US diesel prices hit a record high of $5.85 as Iran war disrupts the flow of fuelUS Iran war: Diesel fuel has reached an unprecedented average price of $5.85 per gallon. This surge is directly linked to the ongoing six-m...
04 Sep, 2026, 02.39 PM IST
Rory McIlroy has a warning for LIV players eyeing a PGA Tour comebackRory McIlroy stated LIV Golf players should not expect easy PGA Tour returns. He questioned the value LIV players brought to the breakaway ...
20 Aug, 2026, 10.00 PM IST
Bought something last year from an overseas vendor? It might be time to check your bank a/cFollowing a Supreme Court ruling that mandates the return of collected tariffs, major shipping companies are now issuing significant refund...
13 Aug, 2026, 09.57 AM IST
FedEx trucking spinoff targets 2026 operating margin of 12%As FedEx Freight prepares for its upcoming independence on June 1, it's setting ambitious goals with a projected 12 percent operating margi...
08 Apr, 2026, 11.24 PM IST
FedEx founder and executive chairman Frederick Smith has died, CEO tells staffBorn in 1944, Smith was most recently serving as the firm's executive chairman and focused on board governance, as well as issues of global...
22 Jun, 2025, 10.57 AM IST
FedEx eyes fiscal 2025 profit just above Wall St target, shares soarFedEx anticipates strong profits in fiscal 2025, considering strategic actions like potential freight business sale and ending the unprofit...
26 Jun, 2024, 07.46 AM IST
FedEx profit misses, cuts full-year revenue forecast; shares sinkFedEx cut its full-year revenue forecast and reported quarterly profit that fell far short of analysts' targets on Tuesday, sending shares ...
20 Dec, 2023, 08.16 AM IST
FedEx invests $100 million in Hyderabad, launches its first Advanced Capability CommunityThe launch ceremony marks an investment of $100 million in Hyderabad's economic landscape.
05 Dec, 2023, 04.44 PM IST
FedEx shares pop on hefty profit beat, UPS customer winsOperating income in FedEx's Ground division jumped 59% for the quarter ended Aug. 31. That unit benefited from UPS customers shifting packa...
21 Sep, 2023, 08.48 AM IST
FedEx and Floship form commercial partnership to deliver what’s next in e-commerceThis partnership will give e-commerce customers of FedEx access to Floship’s global network of warehouses.
14 Jun, 2023, 02.21 PM IST
E-commerce company, GoKwik, wins FedEx Express AMEA Small Business Grant Contest 2022A panel of judges from FedEx and Forbes Asia selected the SBGC winners from among the AMEA region’s most outstanding start-ups and small bu...
28 Nov, 2022, 05.09 PM IST
Fed Ex CEO Raj Subramaniam believes ‘world economy is heading towards recession’, here’s whySubramaniam, the CEO of the logistic conglomerate Fed Ex feels that the global economy is facing the threat of a recession. With FedEx's Qu...
16 Sep, 2022, 03.34 PM IST
'You symbolise the Indian Raj.' Anand Mahindra coins a term for the new FedEx CEOSubramaniam is will soon be providing strategic direction for all FedEx companies.
29 Mar, 2022, 06.05 PM IST
Who is Raj Subramaniam, the Indian-origin boss appointed as the new CEO of FedEx?The 54-year-old was elected to the FedEx Board of Directors in 2020 after joining the company in 1991.
29 Mar, 2022, 01.57 PM IST
Indian American Raj Subramaniam to be new CEO of FedEx"Raj is an accomplished and proven leader, and he has the full support of the board. He has more than 30 years of global experience across ...
29 Mar, 2022, 01.23 PM IST
Raj Subramaniam to become President, CEO of FedEx CorporationSubramaniam was elected to the FedEx Board of Directors in 2020 and will maintain his seat on the Board. Prior to his role as President and...
29 Mar, 2022, 11.43 AM IST
Delhivery gets $100 million from FedEx subsidiary ahead of IPODelhivery had raised $277 million from US-based Fidelity Investments and Singapore’s GIC at a valuation of about $3 billion. The logistics ...
16 Jul, 2021, 11.25 AM IST