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CMA CGM hires FedEx executive Moebel to lead Ceva Logistics
FreightWaves42d agoneutral
CMA CGM hires FedEx executive Moebel to lead Ceva Logistics

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.

Messenger-Inquirer, Owensboro, Ky.43d agoneutral
FedEx closing local shipping center in August

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 ...

What Will Q2 Earnings Season Show?
Zacks47d agoneutral
What Will Q2 Earnings Season Show?

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.

What Will Q2 Earnings Season Show?
Zacks47d agoneutral
What Will Q2 Earnings Season Show?

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.

FedEx Freight forecasts growth as standalone company
FreightWaves48d agoneutral
FedEx Freight forecasts growth as standalone 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.com48d agoneutral
FedEx Freight forecasts growth after spin-off despite margin pressure in Q4

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.

More FedEx MD-11 cargo jets return to service, others are retired
FreightWaves49d agoneutral
More FedEx MD-11 cargo jets return to service, others are retired

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.

An Analyst Says the FedEx Selloff Is a ‘Misinterpretation’ and the Revenue Beat Is Getting Buried
24/7 Wall St.49d agoneutral
An Analyst Says the FedEx Selloff Is a ‘Misinterpretation’ and the Revenue Beat Is Getting Buried

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

Investing.com49d agoneutral
Absci, FuelCell Energy surge premarket; Cerebras, FedEx tumble

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 boost revenue behind premium parcel, freight volumes
FreightWaves50d agoneutral
FedEx boost revenue behind premium parcel, freight volumes

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.

FedEx (FDX) Reports Q4 Earnings: What Key Metrics Have to Say
Zacks50d agoneutral
FedEx (FDX) Reports Q4 Earnings: What Key Metrics Have to Say

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 Earnings Beat Expectations. The Stock Is Falling Anyway.
Barrons.com50d agoneutral
FedEx Earnings Beat Expectations. The Stock Is Falling Anyway.

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.

FedEx Revenue Rises on Growth in Package Yields, Volume
The Wall Street Journal50d agoneutral
FedEx Revenue Rises on Growth in Package Yields, Volume

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 Earnings Due: A Milestone Report After Massive Transformation
Investor's Business Daily50d agoneutral
FedEx Earnings Due: A Milestone Report After Massive Transformation

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.