Patrick Moebel, who spent years running FedEx Logistics and Geodis’s North American business, was named CEO of Ceva Logistics on Wednesday. The post CMA CGM hires FedEx executive Moebel to lead Ceva Logistics appeared first on FreightWaves.
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The sale of FedEx Supply Chain nearly triples Ceva Logistics' North American contract logistics footprint while sharpening FedEx's focus on parcel delivery.
French container shipping group CMA CGM is nearing a deal to buy FedEx’s third-party logistics business for $1.4bn in cash, further strengthening...
FedEx will be closing its local shipping center at 2200 Ragu Drive next month. According to David Westrick, a FedEx spokesman, the facility will be closing permanently on Aug. 29. Westrick said he could not provide any specific details about the number of employees that will be affected or how this will affect local FedEx shipping services. Local customers have already started receiving emails ...
After grounding its entire MD-11 fleet in November, the carrier began reintroducing the aircraft in May, CEO Raj Subramaniam said.
The revisions trend for full-year 2026 is even more positive than for Q2, with estimates for 11 of the 16 Zacks sectors going up since the start of March.
The revisions trend for full-year 2026 is even more positive than for Q2, with estimates for 11 of the 16 Zacks sectors going up since the start of March.
Shipping companies are at the forefront of efforts to both seek payback from the government for tariffs illegally collected under the International Emergency Powers Act and pass on the money to customers.
The LTL carrier has its sights set on gaining market share in the healthcare, grocery and technology markets as an independent company.
FedEx Freight expects profit margin to grow by more than 9% in the back half of the year, up more than a point from last year’s growth. The post FedEx Freight forecasts growth as standalone company appeared first on FreightWaves.
Investing.com -- FedEx Freight on Thursday outlined a stronger earnings outlook for the remainder of 2026 as it begins operating as an independent publicly traded company, despite reporting sharply lower quarterly profit due to separation-related costs, weaker shipment volumes and higher labor expenses.
The company expects revenue to grow 4% to 6% for June 1 to Dec. 31, and said the outlook reflects its confidence in the underlying strength of the business..
The carrier will prioritize returning duties first to shippers that opt in to sharing shipment and refund data with vendor partners.
FedEx is slowly redeploying its fleet of MD-11 aircraft that were grounded for seven months following the fiery crash of a UPS freighter, but has also decided to retire 10 aging aircraft. The post More FedEx MD-11 cargo jets return to service, others are retired appeared first on FreightWaves.
Reimbursements will begin in August, says the logistics giant, whose Q4 revenue benefited substantially from Iran war-driven fuel surcharges.
The day after FedEx (NYSE:FDX) reported, the stock is down again, and an analyst on CNBC’s Closing Bell Overtime spent his segment trying to convince viewers that the people selling are reading the wrong line of the income statement. The shares finished the prior session lower and slid another 1.83% in Wednesday’s session to $311.43, ... An Analyst Says the FedEx Selloff Is a ‘Misinterpretation’ and the Revenue Beat Is Getting Buried
FedEx (FDX) may face near-term pressure from the recent spin-off of its freight business and a trans
The delivery giant is posting impressive sales growth, but a tangle of new expenses has investors hitting the brakes.
Investing.com - U.S. stock index futures were mixed on Wednesday, with the S&P 500 and Nasdaq edging higher after a bruising two-day selloff in technology and semiconductor shares. Investors were also looking ahead to earnings from memory chipmaker Micron for fresh clues on the outlook for artificial intelligence-related demand.
FedEx (FDX) shares fell early Wednesday after the company provided a calendar-year earnings outlook
FedEx touts premium revenue mix, cost savings and stronger cash flow as it resets its calendar 2026 outlook after a solid fiscal fourth quarter.
FedEx Corp (FDX) reports robust revenue growth and highest operating margin in four years, despite challenges from fuel costs and global trade policies.
FedEx reported strong quarterly results, driven by growth in package volumes and yields as the company focuses on high-margin logistics business. The post FedEx boost revenue behind premium parcel, freight volumes appeared first on FreightWaves.
While the top- and bottom-line numbers for FedEx (FDX) give a sense of how the business performed in the quarter ended May 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

FedEx stock sinks despite an earnings beat.

FedEx stock sinks despite an earnings beat.
FedEx (FDX) delivered earnings and revenue surprises of +6.81% and +3.42%, respectively, for the quarter ended May 2026. Do the numbers hold clues to what lies ahead for the stock?
Shares of shipper FedEx fell after the company beat expectations for fourth quarter earnings and revenue and sees continued profit growth this year. Shares fell 4.4% in after hours trading to $303.29. FedEx reported fourth quarter revenue of $25 billion and adjusted earnings of $6.21 a share.
Chief Executive Raj Subramaniam said FedEx’s growth strategy is working, and with the spinoff of its freight division, the company is positioned to further optimize its network and lower costs.
FedEx prepares to release earnings for its fiscal fourth quarter after Tuesday's market close, its first report after executing a momentous structural transformation. FedEx stock dropped near a buy point, and rival UPS also lost grund. The restructuring included spinning off FedEx Freight, its less-than-truckload business, earlier this month.