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FedEx

FedEx to spin off its less-than-truckload freight business

(Reuters) -FedEx announced the much-anticipated spinoff of its less-than-truckload freight division on Thursday, as it looks to restructure its operations...

As Canada Post strike drags on, frustration mounts over ‘prohibitive’ courier costs

With the Canada Post strike now in its fourth week, some Canadians say they're frustrated with major courier companies like FedEx, UPS and Purolator that they've turned...

Fedex stock plummets after earnings miss, lower outlook flashes warning on economy

FedEx (FDX) stock tanked nearly 15% Friday morning following a much-worse-than-anticipated quarterly earnings report the day before, highlighting investor concerns over emerging cracks in...

Stock market today: Wall Street drifts near its records as FedEx slumps and Nike sprints higher

NEW YORK (AP) — Wall Street is quieter on Friday, and U.S. stocks are drifting after they leaped to records the day before during...

FedEx reports drop in quarterly earnings on lower demand for priority services

(Reuters) -FedEx reported a drop in first-quarter profit on Thursday and lowered the top end of its annual profit forecast as demand in the...

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