FedEx Corp. recently advanced a tentative five-year contract with its pilots' union for member ratification, featuring a very large hourly pay increase, back pay, and additional annual raises ...

NEW YORK (AP) — FedEx Corp., the world’s second-largest package delivery company, on Wednesday detailed its plan to boost profit by $1.7 billion annually by shedding jobs, aircraft and underused ...

LOS ANGELES (Reuters) -FedEx on Tuesday signaled caution for the year ahead and forecast current-quarter profit short of market expectations amid volatile global demand, sending shares of the delivery ...

(Reuters) - FedEx reported quarterly profit and revenue above Wall Street estimates, as cost-cutting and strength in domestic deliveries helped offset weaker international volumes after the U.S. ended ...

FedEx reported mostly steady revenue for the fourth quarter, as the Memphis-based logistics giant remains on pace to make $4 billion in permanent cost reductions by the next fiscal year. The company ...

The changes impact various import and export shipments, including packages traveling to and from the U.S., adding to cost ...

FedEx’s massive cost cuts are coming to fruition, enabling the parcel delivery firm to bolster its bottom line as it continues to experience revenue headwinds stemming from weakness in package volume.

FedEx Corp.’s ongoing cost-cutting efforts are delivering results, say analysts, who also welcome the package deliverer’s strategic review of its freight business. In its fiscal fourth-quarter results ...

While many transportation companies struggle when fuel prices rise, FedEx and J.B. Hunt are positioned to benefit from ...