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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

New Vital Voices Global Fellowship - Social Entrepreneurship Pillar

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FedEx sponsors Vital Voices Global Fellowship to support women social entrepreneurs in scaling their impact. The fellowship focuses on social entrepreneurship and political leadership, offering skills development, networking, and collaboration opportunities. FedEx is a platinum sponsor of the Social Entrepreneurship Pillar, targeting women leading purpose-driven enterprises addressing UN SDGs. Participants will receive training at Vital Voices Global Headquarters in Washington, D.C., focusing on strategic planning, investment readiness, and communication strategies. Applications for the 2024 fellowship are open until April 15, 2024.
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FedEx Cares Purple Totes Grant Contest Winners

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FedEx employees participate in the Purple Totes Grant Contest, donating to nonprofits worldwide. Six winning teams receive $5,000 each for impactful donations.
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How Mobility-as-a-Service Can Encourage Green Behavior and Low-Carbon Transport

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FedEx collaborates with WRI China on Mobility-as-a-Service project, piloting a digital platform to promote low-carbon transportation in Beijing. The platform integrates various transport services, incentivizes green travel, and aims for 6 million daily users by 2025.
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How to Engage Your Customers and Employees in Your Sustainability Efforts

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FedEx (FDX) announces a new communication strategy to enhance engagement with employees and customers.
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EIT Climate-KIC Selects Five Cities To Receive Funding in FedEx-Backed Sustainable Cities Mobility Challenge

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FedEx Express Europe and EIT Climate-KIC announce the winners of the 'Sustainable Cities Mobility Challenge' in Spain, Portugal, The Netherlands, and the UK. Five cities will receive grants to support cleaner, greener, and more people-centered transport initiatives.
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Bridge Down, Spirits Up: Canteen Truck Delivers Kindness

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FedEx partners with The Salvation Army to provide disaster relief with specially equipped canteen trucks as part of the 'Delivering for Good' initiative.
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Drive Forward > Give Back With FedEx Picture Proof of Planting

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FedEx launches Picture Proof of Planting initiative to support conservation projects worldwide, investing over $2 million and engaging team members in tree plantings and clean-up activities in 40 communities. The company collaborates with organizations like One Tree Planted, Arbor Day Foundation, and NFWF to create sustainable urban environments and preserve wildlife.
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FedEx Supports New Project Mapping Charging Needs and Grid Readiness in the GTHA

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The Pembina Institute, with support from FedEx, launches the Grid Readiness Project to accelerate fleet electrification. The project aims to transition gas- and diesel-powered fleets to zero-emission road freight by providing a comprehensive charging infrastructure Action Plan for the Greater Toronto and Hamilton Area. The collaboration with RMI will help inform utilities, energy regulators, and decision-makers on optimal locations for charging stations. FedEx's commitment to sustainable transportation includes transitioning its parcel pickup and delivery fleet to zero-emission vehicles by 2040.
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Win Win Coffee Is Brewing a Revolution in the Coffee Industry

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Win Win Coffee, a mission-driven enterprise in Philadelphia, is revolutionizing the coffee industry by amplifying opportunities for Black and Brown communities. Founded by Nikisha Bailey and Matt Nam, the company focuses on providing traceability from bean to cup, addressing the lack of diversity in coffee ownership. Despite facing challenges during the pandemic, Win Win Coffee turned adversity into opportunity by leveraging the FedEx E-commerce Learning Lab to expand their online presence.
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FedEx Reports Higher Third Quarter Diluted EPS of $3.51 and Adjusted Diluted EPS of $3.86

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FedEx Corp. reports a 19% increase in operating income year over year, with a 16% rise on an adjusted basis. The company reduces its capital spending forecast and plans a $500 million share repurchase in the fourth quarter. The Board of Directors also authorizes a new $5 billion share repurchase program. FedEx narrows its full-year earnings outlook range, showcasing improved profitability despite a challenging demand environment.
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FAQ

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

The current stock price of FedEx Corporation (FDX) is $273.97 as of January 6, 2025.

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

The market cap of FedEx Corporation (FDX) is approximately 66.5B.

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

#209 Ranked by Market Cap
#1406 Ranked by Dividends

FDX Stock Data

66.49B
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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