FedEx is facing backlash after a report by Dallas Express revealed the company was awarded a $2.2 billion federal contract in 2022 and has since hired hundreds of foreign workers on H-1B visas.

FedEx received a massive federal delivery contract worth more than $2 billion in late 2022. Not long after that, the company’s hiring pattern began to change in a noticeable way. According to the ...

FedEx expects to incur $175 million in extra costs to overcome lost capacity from the mandatory grounding of its MD-11 air cargo fleet during the peak shipping season and now anticipates the flying ...

In recent months, FedEx has advanced its multi-year DRIVE and Network 2.0 transformation programs, while outlining plans to separate FedEx Freight into an independent, publicly traded company by June ...

FedEx announced some early plans for 2026. Layoffs spike, with 1.6 million U.S. workers laid off monthly, 19.2 million annually. Major employers like Amazon, UPS, and Target are announcing tens of ...

FedEx is closing a third-party logistics operation in Coppell and laying off nearly 900 workers, according to an official WARN notice sent to the Texas Workforce Commission. The Memphis-based shipping ...

The cuts will hit FedEx Supply Chain Logistics & Electronics, Inc., which told state officials it will "discontinue its operation" at the 840 W. Sandy Lake Rd. site after the unnamed customer opted to ...

FedEx Corporation is in transition, with shares rebounding after cost-cutting and an earnings beat, but much optimism is already priced in. FDX's Freight spinoff, tech investments, and efficiency ...

Boeing, the plane’s manufacturer, said it had recommended the grounding as a precaution while it conducts further analysis. By Francesca Regalado and Qasim Nauman UPS and FedEx, two of the world’s ...

Memphis-based FedEx is keeping a close eye on how its operations could be impacted by flight cuts at airports across the country due to the ongoing government shutdown. Memphis International Airport ...

FedEx's parcel delivery business faces low margins and tough competition, but cost-saving initiatives could boost profits by up to 50%. The planned spin-off of the high-margin freight segment is a key ...

NORTHAMPTON, MA / ACCESS Newswire / August 20, 2025 / When disasters strike, timing is everything. The faster Heart to Heart International (HHI) can respond, the more lives we can touch. But speed and ...