FedEx expects to incur US$175M in additional costs as it works around the mandatory grounding of its MD-11 freighter fleet.
US express cargo operator FedEx is working on the expectation that the grounded Boeing MD-11 freighter fleet will return to ...
BEACHWOOD, Ohio -- A customer created a scene while leaving a Beachwood Place mall store after being turned down for a refund ...
Instacart has agreed to pay consumers $60 million to settle a Federal Trade Commission lawsuit claiming the company engaged in deceptive tactics. The agency’s lawsuit asserts Instacart deceived ...
Analysts lift FedEx price forecasts following Q4 earnings beat, citing better-than-expected Express margins and ongoing ...
FedEx expects to eat $175 million in extra costs to replace capacity caused by the temporary grounding of MD-11 aircraft, but that’s a blip for a company that just reported a $1.6 billion operating ...
Stronger domestic volumes and pricing offset air fleet disruptions and elevated spinoff costs at FedEx Freight as the carrier reshapes its global air network.
Nearly 1 in every 10 retail items that are returned for a refund in the U.S. is fraudulent, according to a UPS-owned reverse logistics company that says it plans to combat the $76.5 billion problem ...
Citi analysts said that FedEx is making progress on its long-term margin improvement objective; however, freight challenges are likely to limit the stock's near-term upside.
Carrier shifts volume to alternative aircraft and third-party lift as 25 MD-11Fs remain out of service through peak season ...
That's the extra costs FedEx incurred in November after the UPS cargo plane crash led to the [grounding of all MD-11 planes]( ...
Good afternoon, and welcome to FedEx Corporation's Second Quarter Earnings Conference Call. The second quarter earnings release, Form 10-Q and Stat Book are on our website at investors.fedex.com. This ...