We consider FedEx's balance sheet to be healthy and manageable. Total debt approached $20.6 billion as of fiscal year-end 2025 (ended in May), similar to levels posted over the past three years. FedEx ...

United Parcel Service UPS and FedEx FDX are two well-known global package delivery companies. Both these heavyweights offer a ...

Frederick W. Smith, who revolutionized express delivery as the founder and longtime chief executive of FedEx, a company that ...

United Parcel Service UPS is currently considered relatively overvalued, trading at a forward 12-month price to earnings (P/E) of 13.15X. This figure surpasses the Zacks Transportation—Air Freight and ...

Memphis is mourning the loss of FedEx founder Fred Smith, who died at age 80. Memphis leaders and officials praised Smith's contributions to the city and global commerce. Smith's innovative vision ...

Tesla's EU Sales Slumped in May Despite EV Market Growth Tesla's sales in the European Union logged another steep decline in May, continuing a downward trend for Elon Musk's electric-vehicle maker ...

FedEx said its newly streamlined air cargo network helped it adjust to tariff-induced demand fluctuations and make a profit during its latest quarter.

Fred Smith, FedEx’s billionaire founder and CEO, dies at 80 Overseeing a fleet of planes from his headquarters in Memphis, he transformed package delivery by promising overnight shipments.

FedEx reported better-than-expected fourth-quarter profits, but company officials warned of the impact of economic uncertainty — including tariffs.

Memphis is mourning the loss of FedEx founder Fred Smith, who died at age 80. Memphis leaders and officials praised Smith's contributions to the city and global commerce. This story will be updated.

For all of FedEx founder Fred Smith's renown as a businessman, his impact on sports in Memphis is equally immeasurable. Smith died on June 21.

FedEx founder and executive chairman Frederick W. Smith, who changed the face of global commerce and his adopted hometown of Memphis, has died at age 80.