FedEx Freight, the less-than-truckload segment, was negatively impacted by a decline in weight per shipment and reduced ...
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
FedEx saw revenues and profits decline in its fiscal first quarter as the company faced challenging market conditions, ...
FedEx cut its outlook after posting lower profit and revenue in its fiscal first quarter after weaker-than-expected demand, particularly in the U.S. domestic package market, dragged down its results.
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 Corp. said its business would slow in the year ahead and reported a worse-than-expected quarterly profit in a warning ...
FedEx and its competitors are still adapting to a world without as much online shopping, and Subramaniam has had to make ...
FedEx came up short on top and bottom lines, and guidance revisions suggest there is more bad news to come in fiscal 2025.
STORY: FedEx shares tumbled almost 11% in U.S. after-hours trade on Thursday. The plunge came after the delivery giant ...
FedEx's (FDX) fiscal first-quarter earnings could be affected by a "sub-seasonal" demand environment and macroeconomic headwinds, BofA Securities said Wednesday. The parcel delivery giant is ...