FedEx to Spin Off Freight Division in 18 Months
FedEx Corp. plans to separate its freight division by 2025, aiming for strategic growth. Discover the potential impacts on logistics and shipping sectors.
Topic
FedEx
A collection of 6 issues
FedEx Faces Setback as UPS Secures USPS Contract
FedEx loses key USPS contract to UPS, affecting revenue and profits. Discover the impact on FedEx and market dynamics.
FedEx Reports 1% Revenue Decline in Q2
FedEx's revenue fell 1% to $22 billion in Q2, with a 3% drop in adjusted operating income. Discover the impact on FedEx's financial performance.
FedEx Targets $6.2 Billion in Annual Cost Savings
FedEx unveils a strategic cost-saving initiative to cut $6.2 billion in annual expenses, focusing on enhancing efficiency and profitability.
FedEx Shifts Focus to International Air Cargo Growth
FedEx is expanding in the international air cargo market by reallocating its jets from domestic routes, boosting its global presence. Explore how this strategic move impacts the logistics landscape.
FedEx Cuts U.S. Domestic Flight Hours by 24% in Q2
FedEx reduces U.S. domestic flight hours by 24% in Q2, significantly impacting Postal Service daytime operations. Discover the strategic implications for FedEx's U.S. market.