We recently published a list of 12 Best Freight Stocks to Buy According to Hedge Funds. In this article, we are going to take ...
FedEx revised its outlook downward saying that soft demand from business customers is likely to hamper earnings this year.
Two Pennsylvania FedEx workers and seven co-conspirators were arrested after the Pennsylvania Attorney General’s Office said ...
U.S. stocks open lower but are on track for weekly gains. Focus returns to the economy and tariffs. FedEx and Nike fall after cutting their outlooks.
FedEx is flashing a yellow light on the economy. The company on Thursday revised its financial outlook downward, citing "continued weakness and uncertainty" in the US industrial sector.
US stocks end up with S&P 500 and Dow gaining on the week. Focus returns to the economy and tariffs. FedEx and Nike fall ...
Express giant FedEx has announced the order of eight Boeing 777 freighters and 10 ATR 72-600 turboprops as third-quarter ...
FedEx recently reached agreements to purchase eight new Boeing 777 freighter aircraft and two used 777 freighters, which will ...
FedEx Corp. shares fell after the parcel delivery company lowered its full-year guidance for a third consecutive quarter, citing inflation and uncertain demand for shipments. Adjusted earnings are ...
FedEx fell 7.2% in premarket trading, while peer UPS slipped 1.5%. Delivery firms are often seen as a barometer for the global economy given their involvement in a wide range of industries.
"Our revised earnings outlook reflects continued weakness and uncertainty in the US industrial economy, which is constraining demand for our business-to-business services," John Dietrich ...