Welcome to our dedicated page for Fedex news (Ticker: FDX), a resource for investors and traders seeking the latest updates and insights on Fedex stock.
FedEx Corp (FDX), a global leader in logistics and express shipping, provides critical updates through this dedicated news hub. Access official press releases, earnings reports, and strategic announcements that shape the company's trajectory in transportation and supply chain innovation.
This resource serves investors and professionals seeking authoritative information on FDX's operational developments, including new service launches, technology investments, and global network expansions. Discover timely updates on sustainability initiatives, regulatory compliance actions, and partnership announcements that demonstrate FedEx's industry leadership.
Content is organized to highlight material business events while maintaining compliance with financial disclosure standards. Users can expect coverage of quarterly financial results, executive leadership changes, and infrastructure modernization efforts that impact FedEx ecosystem.
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FedEx (FDX) reported third quarter results with diluted EPS of $3.76 and adjusted EPS of $4.51. The company completed $500 million in share repurchases during the quarter, finalizing its $2.5 billion fiscal 2025 repurchase plan.
The company revised its fiscal 2025 outlook, now expecting flat to slightly down revenue year-over-year, and adjusted EPS of $18.00 to $18.60, down from the previous forecast of $19.00 to $20.00. Capital spending forecast was reduced to $4.9 billion from $5.2 billion.
Operating results improved due to DRIVE program cost reduction benefits, higher base yield across transportation segments, and increased Federal Express volume. However, the company faces challenges from a weak U.S. industrial economy and uncertainty affecting B2B services. FedEx maintains $5.1 billion in cash and $2.6 billion available for future share repurchases.
FedEx (NYSE: FDX) announced the final results of its Exchange Offers and Consent Solicitations for senior notes, which expired on February 21, 2025. The company received tenders for $10.72 billion in USD Notes and €939.7 million in Euro Notes.
The exchange offers are part of FedEx's planned separation of its FedEx Freight business into a new publicly traded company. The settlement is expected on February 26, 2025. For each $1,000 or €1,000 of existing notes tendered by the Early Participation Date, eligible holders will receive $970 or €970 in new notes plus an early participation payment of $30 or €30 in new notes and $2.50 or €2.50 in cash.
The new notes will maintain the same interest rates, payment dates, maturity dates, and optional redemption provisions as the corresponding existing notes. The exchange offers received sufficient consents to implement amendments allowing for the release of FedEx Freight's guarantee upon separation.
FedEx (NYSE: FDX) has declared a quarterly cash dividend of $1.38 per share on its common stock. The dividend will be paid on April 1, 2025, to stockholders of record as of March 10, 2025. This dividend declaration aligns with FedEx's commitment to delivering stockholder value.
The company, which generates annual revenue of $87 billion, provides transportation, e-commerce, and business services worldwide through its global network. FedEx employs over 500,000 people and aims to achieve carbon-neutral operations by 2040.
FedEx (NYSE: FDX) has announced an extension of the expiration date for its exchange offers and consent solicitations for senior notes from February 6 to February 21, 2025. The exchange offers involve swapping existing notes for new notes, with different terms for various note series.
For most existing notes tendered before the Early Participation Date (January 22, 2025), eligible holders received $970 or €970 in principal amount of new notes plus an early participation payment of $30 or €30 in principal amount and $2.50 or €2.50 in cash.
As of the prior expiration date, FedEx has received the required consents to adopt proposed amendments for the majority of existing note series, with participation rates ranging from 52.56% to 85.21%. However, three note series (4.200% Notes due 2028, 4.250% Notes due 2030, and 1.300% Notes due 2031) did not receive sufficient consents.
FedEx (NYSE: FDX) has secured the No. 20 position on Fortune magazine's 'World's Most Admired Companies' list, marking its 25th consecutive year in the top 20. The company maintains its status as the highest-ranked delivery company on the overall list.
CEO Raj Subramaniam attributed this recognition to the dedication of FedEx's 500,000+ global team members in delivering outstanding experiences and innovative technology solutions for smarter supply chains.
