The Latest Breaking News from FedEx Corp

FedEx Corp (NYSE: FDX) shares are trading higher Tuesday after the company announced actions to enhance stockholder value.

eBay Inc (NASDAQ:EBAY) and FedEx Corp (NYSE:FDX) extend their alliance in Canada for shipping labels platform integration. The partnership will enable Canadian sellers to access FedEx shipping services directly through eBay Labels. "With this extended FedEx alliance, we're making shipping even easier and more cost-effective for our eBay sellers, which in turn allows them to…

Amazon.com Inc (NASDAQ:AMZN) launched Buy with Prime, allowing third-party merchants to use Amazon’s vast shipping and logistics network to fulfill orders on their sites while appealing to Amazon’s Prime customers. Experts see the move firing up rivalry with United Parcel Service Inc (NYSE:UPS), FedEx Corp (NYSE:FDX), and the U.S. Postal Service as being the fastest in the online…

Shipping giant FedEx Corp. says its logistics subsidiary has opened a new global headquarters in downtown Memphis, Tennessee

FedEx Corp (NYSE:FDX) subsidiary FedEx Express is partnering with California Bay Area-based Elroy Air, the company building the first end-to-end autonomous vertical take-off and landing (VTOL) aerial cargo system. FedEx Express will develop plans to test Elroy Air's Chaparral autonomous air cargo system within its middle-mile logistics operations, moving shipments between sortation locations.…

Shipping and logistics company FedEx Corp (NYSE: FDX) announced Tuesday morning a change to its CEO to happen later in 2022 as its founder and longtime CEO will step down. Here’s a look at how shares have performed since their IPO.

FedEx Corp (NYSE:FDX) has promoted its President and Chief Operating Officer (COO), Raj Subramaniam, to Chief Executive Officer (CEO) and President, effective June 1, 2022. The company's Chairman and CEO, Frederick W. Smith, will become Executive Chairman, effective the same date. Subramaniam has been named President and CEO-elect of FedEx, effective immediately. Subramaniam,…

FedEx Corp (NYSE:FDX) subsidiary FedEx Office formed an alliance with Notarize, an online notarization provider, to launch FedEx Office Online Notary. The new service will make convenient, fully-digital notarization services available to small businesses, consumers, and owners who need personal or professional documents notarized annually. "Now with FedEx Office Online Notary, commissioned…

FedEx Corp's (NYSE:FDX) price target has been lowered to $298 (an upside of 35%) from $310 by Deutsche Bank analyst Amit Mehrotra. The analyst maintained his Buy rating on FDX's shares. Related: Read How Analysts Reacted To FedEx's Q3 Results Mehrotra noted the company reported weaker fiscal Q3 results, and management walked away from its double-digit…

Not all companies follow the same fiscal year, and one of those companies is FedEx Corp (NYSE: FDX), which just reported third-quarter earnings.

FedEx Corp (NYSE: FDX) reported its third-quarter FY22 results yesterday, with revenue of $23.6 billion, surpassing the $23.44 billion estimate, and adjusted EPS of $4.59, below the Street view of $4.64.