FedEx

The Federal Aviation Administration is forming a safety review team to look into the aviation system following a string of close calls, according to acting administrator Billy Nolen.

FedEX CEO Raj Subramaniam announced in a letter to team members the company was reducing over 10% of its executive roles to maintain efficiency during uncertain economic times.

Parcel carrier FedEx Corp. and other regional carriers are having an easier time delivering packages this peak season, with additional capacity and steady parcel volume.

FedEx warned customers on Friday that the unfolding winter storm threatens to delay deliveries nationwide as the company battles with adverse weather conditions.

Millions of packages are on their way to their final destinations thanks to FedEx. Workers at the Memphis hub are working 24/7 to make sure all holiday packages make it in time.

The U.S. Postal Service, FedEx and UPS posted recommended ship-by dates for the holidays to make sure packages arrive on time. Each company has different deadlines and shipping times.

Scrutiny of shipping companies' vetting of contract and seasonal delivery drivers is mounting following the murder of a 7-year-old allegedly by a FedEx contractor.

Attorney General of Montana Austin Knudsen is requesting information from UPS and FedEx on their updated shipping policies related to firearms and firearm parts.

FedEx Freight, the less-than-truckload arm unit of FedEx, says some of its workers will be voluntarily furloughed starting next month to adjust to lower-than-expected demand.

Additional fees on shipping have helped carriers mitigate rising costs through the pandemic and after Russia’s invasion of Ukraine, which sent fuel prices soaring.

FedEx Ground will deliver residential packages seven days a week, including service to more than three-quarters of the U.S. on Sundays. The company employs over 700,000 workers.

Investors continued to dump U.S. stocks as fears grow that a potential recession will be deeper than initial forecasts as the Federal Reserve attempts to tame inflation.

Goldman Sachs economists say the US central bank will raise interest rates four more times between now and 2023, keeping rates high until 2024. The two-day FOMC meeting starts Tuesday.

FedEx is cutting back. The delivery giant said it is closing some stores and offices and also delaying hiring new employees due to a decline in its package delivery business.

FedEx shares plunged after the company reported that it was closing some stores, offices and scheduling fewer flights in cost saving measures.

FedEx has cut ties with one of its largest delivery contractors after suing him for spreading misinformation about the company.

Boxes of rifles were recently dropped off at a Pennsylvania school, and were locked inside over the weekend.

FedEx Ground's largest contractor criticizes the delivery company for touting revenue margins while leaving its contractors to pay for high diesel prices and vehicle costs.

Traders will be looking at the quarterly results from Snap and the reasons behind a big stocks drop, while Mattel beat expectations, yet shares fell.

People living in more rural parts of the United States may soon have to wait longer for their deliveries after FedEx announced it is cutting back its Sunday deliveries in some areas.