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FedEx Corporation - FDX STOCK NEWS

Welcome to our dedicated page for FedEx Corporation news (Ticker: FDX), a resource for investors and traders seeking the latest updates and insights on FedEx Corporation stock.

FedEx Corporation (NYSE: FDX) connects people and possibilities through its expansive portfolio of shipping, transportation, e-commerce, and business services. With a reputation for reliability and expertise, FedEx offers integrated business solutions via its collaboratively managed operating companies, ensuring extraordinary service.

Founded in 1973, FedEx pioneered overnight delivery and remains the world's largest express package provider. In fiscal 2023, which ended in May 2023, the company derived 47% of its revenue from its express division, 37% from ground services, and 11% from freight, with additional income from FedEx Office and FedEx Logistics.

FedEx's commitment to innovation is evident in its acquisition of TNT Express in 2016, expanding its global reach. The company’s core values emphasize safety, ethical standards, and customer focus, upheld by a global workforce of over 500,000 dedicated employees.

Recent initiatives highlight FedEx's role in empowering small businesses and fostering sustainability. The FedEx E-commerce Learning Lab aids women and minority-owned small businesses, while its Picture Proof of Planting campaign engages employees in conservation efforts worldwide. Additionally, FedEx’s support for International Medical Corps showcases its commitment to global humanitarian efforts.

Furthermore, FedEx continues to advance sustainable urban mobility through collaborations with EIT Climate-KIC, funding initiatives in cities across Europe. These efforts align with the company’s goal to achieve carbon-neutral operations by 2040.

FedEx's philanthropic endeavors, such as FedEx Cares, reinforce its dedication to community support, from responding to natural disasters in Brazil to fostering chimpanzee welfare through creative initiatives with Save the Chimps.

News

FedEx Makes a Special Delivery to the Salvation Army

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FedEx Corporation strengthens support for The Salvation Army's emergency services in Kent and Sussex by donating a new Incident Response Unit (IRU). This is the 23rd vehicle FedEx has donated to charities worldwide since 2006. The Salvation Army has been aiding emergency services for over 50 years, providing refreshments and emotional support at major incidents. The new vehicle will operate in Kent and Sussex, where The Salvation Army has provided over 20,000 meals to NHS staff during the pandemic and assisted during natural disasters. Captain Gary Robb expressed gratitude for the donation, and Alun Cornish of FedEx expressed honor in supporting The Salvation Army's work.
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FedEx Announces First-Of-Its-Kind Data-Driven Commerce Platform

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FedEx Corp. (NYSE: FDX) has announced the launch of fdx, a new digital platform that offers end-to-end e-commerce solutions. The platform is designed to connect the entire customer journey, making it easier for companies to grow demand, increase conversion, optimize fulfillment, and streamline returns. The platform is currently available as a private preview, with the official launch planned for fall 2024. The platform brings together existing and new FedEx capabilities for customers, offering various digital capabilities to help merchants enhance their businesses through digital intelligence.
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Mission Completed: 13K+ USO Holiday Care Packs for Troops

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FedEx (FDX) and United Service Organizations (USO) teamed up for the 6th annual holiday packing event, filling over 13,300 Holiday Care Packs for America's military service members. The event was kicked off by Memphis Grizzlies coach Taylor Jenkins, and included personal stories from veterans who received care packages in the past.
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Silvia Davila, Regional President, Latin America, Danone S.A., Elected to FedEx Board of Directors

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FedEx Corporation (NYSE: FDX) announced the election of Silvia Davila to its Board of Directors. Ms. Davila, the regional president of Latin America for Danone S.A., brings extensive experience in financial and digital transformations, diversity and inclusion, and innovation for ESG agendas. She has previously served in leadership roles at Mars, Procter & Gamble, and McDonald's. Ms. Davila will serve on the Compensation and Human Resources and Cyber and Technology Oversight Committees, making the FedEx Board consist of 14 directors, 12 of whom are independent.
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FedEx and Operation Warm Give Coats to Children in South America

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FedEx Corporation (FDX) South Cone chapter of the Operation Warm campaign in Chile and Argentina resulted in 888 donated coats, 89 hours of community service, and 59 volunteers. The mission aimed to provide relief to communities impacted by wildfires and those in need in Argentina.
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Sensi Graves – Making a Splash in the Swimwear Industry

