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The Latest Breaking News from FedEx

How Trump's "Big Lie" was built

Internal documents show Trumpworld conspiracy theorists knew their claims were disproven, disputed or dubious

Salon

UPS Tops Q1 Earnings Forecast, Plans $2 Billion Share Buyback Target

“The agility of our network and the continued execution of our strategy, putting us on our way to achieving our 2022 consolidated financial targets," said CEO Carol Tomé.

The Street

Buy the Dip: FedEx and SAP

The major stock market indices slid last week on unabated investor concerns over the potential for a recession caused by high inflation and surging energy prices. Amid this scenario, we think investors could buy the recent price dips in fundamentally sound stocks FedEx Corporation (FDX) and SAP SE (SAP) for…

StockNews.com

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Teamsters boss bragged ‘you can cut my fingers off, I wouldn’t talk’ years before deal with feds

It’s yet another made-for-Hollywood scene straight out of real-life Chicago corruption, according to an FBI affidavit recently obtained by the Chicago Sun-Times. It happened more than two years before John Coli struck a deal with the feds and admitted he’d taken $325,000 in cash payments from…

Chicago Sun-Times

BrightDrop And FedEx Set New Guinness World Record

BrightDrop announced that in collaboration with FedEx, has set a new Guinness World Record title for greatest distance traveled by an electric van on a charge.

InsideEVs

Nirmala Sitharaman meets heads of FedEx, Mastercard, others during US visit

The Finance Minister is in the US to attend IMF-WB Spring Meetings 2022.

The Hindu

FedEx Express expands Newcastle International Airport base creating new jobs

The international logistics firm said it was expanding to serve growing export and import demands in the North East

Birmingham Post

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How 'significant impact' of losing major Amazon deal led to collapse of logistics firm and loss of all jobs

The company also had contracts with FedEx, Hermes, Yodel and DPD

Birmingham Post

Citing safety concerns, whistleblowers urge revamp of aging Boeing 737 Max cockpit

Last month, two prominent flight control experts and whistleblowers — one ex-Boeing, one ex-FAA — delivered to the U.S. Senate committee overseeing aviation a technical proposal to upgrade Boeing's 737 Max cockpit to current design standards.

Tribune News Service

Amazon is UPS's biggest customer — and biggest competitive threat

United Parcel Service (UPS) and its brown delivery trucks ruled American streets for decades.

Tribune News Service

Families of 5 killed in Indiana FedEx shooting file lawsuit

Relatives of five of the eight people fatally shot last year at an Indianapolis FedEx warehouse by a former employee are suing the shipping giant and a security company, accusing them of negligence and of failing to ensure that the workplace was safe for its workers

The Independent UK

Santa Anita Derby appears to be a victim of its own success

LOS ANGELES — As horse racing enters its final weekend of major Kentucky Derby prep races, all eyes are on the Santa Anita Derby, with a look to both the quality and quantity of the field. It seems the race has become a victim of its own success.

Los Angeles Times

What Are Whales Doing With FedEx

A whale with a lot of money to spend has taken a noticeably bearish stance on FedEx. Looking at options history for FedEx (NYSE:FDX) we detected 21 strange trades.

Benzinga

FedEx Finds a Way to Use Drones (It's Not What Amazon's Doing)

Middle-mile drone delivery may sound less exciting but is no less important.

The Street

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Input

FedEx to introduce autonomous drone cargo delivery vehicles next year

The partnership with Elroy Air aims to expedite the overall delivery process.

Benzinga

FedEx Partners With Elroy Air To Test Autonomous Drone Cargo Delivery

FedEx Corp (NYSE:FDX) subsidiary FedEx Express is partnering with California Bay Area-based Elroy Air, the company building the first end-to-end autonomous vertical take-off and landing (VTOL) aerial cargo system. FedEx Express will develop plans to test Elroy Air's Chaparral autonomous air cargo system within its middle-mile logistics operations, moving shipments between sortation locations.…

Benzinga

6 Best Transportation Stocks To Buy Right Now: FedEx, UPS And More

Airlines and cruise line stocks have had an extremely volatile couple of years since the pandemic completely shut down global travel back in 2020. Travel industries still haven't recovered to their pre-pandemic levels. In addition, ongoing supply chain issues have created extreme volatility in transportation prices among railroad, trucking and…

Benzinga

If You Invested $1,000 In FedEx Stock At The IPO, Here's How Much You'd Have Now

Shipping and logistics company FedEx Corp (NYSE: FDX) announced Tuesday morning a change to its CEO to happen later in 2022 as its founder and longtime CEO will step down. Here’s a look at how shares have performed since their IPO.

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Benzinga

Looking At FedEx's Recent Whale Trades

A whale with a lot of money to spend has taken a noticeably bullish stance on FedEx. Looking at options history for FedEx (NYSE:FDX) we detected 34 strange trades.

Investors Business Daily

FedEx Stock Pops On CEO Change, UPS Expands Google Cloud Partnership

FedEx stock rose as founder Fred Smith will step aside as CEO. UPS expands Google Cloud ties as businesses generate more data.

StockNews.com

5 Value Stocks to Reinforce Your Portfolio in Q2 2022

Due to concerns over the possibility of aggressive interest rate increases and the consequences of a prolonged Ukraine-Russia war, current market volatility has caused many quality stocks to trade at attractive valuations. For example, fundamentally sound stocks Lockheed Martin (LMT), HCA Healthcare (HCA), FedEx (FDX), Enterprise Products (EPD), and Walgreens…

The Street

Stock Market Today-3/29: Stocks Close Higher As Russia Scales Back Military Activity Amid Peace Talks With Ukraine

Wall Street adds on to its March rally Tuesday, as peace talks between Russia and Ukraine resume in Istanbul, but worries bond market moves may cap gains later in the session.

The Street

FedEx Stock Jumps As Founder And CEO Fred Smith Moves To Chairman Role

COO Raj Subramaniam will replace FedEx's iconic leader Fred Smith as head of the world's biggest package delivery group later this year.

Benzinga

FedEx Promotes Raj Subramaniam To Succeed Frederick Smith As CEO

FedEx Corp (NYSE:FDX) has promoted its President and Chief Operating Officer (COO), Raj Subramaniam, to Chief Executive Officer (CEO) and President, effective June 1, 2022. The company's Chairman and CEO, Frederick W. Smith, will become Executive Chairman, effective the same date. Subramaniam has been named President and CEO-elect of FedEx, effective immediately. Subramaniam,…

The Street

Stocks Higher, Bond Yields Test Inversion, FedEx, Micron and Dave & Busters - Five Things You Must Know

Stock futures bump higher amid Russia-Ukraine peace talk optimism; U.S. treasury curve nears inversion as Fed rate bets gather pace; FedEx jumps as CEO Fred Smith steps aside after nearly five decades; Micron gains as data center chips look to drive Q2 earnings and Dave & Buster's slumps on holiday…

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