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.
FedEx says it is focusing on “high-margin” clients to reach $98 billion in revenue in 2029. During its investors day presentation Thursday (Feb.
FedEx guided for higher annual revenue in fiscal 2029 as it prioritizes its higher-margin businesses.
FedEx Corp (NYSE:FDX, XETRA:FDX)'s planned investment in InPost announced this week could help lower European delivery costs and sharpen the company's focus on higher-margin business-to-business shipments, Bank of America analysts believe. The firm reiterated its ‘Buy' rating and raised their price target on the stock to $414 from $408 following the announcement.
Poland-based parcel locker company InPost has been sold for $9.2 billion (7.8 billion euros). The deal, announced Monday (Feb. 9), was made by an investor group led by FedEx and private equity group Advent International.
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FedEx (FDX) reached $362.54 at the closing of the latest trading day, reflecting a +2.58% change compared to its last close.