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U.S. industrial economy.” As the company prepares to report fourth-quarter results after the closing bell Tuesday, that ...
FedEx cites China tariffs and end of de minimis rule as key drivers of a $170 million hit, prompting it to cut its annual ...
The company’s efforts to combine its Express and Ground networks carry much more risk than the $4 billion of cost cuts that ...
FedEx Corp. on Tuesday forecast a fiscal first-quarter per-share profit that came in shy of Wall Street’s expectations, ...
The underwhelming forecast sent investors spiraling, since the company often acts as a bellwether for several other ...
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Sourcing Journal on MSNFedEx Faces $170M in Tariff Headwinds as US Cracks Down on De MinimisChina-to-U.S. volumes “deteriorated sharply” in early May in a blow to the courier's most profitable intercontinental trade ...
FedEx said its newly streamlined air cargo network helped it adjust to tariff-induced demand fluctuations and make a profit ...
FedEx on Tuesday signaled caution for the year ahead and forecast current-quarter profit short of market expectations amid ...
Even before tariffs were announced, the package-shipping company had been grappling with subdued shipping demand.
Investors reacted sharply to FedEx’s muted Q1 guidance and decision to withhold a full-year outlook, triggering a 5% stock ...
FedEx reported better-than-expected fourth-quarter profits, but company officials warned of the impact of economic ...
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