Begin your TipRanks Premium journey today. FedEx (FDX) Company Description: Founded in 1971, FedEx Corp. is a multinational delivery services company based in Tennessee. It provides ...
FedEx and United Parcel Service are escalating their rivalry, competing for parcel volume from some of their smallest customers ahead of a challenging holiday season, The Wall Street Journal reports.
In its fiscal 2024, which ended in May, FedEx derived 47% of revenue from its express division, 37% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment. The ...