Just recently, the Bases Conversion and Development Authority (BCDA) announced that it has received a proposal from Lufthansa Technik Philippines (LTP) to invest $400 million for a maintenance, repair ...

For 2029, FedEx is aiming to generate $98 billion in sales, $8 billion in operating income at 8% margins with $6 billion in free cash flow, and $25 in GAAP earnings per share. These figures exclude ...

FedEx outlined its strategy to further the company’s transformation efforts and strengthen the value of its industrial network during its Investor Day in Memphis on Feb. 12. The Memphis-based ...

FedEx is taking delivery of sustainable aviation fuel (SAF) at five major U.S. airports, with Dallas-Fort Worth International (DFW) and New York John F. Kennedy International (JFK) airports the latest ...

FedEx (FDX) announced on Monday that it utilized AI to offer improved digital tracking and returns capabilities designed for shippers. The AI tools are expected to simplify the customer experience ...

Raj Subramaniam took over three years ago from FedEx’s founder, who ran the company for nearly 50 years. Since then, technology, tariffs and other disruptions have “fundamentally shifted” patterns of ...

FedEx has filed a Form 10 registration statement with the SEC for the planned spin-off of FedEx Freight. FedEx Freight's new board of directors has been announced, with R. Brad Martin serving as ...

FedEx Corp. (CCJ Top 250, No. 1) on Friday filed its Form 10 registration statement with the U.S. Securities and Exchange Commission (SEC), marking a major milestone in the planned spin-off of FedEx ...

FedEx is facing backlash after a report by Dallas Express revealed the company was awarded a $2.2 billion federal contract in 2022 and has since hired hundreds of foreign workers on H-1B visas.

US express cargo operator FedEx is working on the expectation that the grounded Boeing MD-11 freighter fleet will return to service in spring next year. Operators of the MD-11F were forced to suspend ...

FedEx is closing a third-party logistics operation in Coppell and laying off nearly 900 workers, according to an official WARN notice sent to the Texas Workforce Commission. The Memphis-based shipping ...

The cuts will hit FedEx Supply Chain Logistics & Electronics, Inc., which told state officials it will "discontinue its operation" at the 840 W. Sandy Lake Rd. site after the unnamed customer opted to ...