UPS seen grappling with hit from cheap deliveries ahead of key holiday season
Wall Street expects United Parcel Service to report a rise in adjusted quarterly profit on Thursday, even as concern mounts over stubbornly soft demand
October 23, 2024Wall Street expects United Parcel Service to report a rise in adjusted quarterly profit on Thursday, even as concern mounts over stubbornly soft demand
October 23, 2024FedEx earnings miss could signal a slowing economy
September 20, 2024Shares of FedEx slumped over 15% on Friday, the worst in two years, after a dismal first-quarter profit drop due to anemic economic conditions and an
September 20, 2024FedEx reported a steep quarterly profit drop and lowered its full-year revenue forecast on Thursday after its customers continued to trade down from
September 19, 2024CNN's Pete Muntean sits down with the two pilots credited with preventing a tragedy last year.
September 13, 2024United Parcel Service said on Wednesday its pickup and delivery services in the southern part of the U.S., especially Louisiana, may be impacted due to Hurricane Francine.
September 11, 2024FedEx said on Tuesday pickup and delivery services in some markets of Louisiana could be disrupted by the expected upheaval from Storm Francine, which is set to become the fourth hurricane
September 10, 2024FedEx said on Thursday it has invested in AI robotics and autonomous technology company Nimble to help scale up the delivery giant's Fulfillment unit which aids small and medium-sized
September 05, 2024Police search for alleged package thief who appears to follow FedEx truck
August 02, 2024FedEx Corp said that its network was now operating across the globe after it faced substantial disruptions due to a worldwide IT outage experienced by a third party software vendor on
July 19, 2024A FedEx Airlines Boeing 767 cargo plane landed at Istanbul Airport on Wednesday without its front landing gear, a Turkish Transport Ministry
July 02, 2024FedEx is planning to cut between 1,700 and 2,000 back-office jobs in Europe, in its latest push to cut costs as the parcel delivery giant combats a slump in freight demand
June 28, 2024FedEx shares jumped as much as 15% on Wednesday after the delivery giant reassured investors with a bullish annual profit forecast and
June 26, 2024FedEx on Tuesday forecast fiscal 2025 profit above analysts' estimates, and shares in the delivery giant soared as executives said slashing expenses
June 25, 2024Parcel delivery firm FedEx Corp said on Friday that it has reinstated international priority inbound and outbound services in Ukraine.
June 10, 2024Federal investigators say an air traffic’s controller’s faulty assumption nearly caused a runway collision at a Texas airport last year
June 06, 2024UPS and FedEx are facing uncertainty in U.S. supplies of big, boxy electric step vans they need to replace their gas
May 10, 2024United Parcel Service expects its newly won U.S.
May 08, 2024A federal judge on Monday ruled that a small business contracted to deliver packages for FedEx on the California-Oregon border must arbitrate with FedEx over claims it made
May 06, 2024FedEx shares surged in premarket trading on Friday after the parcel giant beat estimates for quarterly profit and reported a higher operating margin at Express, its largest unit.
April 26, 2024FedEx raised its fiscal 2024 profit forecast on Thursday, expecting cost cuts to offset a decline in demand from its largest customer, the U.S. Postal Service (USPS).
April 26, 2024A federal appeals court on Thursday threw out a $366.2 million verdict against FedEx in a lawsuit filed by a Black former sales manager who claimed she was fired for accusing her
April 26, 2024U.S. parcel delivery giant FedEx Corp said that it hasn't seen much of a shift to air freight due to
April 26, 2024Shares of FedEx fell about 10% in trading before the bell on Wednesday, a day after the parcel delivery firm missed expectations for quarterly profit and trimmed its revenue forecast for
April 26, 2024