UPS still delivers more packages, but FedEx now has the bigger market capitalization as Wall Street rewards the company for its cost-cutting efforts.
The shipping giant is rolling out more artificial-intelligence bots across the corporation as it integrates the technology into its logistics network, says tech chief.
Priority Mail Express services are embargoed until Friday due to the incident, which temporarily closed part of a key FedEx sortation facility.
United Parcel Service (NYSE:UPS) stock traded at $100.49 as of midday Wednesday, down nearly 11% over the past week. The drop has handed a symbolic crown to its longtime rival. In a historic moment, ...
FedEx Corporation may face mounting cost pressures and downside risk amid Middle East tensions and elevated oil prices. Learn more about FDX stock here.
Memphis-based FedEx was sued in federal court on behalf of customers seeking refunds related to Trump's emergency tariffs on imported goods.
The Trump administration has warned that it could take years for refunds to be paid out for tariffs that the Supreme Court ...
FedEx ( FDX +0.43%) shareholders have had a good last year. The stock has rocketed nearly 50% higher over the past 12 months.
FedEx Corp. President and CEO Raj Subramaniam said the company's vision is to "make supply chains smarter for everyone.” ...
FedEx (NYSE: FDX) and United Parcel Service (NYSE: UPS) have long served as proxies for the American economy. When packages move, consumers are spending and businesses are shipping. But over the past ...