FedEx Supply Chain, Inc. announced via a public ... WARN notices are required by federal law for layoffs of more than 100 staff to give employees and state officials at least 60 days notice ...
A FedEx subsidiary that provides third-party logistics ... Other third-party logistics providers have recently cut workers as customer contracts changed. For example, Saddle Creek Logistics ...
Joe Raedle / Staff / Getty Images FedEx stock soared Friday after the company ... referring to the program announced almost a year ago to cut $4 billion in costs by 2025. "DRIVE is having a ...
Earlier, the company called for permanent cost reductions of $1.8 billion this year and cut its capital spending plan to $5.4 billion, compared with a previous estimate of $5.7 billion.
FedEx says it failed to reach an agreement on mutually beneficial terms with USPS following extensive discussions that ended on March 29. FedEx's agreement to provide domestic transportation ...
FedEx Corp.’s stock soared Friday, after the logistics company beat profit expectations, announced a new $5 billion share repurchase program and said it would continue to cut costs and trim its ...
Investors have been pressuring FedEx CEO Raj Subramaniam to improve ... yen slides as US rate-cut bets recede 2:18 AM UTC Macro Matterscategory Japan's machinery orders rise sharply, may ease ...
Houma Police Department said the driver was behind the wheel of a FedEx truck when it crashed into a home on Mary Hughes Drive Monday evening. There were people inside the home at the time of the ...
MEMPHIS, Tenn. (AP) Defending champion Justin Thomas is trying to break out of a bit of a slump at the FedEx St. Jude Invitational. Xander Schauffele is trying to build on his victory Sunday in ...
The curious case of Viktor Hovland in 2024 continues. Seven months ago, he was on top of the golfing world. He won the FedEx ...
FedEx has parked 17 more freighter aircraft since November and relinquished options to buy seven Boeing 767 cargo jets, part of a multiyear cost initiative that helped the parcel titan to better ...
Viktor Hovland is the PGA Tour's reigning FedEx Cup champion. He has never missed a cut at the Masters Tournament, and he finished in the top 20 of all four majors last year, tying for seventh at ...