The tight labor market led to a year-over-year cost increase of about $450 million. If you just look at revenue, it appears that FedEx had a strong, healthy quarter. The company made $22 billion ...

To illustrate the point on its labor challenges, FedEx shared the current state of play at one of its facilities in Portland, Oregon. A FedEx driver delivers a cart of packages, Thursday, May 6 ...

Labor challenges have been a $470 million headache for FedEx this year, its earnings revealed. But higher pay is bringing a flood of workers, the company said, and the wage increases are "here to ...

FedEx Corporation (NYSE:FDX), a global leader in express delivery services, finds itself at a critical juncture as it navigates a complex landscape of strategic initiatives, market challenges, and ...

FedEx is rerouting more than 600,000 packages a day in its Ground network to keep up with service standards due to staffing shortages at company hubs, President and COO Raj Subramaniam said during ...

The 21% single-day loss for FedEx shares easily tops their 16% plunge the day of the 1987 stock market crash, and a 15% drop during the stocks sell-off in March 2020 in the early days of the pandemic.

It has overcome its labor challenges and is well positioned to progress on its 2026 goals for margin expansion and sales growth. However, given how this year has gone, I expect UPS to reach these ...

From a focus on Europe to a possible COVID-19 vaccine mandate for employees, 2022 is shaping up as an interesting year for the biggest employer in Memphis, global shipping giant FedEx.

In its most recent corporate developments, FedEx addressed growing issues concerning supply chain disruptions and labor shortages with a report highlighting how the company’s 375,000 U.S.-based ...

Burdensome regulations, outdated labor laws and international trade barriers are growing threats to small businesses in the United States, said Frederick Smith, chairman, president & CEO of FedEx ...

FedEx Corporation (NYSE: FDX), a prominent player in the Air Freight & Logistics industry with an $57.8 billion market capitalization, finds itself at a critical juncture as it navigates through a ...

It has overcome its labor challenges and is well positioned to progress on its 2026 goals for margin expansion and sales growth. However, given how this year has gone, I expect UPS to reach these ...