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 ...

On December 19, 2024, FedEx Corp. (NYSE: FDX, $278.66, Market Capitalization: $67.1 billion) announced that its Board of Directors had concluded a comprehensive assessment of the role of FedEx Freight ...

Parcel delivery company FedEx said it was planning for $175 million in unexpected peak-season costs to find trucks and planes ...

FedEx has already spent hundreds of millions of dollars on the separation process, with more costs expected before the ...

The MD-11 fleet was grounded in late 2025 after an emergency FAA Airworthiness Directive mandated inspections for fatigue ...

FedEx said it incurred $25 million in additional costs in November after last month’s UPS cargo plane crash led to the grounding of all MD-11 planes, including FedEx’s fleet. FedEx expects even higher ...

FedEx (FDX) is back in the spotlight after a wave of upbeat analyst commentary tied to its sweeping transformation plan, ...

During FedEx Freight’s fiscal second quarter ended Nov. 30, revenue fell 1.7% year over year to $2.14 billion. A 2.8% decline ...