FedEx News | Oct 01, 2024

FedEx shares rose 2.3% on Monday as analysts predicted increased demand for air freight due to a potential dockworker strike...


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FedEx

🌎 fedex.com

FedEx connects people and possibilities through a worldwide portfolio of shipping, transportation, e-commerce, and digital supply chain services. With a focus on innovation and customer service, FedEx has established itself as a leader in the freight and package transportation industry, serving millions of customers globally.


Updates as of Oct 01, 2024

  • FedEx shares rose 2.3% on Monday as analysts predicted increased demand for air freight due to a potential dockworker strike.
  • FedEx reported strong Q4 results for FY 2024 with an EPS of $5.41, exceeding analyst expectations, and provided FY 2025 EPS guidance of $20 to $22.
  • FedEx will use hydrotreated vegetable oil (HVO) in over 170 linehaul trucks and 16 tugs at three UK locations starting this month, aiming for an 80% reduction in lifecycle carbon emissions.
  • FedEx shares rose 2.7% on September 30, 2024.
  • FedEx launched its fdx platform for U.S. e-commerce merchants, integrating with Shopify, Etsy, Salesforce, and supporting carriers like UPS and the U.S. Postal Service.
  • FedEx is sponsoring Hamlin's car for the entire playoffs.
  • FedEx is currently seeking a Marketing Advisor in Singapore.
  • Jason Brenner has joined FedEx as Senior Vice President, Digital Portfolio, after serving as Senior Vice President at Michaels Stores in the United States.
  • Joël Bélanger has joined FedEx as Territory Director in Canada, previously serving as Account Executive at GoSecure.
  • FedEx lowered its full-year guidance due to weak industrial economy and declining U.S. delivery volumes.
  • FedEx will discontinue support for its Ship Manager Server software in early 2022 to focus on a more modern, cloud-based shipping platform.
  • Jauan Jennings made history as the first WR to win a FedEx Air & Ground Award, and FedEx will donate to an HBCU of the players' choosing.
  • FedEx is seeking independent contractors with various types of trucks for its ISP model in Cincinnati, OH.
  • FedEx is celebrating the 25th anniversary of its Charles de Gaulle air hub with an all-access virtual tour.

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