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Sensi Graves Swim (Ticker: SGS) has become a well-established brand known for its sustainable and functional swimwear designed for active women. Sensi Graves' commitment to empowering women and her journey of self-belief has led to the success of her business. Despite challenges, she has created a brand that celebrates women in action, not just as glamorous beach bums.
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Disaster Preparedness Exercises Bring Big Wins to Small Communities

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FedEx Corporation (FDX) partners with Team Rubicon to offer no-cost disaster preparedness exercises, benefiting vulnerable communities by saving costs and improving disaster management capabilities.
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FedEx Announces Recipients of the 2023 FedEx Entrepreneur Fund

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FedEx Corporation (FDX) Announces 30 Grant Recipients of the FedEx Entrepreneur Fund, Collaborates with Hello Alice and Global Entrepreneurship Network (GEN)
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FedEx Initiates $1.0 Billion Accelerated Share Repurchase Agreement as Part of Its Commitment to Enhance Capital Returns to Stockholders

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FedEx Corp. (NYSE: FDX) has entered into an accelerated share repurchase agreement with Mizuho Markets Americas LLC to repurchase $1.0 billion of FedEx’s common stock. The initial share delivery of approximately 3.2 million shares is scheduled for December 28, 2023, with the remainder, if any, to be delivered no later than February 29, 2024. FedEx provides customers and businesses worldwide with transportation, e-commerce, and business services, with annual revenue of $88 billion. The company aims to achieve carbon-neutral operations by 2040.
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Silvia Davila, Regional President, Latin America, Danone S.A., Elected to FedEx Board of Directors

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FedEx Corporation (NYSE: FDX) announced the election of Silvia Davila to the FedEx Board of Directors. Ms. Davila, the regional president of Latin America for Danone S.A., brings vast experience in leading financial and digital transformations, promoting diversity and inclusion, and leveraging innovation for ESG agendas. She has held leadership roles at Mars, Procter & Gamble, and McDonald’s. The appointment reflects FedEx's commitment to global transformation and diversity in leadership.
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FAQ

What is the current stock price of FedEx Corporation (FDX)?

The current stock price of FedEx Corporation (FDX) is $281.33 as of December 31, 2024.

What is the market cap of FedEx Corporation (FDX)?

The market cap of FedEx Corporation (FDX) is approximately 68.9B.

What are the main business segments of FedEx?

FedEx's main business segments include FedEx Express, FedEx Ground, FedEx Freight, FedEx Office, and FedEx Logistics.

How does FedEx support small businesses?

FedEx supports small businesses through initiatives like the FedEx E-commerce Learning Lab, offering mentorship, learning opportunities, and networking to women and minority-owned businesses.

What was a significant acquisition by FedEx?

A significant acquisition by FedEx was the purchase of TNT Express in 2016, enhancing its global delivery capabilities.

How does FedEx contribute to environmental conservation?

FedEx contributes to environmental conservation through initiatives like Picture Proof of Planting, which involves employees in global tree planting and conservation projects.

What is FedEx's commitment to sustainability?

FedEx aims to achieve carbon-neutral operations by 2040, supported by investments in sustainable urban mobility and conservation projects.

How does FedEx support humanitarian efforts?

FedEx supports humanitarian efforts by assisting organizations like International Medical Corps with logistics and by providing resources during crises and natural disasters.

What is FedEx Cares?

FedEx Cares is a philanthropic initiative that supports communities through volunteer work, disaster relief, and programs that enhance access to education and social services.

How many employees does FedEx have?

FedEx employs over 500,000 people globally, all dedicated to maintaining the company's high standards of service and ethical conduct.

What are some recent FedEx community engagement projects?

Recent community engagement projects include tree planting campaigns, support for small businesses through the FedEx E-commerce Learning Lab, and partnerships for environmental sustainability.

Where can I find more information about FedEx's sustainability efforts?

More information about FedEx's sustainability efforts can be found on their website and through initiatives highlighted in the FedEx Cares Report.
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FedEx Corporation

NYSE:FDX

FDX Rankings

#195 Ranked by Market Cap
#1419 Ranked by Dividends

FDX Stock Data

68.90B
220.70M
8.22%
78.96%
1.65%
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