FedEx expects to eat $175 million in extra costs to replace capacity caused by the temporary grounding of MD-11 aircraft, but that’s a blip for a company that just reported a $1.6 billion operating ...
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FedEx lifts outlook despite $175M headwinds from MD-11 grounding
Stronger domestic volumes and pricing offset air fleet disruptions and elevated spinoff costs at FedEx Freight as the carrier reshapes its global air network.
PARCEL delivery company FedEx said it was planning for $175 million in unexpected peak-season costs to find trucks and planes to move goods that would have flown on its fleet of MD-11 cargo planes ...
Morning Brief host Julie Hyman takes a closer look at some trending tickers on Friday: Oracle (ORCL), Nike (NKE), and FedEx ...
Explore how FedEx operates within global logistics, detailing service segments, network integration, and market presence ...
FedEx Corp. offered investors a sign that Chief Executive Officer Raj Subramaniam’s turnaround plan may be worth the wait.
Revenue and profit growth at shipping giant FedEx bode well for the company's overhaul efforts and the critical holiday sales season.
The growth was primarily fueled by higher yields in U.S. domestic and international priority shipping, alongside increased ...
Carrier shifts volume to alternative aircraft and third-party lift as 25 MD-11Fs remain out of service through peak season ...
Notably, FedEx ( FDX) lifted its 2026 revenue outlook to 5% to 6% year-over-year growth vs. prior outlook of 4% to 6%. The ...
The shipping heavyweight raises the low end of its profit outlook for the year Read more at The Business Times.
US cargo carrier Fedex Express has been forced into making massive operational changes since the crash of UPS Airlines Flight ...
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