MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) ("FedExâ€) today announced the pricing terms of its previously announced cash tender offers (each, an "Offer†and, collectively, the "Offersâ€) to purchase up to $4,150,000,000 aggregate purchase price, not including accrued and unpaid interest (the "Offer Capâ€), of FedEx's validly tendered (and not validly withdrawn) notes set forth below (collectively, the "Notesâ€), using a "waterfall†methodology under which FedEx will accept the Notes i. ...

MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) ("FedExâ€) today announced the early results of its previously announced cash tender offers (each, an "Offer†and, collectively, the "Offersâ€) for its validly tendered (and not validly withdrawn) notes set forth below (collectively, the "Notesâ€). The Offers are being made pursuant to an Offer to Purchase, dated June 25, 2026 (the "Offer to Purchaseâ€), which sets forth a description of the terms of the Offers. The following table summarizes. ...

J P M O R G A N North America Equity Research 10 July 2026 Transportation & Logistics 2Q26 Preview: Bumps in the Road Ahead, No Clear Signs of a Cycle Peak Yet Although we are decidedly less optimistic ahead of this earnings season than we were in 1Q26 (recap here), the current setup looks more like a near-term plateau heading into a seasonally softer part of summer than a clear cycle peak. Our Summer Speaker Series of nine expert calls and recent discussions across the LTL industry reinforced that there is ...

J P M O R G A N North America Equity Research 10 July 2026 Transportation & Logistics Weekly Fast Track: 2Q26 Earnings Preview Recap, Week 1 Look Ahead, New NRF Import Estimates This weekly publication highlights current transports and logistics trends across a wide range of truckload, intermodal, LTL, ocean, and airfreight market metrics. The rail section also includes a report card that simplifies how the network is performing relative to history and peers while also tracking carload trends versus consens ...

J P M O R G A N North America Equity Research 10 July 2026 Transportation & Logistics Model Updates for 2Q26 Earnings Preview In this note we are updating estimates and price targets as part of our 2Q26 Earnings Preview, with further details available in our accompanying note and slides. Our estimates and targets have mostly modestly increased across the board, driven by higher 2027 forecasts, which reflect a better pricing environment for freight and a healthy, resilient consumer. However, we remain genera ...