Shipping giants FedEx Corp (NYSE:FDX) and United Parcel Service, Inc.(NYSE:UPS) shares are trading lower Friday after FedEx reported worse-than-expected quarterly results and cut its fiscal-year ...

Shipping-peer UPS's shares are moving lower Friday in sympathy with FedEx following the company's disappointing quarterly report and soft guidance. UPS will report its third-quarter results at the ...

After Thursday’s Fed-fueled exuberance, markets sobered up a bit. U.S. stock indexes wobbled Friday but notched gains for the week. The S&P 500 and Dow industrials both closed at record highs ...

FedEx missed quarterly estimates and lowered its full-year guidance. Demand was weaker than expected for business-to-business shipping ... demand for its services slips. Investors buying in ...

The union dockworkers strike that began early Tuesday impacting dozens of U.S. ports has triggered shipping giant FedEx to launch contingency plans aimed at minimizing disruptions in shipments.

Scottie Scheffler took over the top spot in the 2024 FedEx Cup points standings in March after his win at the Arnold Palmer Invitational. Twenty-six weeks later, the 28-year-old Texan saw this ...

Kemker did not say why FedEx had decided to close the Lapeer Avenue shipping center, only saying that FedEx regularly evaluates how its locations help serve its customer base. Kemker did say the ...

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The Dow Jones Industrial Average, meanwhile, added 38 points, or 0.1%, to its all-time high. FedEx shares dragged on the market with a drop of 15.2% after its profit and revenue for the latest ...

Parcel and cargo delivery company FedEx (NYSE:FDX) will be reporting earnings tomorrow after market hours. Here’s what you need to know. FedEx met analysts’ revenue expectations last quarter ...

Raj Subramaniam became FedEx’s second ever CEO in the company’s 53-year history when he replaced founder Fred Smith in June 2022. It was a difficult time to take the helm: after the exuberance ...