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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 Freight and Christmas SPIRIT Foundation Celebrate Landmark Milestone

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FedEx Freight (FDX) Delivers 300,000th Tree to Military Families This Season
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FedEx Reports Higher Second Quarter Diluted EPS of $3.55 and Adjusted Diluted EPS of $3.99

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FedEx Corp. (NYSE: FDX) reported Q2 fiscal 2024 results with revenue of $22.2 billion, operating income of $1.28 billion, and net income of $0.90 billion. Operating margin improved to 5.8%, and diluted EPS was $3.55. FedEx updated its full-year fiscal 2024 earnings outlook, expecting a low-single-digit percentage decline in revenue year over year and earnings per diluted share of $15.35 to $16.85.
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Entrepreneurs Can Become Masters at E-Commerce With Help From FedEx

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Company XYZ announces strategic partnership with Company ABC, driving stock price up by 10%. Ticker symbol: XYZ.
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Creating a Secure Bike Parking Network To Boost Sustainable Mobility in Catalonia

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FedEx Corporation (FDX) sponsored Climate-KIC and EIT Digital's Sustainable Cities Climate Impact Challenge in 2023. Olot, a city in the La Garrotxa Volcanic Zone Natural Park, was selected to create a network of enclosed and secured bike parking at schools, hospitals, and sports facilities. The Olot City Council's Promoting Mobility Plan aims to transform mobility in the city. This project is one of four selected for the Challenge, supported by FedEx, to address the lack of secure bike parking and encourage more inhabitants to use and park electric bikes.
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Cargo Bikes Helping Small Businesses Become More Sustainable in This London Borough

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FedEx Corporation (FDX) sponsored Climate-KIC and EIT Digital's Sustainable Cities Climate Impact Challenge in 2023, selecting four cities, including Hackney, to expand the use of cargo bikes for small businesses. The initiative aims to reduce air pollution and promote sustainable transport options. ZEN's cargo bike pilot scheme, supported by FedEx, is helping local businesses and residents in Hackney transition to cleaner and greener transport alternatives.
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Electrification 101: Getting the Grid Ready for an EV Revolution

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FedEx Corporation (FDX) provided a grant to RMI for the development, pilot, and launch of the GridUp tool to prepare the infrastructure for the growing electric vehicle market. The article emphasizes the need for faster and smarter grid planning to accommodate the expected surge in electric load growth and charging infrastructure. It also highlights federal policies, state regulations, and corporate commitments driving the transportation electrification revolution.
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You've Heard of Fast Food…What About Slow Food?

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FedEx (FDX) partners with Slow Food to support local food conservation in Italy
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Oakland Zoo Jaguars Develop Love Connection With Help From FedEx

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FedEx Corporation (FDX) facilitated the transportation of a female jaguar, Emma, from Miami, Florida, to the Oakland Zoo in California to pair her with Lucha, a male jaguar. The initiative is part of the Association of Zoos and Aquariums 'Species Survival Plan' to ensure breeding and prevent the extinction of jaguars. The move is also aligned with FedEx Cares 'Delivering for Good' initiative, showcasing the company's commitment to lending its global network and logistics expertise to support organizations with precious cargo requests and help communities in need.
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One Decision Changes Many Lives

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FedEx Corporation (FDX) Employee's Heartwarming Journey in Tanzania: A Story of Adoption, Education, and Philanthropy
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FedEx Freight and Christmas SPIRIT Foundation Celebrate Landmark Milestone: Delivers 300,000th Tree to Military Families This Season

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FedEx Freight (FDX) will deliver the 300,000th tree for the Christmas SPIRIT Foundation’s Trees for Troops® program. The milestone tree will arrive at Fort Liberty on Dec. 1, 2023, alongside nearly 16,000 trees for families at over 90 military bases in the US. Since 2005, FedEx Freight has supported the program, with drivers logging over 600,000 miles for tree deliveries over the years.
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FAQ

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

The current stock price of FedEx Corporation (FDX) is $280.36 as of December 27, 2024.

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

The market cap of FedEx Corporation (FDX) is approximately 68.5B.

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

#199 Ranked by Market Cap
#1420 Ranked by Dividends

FDX Stock Data

68.50B
220.70M
8.22%
78.96%
1.65%
Integrated Freight & Logistics
Air Courier Services
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United States of America
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