The shipping carrier is calling out a growing trend that speaks volumes about the current state of the industrial economy.
It’s hard to argue against the investing decisions of billionaire Bill Gates. At just 68, he’s now worth $138.6 billion ...
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on its results.
Those pressures do not appear to be easing. In its fiscal 2025 first quarter, which ended Aug. 31, FedEx earned $3.60 per ...
FedEx Corp. said its business would slow in the year ahead and reported a worse-than-expected quarterly profit in a warning ...
FedEx shares plunged 15% Friday, a day after the package delivery giant missed quarterly estimates and lowered its full-year forecast as demand dropped, especially in the U.S.
FedEx Freight, the less-than-truckload segment, was negatively impacted by a decline in weight per shipment and reduced ...
FedEx’s results were dragged down by weaker-than-expected demand, particularly in the U.S. domestic package market.
The S&P 500 and Nasdaq lost ground at midday Friday after rallying to record highs Thursday in the wake of the Federal ...
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.
On Thursday after market close, FedEx Corporation (NYSE: FDX) issued its first quarter results as it undergoes a significant ...