The Fortune survey, conducted in collaboration with Korn Ferry, evaluated companies across nine attributes, including investment value, management quality, products, social responsibility, and talent attraction. The selection process involved analyzing 1,500 candidates, including the 1,000 largest U.S. companies by revenue and non-U.S. Global 500 companies with revenues exceeding $10 billion. The final pool consisted of 650 companies across 30 countries, with executives, directors, and analysts rating enterprises within their industries.
FedEx (FDX) has announced the early participation results of its exchange offers for outstanding senior notes and related consent solicitations. For notes tendered by the Early Participation Date (January 22, 2025), eligible holders will receive $970 principal amount of new notes plus an early participation payment of $30 principal amount and $2.50 in cash for each $1,000 of existing USD notes.
The company has received requisite consents for 15 series of Majority Existing Notes, with participation rates ranging from 51.98% to 69.26%. For these notes, FedEx will offer $1,000 principal amount of new notes for late tenders. For Non-Majority Existing Notes (7 series with participation rates between 27.38% and 49.07%), late tenders will receive the Total Consideration including the cash portion.
The exchange offers will expire on February 6, 2025, and are being conducted in connection with the planned separation of FedEx Freight business.
FedEx (FDX) has announced exchange offers for its outstanding senior notes in connection with the planned separation of its FedEx Freight business into a new publicly traded company. The separation is expected to be completed within 18 months and is intended to be tax-free for stockholders.
The exchange offers include multiple series of existing notes with varying interest rates and maturities, where holders can exchange their current notes for new notes with the same terms. Eligible holders who tender their notes by January 22, 2025, will receive additional compensation including cash payments.
The separation aims to enable more customized operational execution and tailored investment strategies for both the global parcel and less-than-truckload markets. FedEx does not intend to increase its leverage through this transaction, and both companies will maintain strategic cooperation on key commercial, operational, and technology initiatives.
FedEx (FDX) reported Q2 FY2025 results with revenue of $22.0 billion and adjusted diluted EPS of $4.05, compared to $22.2 billion and $3.99 in the previous year. The company completed $1 billion in share repurchases during the quarter and plans an additional $500 million buyback in fiscal 2025.
Key developments include the decision to separate FedEx Freight into a new publicly traded company within 18 months. The company revised its FY2025 outlook, now expecting flat revenue year-over-year and adjusted EPS of $19.00-$20.00, down from previous guidance of $20.00-$21.00.
Operating results were impacted by lower FedEx Freight performance due to weak U.S. industrial production, offset by cost reduction benefits from DRIVE initiatives and higher base yields across segments.
FedEx (NYSE: FDX) has announced plans to separate FedEx Freight into an independent publicly traded company through a tax-efficient capital markets transaction within the next 18 months. The separation aims to create two industry-leading companies, enabling enhanced operational focus and strategic execution for both entities.
FedEx Freight, currently generating $9.4 billion in revenue (FY2024), is the largest LTL carrier in its industry. The business has shown strong performance, increasing operating profit by nearly 25% annually over the last five years, with approximately 1,100 basis points of operating margin expansion.
Both companies will maintain commercial and operational synergies, with FedEx Freight continuing to operate under the FedEx brand. The remaining FedEx business segments generated $78.3 billion in revenue in FY2024 and continue to target $4 billion in DRIVE cost savings by FY2025 and $2 billion in Network 2.0 savings by FY2027.
FedEx has played a important role in supporting disaster relief efforts following the record-breaking 2024 hurricane season, particularly after Hurricanes Helene and Milton. Hurricane Helene, a Category-4 storm, was the deadliest to hit the continental U.S. since Katrina (2005), while Hurricane Milton, a Category-3 storm, caused $3.17 billion in insurance claims in Florida.
FedEx partnered with Team Rubicon, a veteran-led disaster relief nonprofit, to deliver essential supplies across five states. The company shipped cold-weather gear and Field Technology kits to 10 Forward Operating Bases, enabling 1,500 Greyshirt volunteers to serve over 37,500 hurricane survivors in Florida, Georgia, and North Carolina.
