The shipping carrier is calling out a growing trend that speaks volumes about the current state of the industrial economy.
FedEx Corp shares slumped on Friday after the parcel giant cut its annual revenue forecast and reported a sharp fall in profits, owing to weak demand for high-margin speedy delivery services.
The S&P 500 and Nasdaq lost ground at midday Friday after rallying to record highs Thursday in the wake of the Federal ...
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...
FedEx shares plunged 15% Friday, a day after the package delivery giant missed quarterly estimates and lowered its full-year forecast as demand dropped, especially in the U.S.
A man was arrested for firing two shots into an occupied FedEx delivery van Thursday in Cinco Bayou, nearly striking the ...
NAPA, Calif. (AP) -- Patton Kizzire ended a long victory drought Sunday in the Procore Championship, closing with a ...