What to expect. Alphabet's Waymo and Hyundai may join hands for self-driving cars - report. Ray of shine for Boeing: Chinese ...
STORY: FedEx shares tumbled almost 11% in U.S. after-hours trade on Thursday. The plunge came after the delivery giant ...
FedEx reported a steep quarterly profit drop and lowered its full-year revenue forecast on Thursday after its customers ...
It wasn’t a strong report, and lower demand for premium services contributed to the disappointment. Industrial customers are ...
FedEx (NYSE:FDX) missed FQ1 profit and sales expectations and dropped its outlook for FY25, driving shares sharply lower in ...
BURKBURNETT, Texas (KAUZ) - First responders investigated a FedEx truck that caught fire on I-44 Thursday night. It happened ...
FedEx also saw its adjusted operating margin expand by 40 bps to 8.5% in Q4’24. This clubbed with a 2% decline in average ...
FedEx Freight, the less-than-truckload segment, was negatively impacted by a decline in weight per shipment and reduced ...
The little good news was that cost-cutting measures FedEx has achieved helped offset the revenue and expense pressure.
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on its results.