LOS ANGELES, June 20 (Reuters) - FedEx FDX.N on Tuesday said it will merge its contractor-based Ground delivery operations in Canada into its company-operated Express unit and convert contractors into ...
FedEx reported a 10% drop in Q4 revenue as demand remains challenged and cost-cutting initiatives continue in an effort to boost the balance sheet, including idling more planes, while announcing it is ...
While FedEx reported declining revenues across the company in the fourth quarter, officials remain optimistic about the logistics giant’s future. FedEx executives believe the adjustments they have ...
FedEx Corp. finished its 2023 fiscal year with mixed quarterly results as the freight carrier is in the midst of a deep cost-cutting and restructuring effort that officials insist will put the company ...