FedEx newsroom
May 29, 2024 · FedEx newsroom. Featured News. Global (English) FedEx Launches the fdx Platform. Sep 18, 2024. Backed by FedEx data, fdx is now available to businesses of all sizes across the U.S. offering tools and insights to enhance customer experiences at every touchpoint. Global (English)
FedEx consolidation: What we know about restructuring plan
Apr 5, 2023 · FedEx has announced a series of cost-cutting measures over recent months due to continually decreasing demand and high operating costs with Wednesday’s news being the latest one. The new single...
FedEx promised investors $4 billion savings by consolidating ...
May 22, 2024 · Technology consolidation is key to FedEx's efforts to achieve its goal, announced last year, of $4 billion in cost savings by the end of fiscal 2025 under the new "one FedEx" unified delivery...
FedEx combines air, ground, other operations to slash costs
Apr 5, 2023 · FedEx will combine almost all of its ground, air and other operations by next year as part of a $4 billion cost cutting plan. The package delivery company said Wednesday that FedEx Express, FedEx Ground, FedEx Services and other FedEx operating companies will be rolled into a single entity by June 2024 in a companywide reorganization.
FedEx Announces Planned Consolidation of Operating Companies
New operating structure will create even greater flexibility, efficiency, and intelligence to unlock value for customers, team members, and stockholders. Company hosts DRIVE Investor Event to provide further detail on progress toward $4 billion in benefits from transformation. Announces 10% dividend increase.
FedEx tightens 2024 profit forecast on cost cuts, shares jump ...
March 21 (Reuters) - FedEx (FDX.N) narrowed its fiscal 2024 profit forecast on Thursday, raising the bottom end and lowering the top, as cost cuts take hold and share buybacks help offset...
FedEx to combine delivery units as part of a $4 billion cost ...
Apr 5, 2023 · FedEx shares rise following consolidation announcement. FedEx said on Wednesday it will consolidate its separate delivery companies into a single entity, as the group slims its bloated...