STOCK TITAN

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.

Rhea-AI Summary
FedEx Corporation partners with Comic Relief US and the LEGO Group to launch the 'Community Builders Challenge', empowering kids to build dream communities using LEGO bricks and promoting empathy and kindness. Teachers at Title 1 schools can request Replay Kits for students. The challenge is open to schools nationwide, with entries judged by Red Nose Day ambassadors and LEGO enthusiasts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.14%
Tags
none
-
Rhea-AI Summary
FedEx announces the third cohort of the FedEx-HBCU Student Ambassador Program, with a $5 million commitment to Historically Black Colleges and Universities. NFL Hall of Famer Jerry Rice joins the program to support HBCU students in building leadership and career-ready skills.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.78%
Tags
none
-
Rhea-AI Summary
FedEx Corporation partners with small businesses through the Readiness for Resiliency Program (R4R) to support disaster-impacted small businesses in the U.S. The program offers $5,000 relief grants to prepared businesses after federal disaster declarations, with nearly 3,000 businesses prepared and 51 receiving grants. Grantees utilize funds for essential expenses like customer base building and inventory repair.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.82%
Tags
none
Rhea-AI Summary
FedEx Corp. (NYSE: FDX) declares a quarterly cash dividend of $1.26 per share, reflecting the company's commitment to delivering stockholder value. With annual revenue of $88 billion, FedEx offers a wide range of transportation, e-commerce, and business services globally.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.45%
Tags
dividends
-
Rhea-AI Summary
RMI's new GridUp tool aims to address the challenges of EV adoption in low-income and rural communities by providing proactive grid planning for charging infrastructure placement. The tool is designed to support policymakers, regulators, and utilities in understanding the evolving needs of these communities and ensuring equitable access to charging infrastructure.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.75%
Tags
none
-
Rhea-AI Summary
The Vince Lombardi Trophy, crafted by Tiffany & Co., arrived in Las Vegas for Super Bowl LVIII via FedEx. The trophy was transported to the Super Bowl Experience Presented by Toyota, marking the first time Las Vegas and the state of Nevada will host The Big Game. FedEx Express courier Bob Fini, NFL Hall of Famer Jerry Rice, and FedEx-HBCU Student Ambassador Chanelle Houston participated in the special delivery. Fans can view the trophy at the Super Bowl Experience from Feb. 7 to Feb. 10, with the champion being awarded on Feb. 11.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.16%
Tags
none
Rhea-AI Summary
FedEx funds International Medical Corps' training on Psychological First Aid, reaching over 5,000 humanitarians and first responders worldwide. The training equips individuals with the knowledge to effectively respond to mental health needs in emergency-impacted communities. ICU nurse Yvonne Groenhout shares her experience applying the skills gained from the training in real-world scenarios.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.36%
Tags
none
-
Rhea-AI Summary
FedEx Corporation celebrates MLK Day by supporting community events and organizations, such as Rise Against Hunger and various civil rights museums, across the U.S. The company's commitment to diversity, equity, and inclusion is evident through its support of vital institutions and volunteer work. However, critical weather conditions impacted some events in Memphis, TN.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.06%
Tags
none
-
Rhea-AI Summary
GridUp is set to forecast energy and power demand from electric vehicles, aiding utilities and regulators in proactive grid planning. The tool will offer geographically granular energy and power data to assess when and where the grid will need upgrades, enabling utilities to propose justifiable infrastructure projects to prepare for vehicle electrification and regulators to review such proposed plans for prudency given the expected changes in load.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.69%
Tags
none
News
Rhea-AI Summary
FedEx Corporation's Director of Aircraft Charter, Dave Lange, discusses the specialized work his team undertakes to ensure safe and secure delivery of high-profile shipments, such as giant pandas. The A/C department handles special project flights, providing full aircraft charters to military, commercial, and humanitarian customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.32%
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.
FedEx Corporation

NYSE:FDX

FDX Rankings

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