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WEBMay 29, 2024 · FedEx Launches the fdx Platform. Backed by FedEx data, fdx is now available to businesses of all sizes across the U.S. offering tools and insights to enhance customer experiences at every touchpoint.
FedEx consolidation: What we know about restructuring plan
WEBApr 5, 2023 · FedEx has announced a series of cost-cutting measures over recent months due to continually decreasing demand and high operating costs with Wednesday’s news being the latest one. The new single...
FedEx Reports First Quarter Diluted EPS of $3.21 and Adjusted ...
WEB5 days ago · Approximately 3.4 million shares were delivered under the ASR agreement, with the decrease in outstanding shares benefiting first quarter results by $0.03 per diluted share. FedEx expects to repurchase an additional $1.5 billion of common stock during fiscal 2025, for a buyback total of $2.5 billion.
FedEx combines air, ground, other operations to slash costs
WEBApr 5, 2023 · FedEx will combine almost all of its ground, air and other operations by next year as part of a $4 billion cost cutting plan. The package delivery company said Wednesday that FedEx Express, FedEx Ground, FedEx Services and other FedEx operating companies will be rolled into a single entity by June 2024 in a companywide …
FedEx charges ahead with Network 2.0, rolling out to dozens ...
WEBMar 22, 2024 · FedEx is charging ahead with its plan to combine the delivery operations of its separate Express and Ground units, as "Network 2.0" is now implemented in more than 50 locations across its network, President and CEO Raj Subramaniam said Thursday.
FedEx’s stock soars toward a 3-year high after a profit beat ...
WEBMar 22, 2024 · 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...
FedEx Announces Planned Consolidation of Operating Companies
WEBNew operating structure will create even greater flexibility, efficiency, and intelligence to unlock value for customers, team members, and stockholders. Company hosts DRIVE Investor Event to provide further detail on progress toward $4 billion in benefits from transformation. Announces 10% dividend increase.
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