The leadership team of surface operations will report directly to Ray, and there are no plans to backfill the president of Surface Operations position. MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) today announced the appointment of Scott Ray as chief operating officer for U.S. and Canada Surface Operations, effective June 1. He will begin transitioning into the role as COO-elect on Feb. 1. Reporting to FedEx President and CEO Raj Subramaniam, Ray will be the newest member of the FedEx Executive ...

FedEx (FDX) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individual investors often ...

FedEx Freight, the delivery company’s LTL spinoff, will be entering the world with a debt rating one notch less than the parent company. S&P Global Ratings said Friday it had issued a rating of BBB- to FedEx Freight. The parent company has a rating of BBB. Both ratings are investment-grade, though BBB- is the lowest investment grade on the S&P Global Ratings scale. Moody’s has a rating on FedEx (NYSE: FDX) of Baa2, which is considered equivalent to the S&P BBB rating. As of Friday, Moody’s had not rated ...

MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) ("FedEx†) announced today that FedEx Freight Holding Company, Inc., a wholly owned subsidiary of FedEx (the "Issuer†), has commenced a private offering of senior notes (the "Notes†). The Notes are being offered as part of the financing for the proposed separation of the Issuer from FedEx (the "Spin-Off†) which will result in the Issuer owning and operating, through its subsidiaries, FedEx's less-than-truckload (LTL) freight transportation. ...

公司战略调整 - 公司计划对其在该国的国内业务进行重大改革 [1] - 作为改革的一部分，公司计划投资高达7800万欧元（合9158万美元） [1] 运营优化措施 - 作为改革的一部分，公司计划削减多达500个工作岗位 [1]

The Zacks Transportation-Air Freight and Cargo industry is grappling with persistent supply-chain disruptions. A challenging macroeconomic environment is characterized by inflation-induced high interest rates and the resultant weakness in package volumes. Despite the abovementioned challenges, we believe that the space still has fuel left in the tank, especially for operators that target growth opportunities and operating efficiency initiatives. Even though economies are reopening, consumers’ thirst for onl ...

We recently published 15 Stocks on Jim Cramer’s Radar.  FedEx Corporation (NYSE:FDX) is one of the stocks on Jim Cramer's radar. Logistics giant FedEx Corporation (NYSE:FDX) is one of Jim Cramer’s favorite stocks. Over the past couple of months, he has repeatedly cited faith in the firm’s CEO, Raj Subramaniam, despite the weak share price performance. Over the year, FedEx Corporation (NYSE:FDX)’s shares are up by 10%. January has been a busy month for the firm as far as analysts are concerned. For instanc ...

FedEx Corporation (NYSE:FDX) is one of the stocks Jim Cramer recently looked at. Cramer highlighted the company’s planned spin-off, as he commented: … Just this morning, FedEx filed its Form-10 registration statement for its previously announced freight spinoff. Now, that starts trading independently at the beginning of June. This deserves a lot of attention, people… Let me just say that FedEx Freight could be a very compelling piece of paper if it gets spun off at a reasonable price. And by the way, they ...

FedEx shares have rallied into a planned 2026 spin-off of its freight business, prompting at least one analyst to turn cautious. ...

This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter. FedEx and UPS surcharge changes taking effect this month could increase expenses for shippers with larger packages, parcel pricing experts say. On Jan. 12, FedEx expanded its assessment for determining which shipments will incur a dimensional additional handling surcharge or an oversize charge. The carrier has added a cubic volume criterion to the dimen ...