Federal Express on Monday sued the U.S. government, seeking a "full refund" of the money the shipping giant paid for tariffs unilaterally imposed last year by President Donald Trump, which the Supreme Court ruled last week were illegal.
FedEx on Monday sued the US government for the “full refund” of President Trump's tariffs after a Supreme Court ruling last week deemed a batch of his import taxes illegal.
HSY, TPR, FDX, HWM and LUV lead non-tech U.S. giants surging in early 2026 as investors rotate from AI plays.
FedEx has taken legal action over the tariffs recently struck down by the Supreme Court. The shipping giant's complaint, filed Monday (Feb.
FedEx (FDX) is suing the U.S. for a full refund of IEEPA tariffs after a Supreme Court ruling, with potential industry-wide implications. Hims & Hers Health (HIMS) disclosed an SEC investigation into its compounded semaglutide disclosures, creating uncertainty around financial impact and regulatory risk.
If FedEx is granted a tariff refund, it is unclear if it will pass the refund down to its customers, who were passed on the costs of the levy. On its website, the company notes that it has taken “necessary action to protect the company's rights as an importer of record to seek duty refunds from U.S. Customs and Border Protection.
FedEx sues U.S. government for tariff refunds after Supreme Court ruled Trump's emergency trade duties on imports were unlawful.
FedEx (FDX) reached $388.48 at the closing of the latest trading day, reflecting a +1.39% change compared to its last close.
Here is how FedEx (FDX) and ZTO Express (Cayman) Inc. (ZTO) have performed compared to their sector so far this year.
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Companies like UPS, FedEx and DHL are increasingly turning to automation in their warehouse processes to work toward greater efficiency and lower costs. But with the rise of automation, companies are weighing the balance between their human workers and their technological innovations.