Amazon opens up logistics network to other businesses in challenge to UPS, FedExAmazon is now offering its vast logistics network to other companies. Businesses can use Amazon's services for moving, storing, and deliver...
05 May, 2026, 12.35 AM IST
US stocks today: Amazon opens up logistics network to other businesses in challenge to UPS, FedExAmazon is entering the logistics market. It will now offer its vast network for businesses to store and ship goods. This move directly chal...
04 May, 2026, 11.40 PM 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
US stocks: FedEx shares jump 7% on resilient demand forecast amid geopolitical risks, surging fuel costsFedEx shares surged about 7% in morning trading on Friday, after the package-delivery giant raised its full-year profit forecast and signal...
20 Mar, 2026, 07.35 PM IST
FedEx slumps 15% amid weak demand for pricey priority deliveriesShares of FedEx slumped 15% on Friday, on track for their worst day in two years, after dismal first-quarter results, in what analysts attr...
20 Sep, 2024, 08.33 PM IST
FedEx climbs on cheery annual profit forecast, freight business reviewFedEx shares jumped 13% premarket on Wednesday after the delivery giant reassured investors with a largely upbeat annual profit forecast an...
26 Jun, 2024, 08.26 PM 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
UPS to cut 12,000 jobs, explores options for Coyote businessUnited Parcel Service (UPS) plans to cut 12,000 jobs and explore strategic options for its truckload freight brokerage business, Coyote, fo...
30 Jan, 2024, 09.13 PM 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 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
US stock market: Weary Wall Street cheers improved consumer confidenceStill, Wednesday's data also showed that U.S. existing home sales slumped 7.7% to a 2-1/2-year low in November as the housing market was hu...
22 Dec, 2022, 07.24 AM IST
FedEx outlines cost-cutting plan; to cancel flights, close officesFedEx committed to repurchasing $1.5 billion of its common stock this fiscal year, including $1 billion in the current quarter, even as the...
23 Sep, 2022, 09.03 AM IST
FedEx warns of worsening economy and pulls forecast; shares drop 16%The World Bank earlier on Thursday said the world's three largest economies - the United States, China, and the euro area - have been slowi...
16 Sep, 2022, 07.50 AM IST
- FedEx to slash salaries to cope with downturn
US delivery giant FedEx said on Thursday it was slashing salaries for many employees in a further belt-tightening to cope with the global e...
19 Dec, 2008, 12.16 AM IST
- FedEx swings to fourth-quarter loss
FedEx Corp reported a fourth-quarter loss on Wednesday that missed Wall Street expectations and it offered a gloomy outlook for its shippin...
18 Jun, 2008, 07.30 PM IST
- FedEx cuts profit forecast citing fuel prices
US package delivery company FedEx Corp slashed its quarterly earnings forecast, blaming surging fuel prices.
10 May, 2008, 02.46 AM IST
- FedEx Q3 earnings fall, beat views
FedEx Corp reported a 6 per cent drop in third-quarter earnings Thursday due to high oil prices and a slow US economy, and indicated it wou...
20 Mar, 2008, 07.06 PM IST