For the fiscal second quarter, FedEx reported adjusted earnings per share of $4.82 from sales of $23.5 billion. Wall Street ...
Shoppers wanting to get their packages delivered by Christmas Day should note the timelines recommended by FedEx, UPS and the ...
The MD-11 fleet was grounded in late 2025 after an emergency FAA Airworthiness Directive mandated inspections for fatigue ...
Christmas shipping deadlines are rapidly approaching for packages being sent through shipping giants UPS, FedEx and the U.S.
Post offices will be open and delivering mail on Christmas Eve, despite an executive order declaring it a federal holiday. UPS and FedEx will both be making deliveries on Christmas Eve, though some ...
FedEx said it incurred $25 million in additional costs in November after last month’s UPS cargo plane crash led to the grounding of all MD-11 planes, including FedEx’s fleet. FedEx expects even higher ...
6don MSN
Grounded MD-11 planes could cost FedEx $175 million in peak season, drag on near-term profit
Parcel delivery company FedEx said it was planning for $175 million in unexpected peak-season costs to find trucks and planes ...
Christmas is less than a week away, but shipping providers still have options to send packages on time ahead of Dec. 25.
During FedEx Freight’s fiscal second quarter ended Nov. 30, revenue fell 1.7% year over year to $2.14 billion. A 2.8% decline ...
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 ...
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