fedex

Frederick W. "Fred" Smith, whose Yale term paper sketching a coast-to-coast overnight-delivery network drew only a "C," used the same blueprint six years later to launch Federal Express (NYSE:FDX), upending global logistics and making him a billionaire. Smith died Saturday, June 21, in Memphis at...

The U.S. stock market reached new heights today, following the Federal Reserve’s unexpected decision to cut interest rates for the first time in over four years. This bold move led to a surge in the S&P 500 and Dow Jones indices, reaching all-time highs of 5,700 and 42,000 points...

FedEx Corp. (NYSE:FDX) has announced a data-driven E-commerce platform. The logistics goliath is calling it fdx. What Happened: FedEx shared details about its novel platform on Sunday. This system is designed to meld all facets of the customer journey, making it easier for businesses to enhance...

On Tuesday, major U.S. indices were seen trading in the green. The Dow Jones Industrial Average rose 0.68% to 37,557.92, while the S&P 500 increased 0.59% to 4,768.37. The tech-heavy Nasdaq also saw gains, ending the day 0.66% higher at 15,003.22. These are the top stocks that gained the...

Today, the stock market witnessed a mix of optimism and caution. The Federal Reserve’s decision to maintain the key overnight interest rate unchanged was the main news of the day. This move by the Federal Reserve is seen as a response to the ongoing economic challenges and uncertainties. On...

What's next for United Parcel Service Inc. (NYSE: UPS) stock after management and the Teamsters union came to an agreement on a new contract, averting a strike?   Judging by the stock's price action since the parties struck a deal, investors seem unsure of what to expect now....

What started as a traffic stop for weed led authorities in Georgia to uncover a check-cashing and mail fraud scheme.  What Happened: The Elite Blackhawk Squad - yes, Clayton County has a traffic team with this name and one of their specialties is tracking down weed on...

The S&P 500 traded lower for the third consecutive week on concerns inflation may be more stubborn than anticipated. On Friday, the Bureau of Economic Analysis reported the personal consumption expenditures price index increased by 5.5% year-over-year in the month of November, down from 6.1% in...

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. What Happened: FedEx announced Fred Smith, the founder,...

According to recent reports, thieves have been looting cargo containers aboard trains near downtown Los Angeles.  The majority of the packages being stolen are from Amazon.com, Inc. (NASDAQ: AMZN), United Parcel Service, Inc. (NYSE: UPS), and FedEx Corporation (NYSE: FDX). ...

A corporation’s logo can be an extremely important part of its brand and have a major impact on how that company is perceived. First impressions are priceless, and a logo is often the first thing a potential customer or investor sees when researching a company. @TrungTPhan, a business and...

The hole that FedEx Corp. finds itself in is, in some respects, not of its own digging. It can't force people to accept job offers, nor can it control the wages its competitors are willing to pay. It can't stop or slow the unprecedented surge in parcel-delivery volumes that have pulled forward...

On Tuesday, parcel delivery company FedEx Corporation (NYSE: FDX) reported a decline in quarterly profit along with cutting its earnings outlook due to higher costs and labor shortages. Upon the news, its shares declined more than 4% in after-hours trading. Figures For the quarter that ended in...

FedEx Corp. (NYSE: FDX) will integrate Aurora Innovation's high-autonomy software-equipped trucks from PACCAR Inc. (NASDAQ: PCAR) into its linehaul logistics operations in Texas, the latest example of real-world testing of robot-driven trucks. Aurora, a latecomer to autonomous trucking after...

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