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FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally.

It operates through FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services segments. The FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; and time-critical transportation services.

The FedEx Ground segment provides small-package ground delivery services. The FedEx Freight segment offers less-than-truckload freight transportation services.

The FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection, and back-office support services.

In addition, the company offers supply chain management solutions; and air and ocean cargo transportation, specialty transportation, customs brokerage, and trade management tools and data.

The company was founded in 1971 and is headquartered in Memphis, Tennessee.

Latest News >

Royal Philips Plans to Repurchase Up to $136.8 Million in Shares

Aug 5, 2024

07:10 AM EDT, 08/05/2024 (MT Newswires) -- Royal Philips (PHG) said Monday it will repurchase up to 125 million euros ($136.8 million) in common shares to cover a portion of its obligations under long-term incentive plans. The company estimates the buyback to include about 4.8 million shares based on its current share price. Price: 27.67, Change: -0.81, Percent Change: -2.84...

Sonic Automotive Q2 Earnings, Revenue Fall; Announces Quarterly Dividend

Aug 5, 2024

07:11 AM EDT, 08/05/2024 (MT Newswires) -- Sonic Automotive ( SAH ) reported Q2 adjusted earnings Monday of $1.47 per diluted share, down from $1.83 a year earlier. Analysts polled by Capital IQ expected $1.38. Revenue for the quarter ended June 30 was $3.45 billion, down from $ 3.65 billion a year earlier. Analysts surveyed by Capital IQ expected $3.56...

Honeywell Automation India's Q1 profit jumps on order execution

Aug 5, 2024

BENGALURU (Reuters) - Engineering firm Honeywell Automation reported higher first-quarter profit on Monday, aided by execution of existing orders. The Indian unit of U.S.-based Honeywell International reported a profit of 1.37 billion rupees (around $16 million), compared to 1.03 billion rupees a year ago. Execution of legacy projects and stable costs helped boost earnings of Honeywell, analysts said. The company...

Market Chatter: US Expected to Propose Chinese Software Ban in Self-Driving Vehicles

Aug 5, 2024

07:09 AM EDT, 08/05/2024 (MT Newswires) -- The US Commerce Department is planning to propose banning Chinese software in American self-driving vehicles with Level 3 automation and above, Reuters reported Sunday, citing people briefed on the matter. The Biden administration is also expected to propose prohibiting Chinese-developed advanced wireless communications abilities modules from driving on US roads, the report said....