STOCK TITAN
  1. Home
  2. News
  3. FDX

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

Ethisphere Names FedEx as One of the 2024 World’s Most Ethical Companies(R) for the Second Time

Rhea-AI Summary
FedEx Corp. (FDX) has been recognized as one of the 2024 World's Most Ethical Companies by Ethisphere for the second consecutive year. FedEx is the sole honoree in the Transportation/Trucking/Railroad industry among 136 recognized companies spanning 20 countries and 44 industries. The company's commitment to business integrity, compliance, and governance has been acknowledged through its exceptional compliance programs. FedEx's Chief Compliance Officer, Justin Ross, expressed gratitude for the recognition, highlighting the global team's efforts in upholding a strong culture of ethics. Ethisphere's Chief Strategy Officer, Erica Salmon Byrne, commended FedEx for setting a standard of ethics and integrity in business. The recognition is based on Ethisphere's rigorous assessment methodology, including the Ethics Quotient, which evaluates companies on various aspects of ethics, ESG practices, compliance programs, diversity, equity, and inclusion, and value chain initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.87%
Tags
none
-
News

FedEx Invests USD 350 Million in New State-of-the-Art Hub at Dubai World Central Airport in Dubai South

Rhea-AI Summary
FedEx Express inaugurates a new MEISA hub at Dubai World Central Airport, investing over USD 350 million in the UAE's economy. The hub aims to enhance global connectivity and support trade and commerce, aligning with the nation's economic growth agenda.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.36%
Tags
none
-
News

New FedEx HBCU Student Ambassador Program Cohort Unveiled in a “Super” Way

Rhea-AI Summary
FedEx Corporation announces the third cohort of the FedEx HBCU-Student Ambassador Program with the delivery of the Vince Lombardi Trophy ahead of Super Bowl LVIII. The delivery featured Bob Fini, Jerry Rice, and Chanelle Houston, showcasing the partnership between FedEx, the NFL, and HBCUs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
Tags
none
News

FedEx EVP/CIO Robert B. Carter to Step Down June 30, 2024

Rhea-AI Summary
FedEx Corp. announced the retirement of Robert B. Carter, a key figure in modernizing their IT infrastructure, and the appointment of Sriram Krishnasamy as the new Chief Digital and Information Officer. Krishnasamy will lead FedEx's IT and Dataworks teams to enhance global operations and customer service.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.6%
Tags
none
-
News

FedEx Earns No. 17 Spot on the Fortune World's Most Admired Companies List

Rhea-AI Summary
FedEx Corporation has been ranked as one of the most admired companies globally in Fortune magazine's 'World's Most Admired Companies' report for the 24th consecutive year. FedEx holds the 17th position overall and remains the highest ranked delivery company on the list. The survey evaluates nine attributes related to financial performance and corporate reputation, showcasing FedEx's dedication to excellence in the industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.03%
Tags
none
-
News

FedEx To Launch 12th Annual Small Business Grants Program

Rhea-AI Summary
FedEx Corp. announces the launch of its 12th annual Small Business Grants Program, offering over $230,000 in grants and services to ten U.S.-based small businesses. The application period runs from March 1 to April 1, 2024, with winners announced on May 16, 2024. The program includes a $50,000 grand prize and nine $20,000 grants, along with various benefits like print credits, digital consultations, and access to forums.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.74%
Tags
none
News

Thurgood Marshall College Fund and FedEx Help Students Continue Education

Rhea-AI Summary
FedEx continues its support for the Thurgood Marshall College Fund by providing scholarships to first-generation college students from low-income families. Collaboration with the FedEx NFL Air & Ground program has enabled needs-based scholarships at Historically Black Colleges and Universities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.79%
Tags
none
-
News

FedEx to Launch 12th Annual Small Business Grants Program

Rhea-AI Summary
FedEx Corporation (NYSE: FDX) announces the launch of its 12th annual Small Business Grants Program, offering over $230,000 in grants and services to ten U.S.-based small businesses. The application period starts on March 1, 2024, and ends on April 1, 2024, with winners to be announced on May 16, 2024. The program includes a $50,000 grand prize and nine $20,000 prizes, along with various additional benefits and services for recipients.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.88%
Tags
none
-
News

FedEx Canteens Drive Hope and Nourishment to Communities in Need

Rhea-AI Summary
FedEx supports The Salvation Army in disaster response and community outreach through co-branded canteens, serving meals, snacks, and drinks to those in need. The collaboration aids in fire responses, storm relief efforts, and homeless feeding programs, showcasing FedEx's commitment to social responsibility.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.23%
Tags
none
News

Helping Children SEE LOVE

Rhea-AI Summary
Orbis collaborates with FedEx to provide sight-saving care to children worldwide. FedEx pilots volunteer to fly the Orbis Flying Eye Hospital, and the company donates shipping services and an MD-10 aircraft. Through support from individuals and companies, vision care is delivered globally, showing love to children in need. Captain Gary Dyson is highlighted for his dedication to children's eye care. By restoring children's vision, they can see love in their surroundings and the efforts to save their sight.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.96%
Tags
none

FAQ

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

The current stock price of FedEx Corporation (FDX) is $274.41 as of January 3, 2025.

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

The market cap of FedEx Corporation (FDX) is approximately 65.7B.

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.
Stock FDX logo
FedEx Corporation

NYSE:FDX

FDX Rankings

#207 Ranked by Market Cap
#1396 Ranked by Dividends

FDX Stock Data

65.69B
220.70M
8.22%
78.96%
1.65%
Integrated Freight & Logistics
Air Courier Services
Link
United States of America
MEMPHIS