Gordon Brothers Inc. — which operates Christmas Central, Christmas.com and more — filed for Ch. 11 bankruptcy protection just ahead of peak season.
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FedEx (NYSE:FDX) executives outlined how the company is using data, artificial intelligence and network integration to reduce costs, improve delivery precision and expand into supply-chain technology services during Citi’s TMT conference. President and CEO Raj Subramaniam said the company remains f

FedEx (NYSE:FDX) is facing a new lawsuit after a major collision in which a company truck driver allegedly fell asleep at the wheel, causing catastrophic injuries to the plaintiff. The complaint claims serious operational failures in FedEx's driver oversight and safety practices that, according to the filing, contributed to the crash. The case raises questions around FedEx's risk management, potential legal liabilities and insurance exposure. For investors tracking how transport and...

FedEx Freight announced that it has terminated Chief Specialized Services and Commercial Officer Mike Lyons, who was appointed to the role ahead of the company’s spinoff from FedEx Corp. The post FedEx Freight fires chief commercial officer following internal probe appeared first on FreightWaves.

FedEx stock has delivered an 86.0% return over the past year, while the Discounted Cash Flow (DCF) intrinsic value estimate currently indicates the shares trade at a 33.6% discount to that estimate. This points to a company that still screens as undervalued despite a strong run. Over the last 12 months, FedEx has returned 86.0%, which puts the recent share price firmly in focus for investors assessing how much upside, if any, remains. The push to automate parts of the network with robotic...

More than 500 people have lost jobs at FedEx, Staples and LAZ Parking; two facilities in Palm Springs and Victorville will close.
FedEx (NYSE:FDX) is selling its FedEx Supply Chain unit to French shipping group CMA CGM in a US$1.4b transaction. The deal will see CMA CGM’s CEVA Logistics nearly triple its North American contract logistics scale, according to company disclosures. As part of the sale, FedEx and CMA CGM plan multi year commercial agreements covering air and ocean freight services. This move marks a clear shift for FedEx toward its core express and ground parcel operations, while stepping away from large...
CMA CGM expands North American logistics while FedEx sharpens focus on its core parcel business.
FedEx (FDX) has agreed to sell its supply chain subsidiary to French shipping and logistics firm CMA
FedEx is leaning on DRIVE, Network 2.0 and other efficiency moves to offset soft shipping demand and top-line pressure.
The deal would nearly triple the size of CEVA Logistics' North American contract logistics operations and includes multiyear air and ocean freight agreements
FedEx is selling off its supply chain services division to CMA CGM, which will fold the business into its Ceva Logistics subsidiary. The post FedEx sells supply chain unit to CMA CGM for $1.4B appeared first on FreightWaves.
Operating income fell nearly 67% in the fourth quarter, weighed down by $205 million in spinoff costs, though revenue rose 4.8%
FedEx's structural improvements and divestitures have it on track to reduce debt and buyback shares, boost shareholder value, and drive its stock price upward.

<body><p>STORY: Shares of FedEx fell Wednesday morning after the company posted lower margins in its core delivery segment.</p><p>That raised investor doubts about its future following the spinoff of its highly profitable trucking unit.</p><p>In a bid to focus on its delivery business, FedEx spun off its trucking unit, FedEx Freight, earlier this month. </p><p>The slimmed-down company is under investor scrutiny to bolster profits and reduce costs, which have climbed for employee salaries and benefits as well as for outsourced transportation and fuel.</p><p>U.S. logistics firms including UPS and FedEx have been battling volume decline due to changing U.S. trade policies, while the Iran war has pushed fuel prices higher.</p><p>Also weighing on volumes is the loss of duty-free "de minimis" treatment for low-value e-commerce shipments tied to China-linked discount sellers, such as Shein and Temu.</p></body>
FedEx Corp (NYSE:FDX, XETRA:FDX) shares fell on Wednesday following its latest earnings report, even as Bank of America said the company continues to show strong underlying earnings momentum, with the post-earnings decline driven more by reporting-transition complexity than by operational...
The shipping giant reported adjusted EPS of $6.31 versus expectations of $5.96, but its new calendar-year profit forecast fell short of expectations
FedEx (NYSE:FDX) shares dropped more than 6% in premarket trading on Wednesday after the logistics group issued a 2026 profit forecast that fell short of market expectations, overshadowing stronger-than-expected fourth-quarter earnings and revenue. Fourth-Quarter Results Top EstimatesThe package delivery company reported adjusted earnings of $6.
The company exceeded savings goals and completed its freight spin-off.
FedEx reported Q4 earnings and revenue that beat Wall Street expectations.
The Nasdaq broke key support Tuesday as AI stocks sold off, even as SpaceX reversed higher. FedEx and AI chip IPO Cerebras reported late. Micron earnings loom.
Investing.com -- FedEx shares fell about 6% in after-hours trading on Tuesday after the package delivery giant issued a calendar year 2026 earnings outlook that came in below Wall Street expectations, overshadowing better-than-expected fourth-quarter results.
FedEx Corp (NYSE:FDX, XETRA:FDX) shares fell nearly 5% in after-hours trading on Tuesday after the package delivery company issued fiscal 2027 earnings guidance that came in below Wall Street expectations, overshadowing stronger-than-expected fourth quarter results. FedEx projected fiscal...

International courier service FedEx (FDX) topped fiscal fourth quarter estimates on adjusted earnings ($6.31 per share vs. expectations of $5.97). The stock is dropping in Tuesday's after-hours trading. Market Domination Overtime Anchor Josh Lipton takes a closer look at FedEx's earnings release.
The tech-heavy Nasdaq, now falling to second-place in gains year-to-date behind the small-cap Russell 2000, has dumped -1100 points since the first hour of trading yesterday.