operational synergies between both companies • Proposed separation enables greater strategic, operational, and financial execution ...
FedEx Unveils New Automated Sorting Facility at Memphis World …
MEMPHIS, Tenn., Oct. 30, 2024 – This week, FedEx Corporation (NYSE: FDX) unveiled a new, state-of-the-art, automated sorting facility at the Memphis World Hub. The LEED Certified building, which is now fully operational ahead of the holiday peak season, spans 1.3 million square feet across four levels, includes11 miles of conveyor belt, has a space dedicated to moving bulky, non-conveyable ...
Report Showcases “FedEx Effect” on Global Economy as Company …
Oct 24, 2024 · Report Showcases “FedEx Effect” on Global Economy as Company Increases Flexibility and Efficiency of Operations FedEx delivered more than $85 billion in direct impact and $39 billion in indirect impact to the global economy in fiscal year 2024
FedEx Ready to Meet Demands of the Holiday Shipping Season
MEMPHIS, Tenn. Nov. 14, 2024 – FedEx has been making preparations all year to provide customers with a seamless, reliable shipping experience this peak season. With a world-class team of more than 500,000 members processing an average of 16 million packages daily, the company is well-equipped to ensure holiday shipments arrive safe and on time. “FedEx has been gearing up all year for the ...
FedEx Panda Express Completes First-Ever Roundtrip Deliveries ...
Oct 15, 2024 · FedEx Panda Express Completes First-Ever Roundtrip Deliveries, Continuing Support of Giant Panda Conservation This week, FedEx transported pandas from Atlanta, GA. to China; from China to Washington, D.C.
FedEx Statement Regarding Expiration of USPS Contract - FedEx …
Apr 1, 2024 · Note: In a Form 8-K filed with the Securities and Exchange Commission on April 1, 2024, FedEx Corporation announced the agreement between FedEx Express and the United States Postal Service (“USPS”) for domestic transportation services will expire by its terms on September 29, 2024. This decision was made on March 29, 2024, following extensive discussions. FedEx and the United States Postal ...
FedEx Reports Second Quarter Diluted EPS of $3.03 and Adjusted …
Dec 19, 2024 · FedEx Reports Second Quarter Diluted EPS of $3.03 and Adjusted Diluted EPS of $4.05 $1 Billion Share Repurchases Completed During Quarter Full-Year Fiscal 2025 Earnings Outlook Revised FedEx Completes FedEx Freight Assessment, Will Pursue Full Separation and Create a New Publicly Traded LTL Company
FedEx Announces First-Of-Its-Kind Data-Driven Commerce Platform
New York, NY, January 14, 2024 – FedEx Corp. (NYSE: FDX) today announced fdx, the first data-driven commerce platform that connects the entire customer journey — making it easier for companies to grow demand, increase conversion, optimize fulfillment, and streamline returns. FedEx is the only logistics company to connect the entire customer journey by offering end-to …
FedEx Introduces Surround® Monitoring and Intervention …
Singapore, August 20, 2024 - Federal Express Corporation, one of the world’s largest express transportation companies, announced the launch of its innovative FedEx Surround®, an intelligent solution for monitoring and intervention designed to elevate logistics and supply chain management by enhancing control and visibility of shipments for customers. This solution is currently available for ...
FedEx to Launch 12 th Annual Small Business Grants Program
MEMPHIS, Tenn., February 29, 2024 — FedEx Corp. (NYSE: FDX) today announced the upcoming launch of its 12 th annual Small Business Grants Program, which will award more than $230,000 in grants and services to ten (10) U.S.- based small businesses. The application period will begin at 12pm (noon) ET on March 1, 2024, and close at 12pm (noon) ET on April 1, 2024. After a judging period, the ...