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

FedEx President and CEO Raj Subramaniam said the Q2 performance was especially good given global trade policy changes and air ...

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 ...

In recent months, FedEx has advanced its multi-year DRIVE and Network 2.0 transformation programs, while outlining plans to separate FedEx Freight into an independent, publicly traded company by June ...

In recent days, FedEx amended its US$3.5 billion credit agreements with major banks to prepare for the planned spin-off of FedEx Freight by June 2026 while managing operational changes after grounding ...

Shares of FedEx Corp. stumbled at the opening bell Wednesday amid concerns that slower freight demand could weigh on the shipping giant’s earnings. J.P. Morgan downgraded FedEx FDX to neutral from ...

FedEx Corp. named Marshall Witt chief financial officer of FedEx Freight effective Oct. 15 as the unit prepares for its planned spinoff. Witt, a former FedEx executive and recent TD SYNNEX CFO, brings ...

(Reuters) -FedEx said on Monday it has appointed former company executive Marshall Witt as the finance chief of its freight trucking unit, effective October 15, completing the leadership team for the ...

Marshall Witt, formerly the chief financial officer of TD SYNNEX, a global IT distributor and solutions provider, has been appointed senior vice president and chief financial officer of FedEx Freight, ...

KIRKWOOD, N.Y. (WBNG) -- The Broome County Sheriff’s Office charged an Endicott man after allegedly stealing 27 iPhones from a FedEx facility. On June 20, at about 4:00 a.m., members of the Broome ...

"We actually have not done a good enough job in acquiring small customers," Brie Carere told a recent BofA conference. The freight titan’s board has also tapped John Smith to lead the LTL operation ...

May 19 (Reuters) - Delivery giant FedEx (FDX.N), opens new tab said on Monday it has appointed insider John Smith as CEO of its freight trucking spinoff, FedEx Freight. Smith, who is the chief ...