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.

FedEx received a massive federal delivery contract worth more than $2 billion in late 2022. Not long after that, the company’s hiring pattern began to change in a noticeable way. According to the ...

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 ...

Monday - Friday, 6:00 - 7:00 PM ET FedEx CEO Raj Subramaniam reviewed his company's quarter in an interview with CNBC's Jim Cramer. He cited strength in business-to-business transactions, calling ...

While Christmas is nearly a week away, there is still time to get packages shipped to arrive on time before the holiday. However, those shipping deadlines are rapidly approaching. Each year, the major ...

FedEx has outperformed the S&P 500 with a 33% total return since June, driven by strong Q1 2026 results. FDX reported robust revenue and EPS beats, with operating income up over 20% and margin ...

In recent months, FedEx has advanced its multi-year DRIVE and Network 2.0 transformation programs, while outlining plans to separate FedEx Freight into an independent, publicly traded company by June ...

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 ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min FedEx has now confirmed at least ...

FedEx Corporation is in transition, with shares rebounding after cost-cutting and an earnings beat, but much optimism is already priced in. FDX's Freight spinoff, tech investments, and efficiency ...

In recent days, FedEx amended its US$3.5 billion credit agreements with major banks to prepare for the planned spin-off of FedEx Freight by June 2026 while managing operational changes after grounding ...