US31428X1063 - Common Stock
FEDEX CORP
NYSE:FDX (4/25/2024, 7:04:00 PM)
After market: 265.52 0 (0%)265.52
-0.55 (-0.21%)
FedEx Corp. provides a broad portfolio of transportation, e-commerce and business services under the FedEx brand. The company is headquartered in Memphis, Tennessee and currently employs 328,000 full-time employees. The firm's segments include FedEx Express, FedEx Ground, FedEx Freight and FedEx Services. The FedEx Express segment offers a range of United States domestic and international shipping services for delivery of packages and freight. The FedEx Ground segment provides small-package ground delivery services, which includes day-certain service to any business address in the United States and Canada, as well as residential delivery services through its FedEx Home Delivery service. The FedEx Freight segment offers less-than-truckload (LTL) freight services. The FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection services, and certain back-office functions that support the Company's operating segments.
FEDEX CORP
942 South Shady Grove Road
Memphis TENNESSEE 38120
P: 19018187500
CEO: Frederick W. Smith
Employees: 328000
Website: https://www.fedex.com/
Facing a delayed interest rate cut and mixed economic indicators, exploring top dividend stocks is a more prudent investment approach.
Shipping companies like UPS and FedEx are facing uncertainty in U.S. supplies of big, boxy electric step vans they need to replace their gas guzzlers.
United Parcel Service expects its newly won U.S. Postal Service (USPS) air cargo contract to be profitable in its first year and throughout the more than five-year deal, after rival FedEx struggled with the business, Chief Executive Carol Tome said on Tuesday. Atlanta-based UPS will become the No. 1 USPS air cargo service provider on Sept. 30. It replaces FedEx, which was paid $1.75 billion in fiscal 2023 to provide Priority Mail and other speedy services for the quasi-governmental agency.
UPS reported better-than-expected earnings and reaffirmed full-year guidance Tuesday.
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