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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.

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FedEx Corporation (FDX) collaborates with Oakland Zoo on World Animal Day, supporting conservation and education efforts for over ten years. The partnership includes in-kind animal transportation and support for the Zoo to Community (ZTC) program, benefiting local Title 1 schools in Alameda County, CA.
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FedEx Corp (NYSE: FDX) declares a quarterly cash dividend of $1.26 per share, reflecting the company's commitment to delivering stockholder value. The dividend is payable on January 2, 2024, to stockholders of record as of December 11, 2023. With annual revenue of nearly $90 billion, FedEx provides transportation, e-commerce, and business services globally, aiming for carbon-neutral operations by 2040.
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FedEx Corporation: FedEx Supports Outreach Aid to the Americas in Disaster Relief and Community Development. FedEx has been supporting OAA's Community Port Resiliency Program (C-PReP) for over a decade, providing capacity building opportunities to airport personnel and community-based organizations. Through a charitable shipping grant, FedEx covers shipping expenses, benefiting Honduras and El Salvador by sending backpacks and school supplies, as well as kitchen and eating supplies to families in need. FedEx's 'Delivering for Good' initiative aims to help communities before, during, and after crises.
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FedEx Corporation: Initiates Safe Water Program in Northampton, MA
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FedEx - Giant Pandas Mei Xiang, Tian Tian, and Xiao Qi Ji Arrive in Chengdu, China on FedEx Express Charter Flight. FedEx has safely transported 15 giant pandas on 10 separate flights over the past two decades, emphasizing corporate social responsibility and environmental conservation efforts.
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FedEx team members in the Chicago area volunteered their time and athletic skills to help The Support Group (TSG), a Chicago-based nonprofit. The TSG Instructional Basketball Clinic allowed students to develop basketball skills and learn about teamwork and sportsmanship. FedEx also donated water and Gatorade for the camp and provided drawstring bags and water bottles to the students.
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FedEx Corporation collaborates with Direct Relief to deliver 40 Emergency Medical Backpacks to COPAC in Mexico, supporting their response to a dengue outbreak. The backpacks contain supplies and equipment for infection control, diagnostics, trauma care, and PPE. The backpacks will also aid COPAC in responding to future disasters across Mexico.
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FedEx Corp. released its annual economic impact report, revealing that it contributed over $80 billion to the global economy in FY 2023. The report highlights the company's extensive transportation network, employment of over 500,000 people, and movement of approximately 14.5 million packages per day. FedEx also supported small business growth, invested in sustainability initiatives, and donated $58.6 million to NGOs and nonprofits. In the United States, FedEx directly contributed 8.2% of net economic output to the Transportation and Warehousing sector.
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FedEx drivers win top honors at the 2023 National Truck Driving Championships and National Step Van Driving Championships
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FedEx supports sustainable mobility options in Turkey
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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.

FedEx Corporation

NYSE:FDX

FDX Rankings

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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