To help mitigate the situation, FedEx plans to cut flights and temporarily park some aircraft, trim labor hours, and freeze hiring. It's also set to close 90 retail locations and five corporate ...

FedEx Freight will continue to provide less-than-truckload services as a stand-alone company. The initiative is expected to deliver $4B of permanent cost reductions in FY25.

FILE - The FedEx logo is seen on a delivery truck Tuesday, June 21, 2011, in Springfield, Ill. FedEx said Thursday, Sept. 15, 2022, that it is shuttering storefronts and corporate offices while ...

Jobseekers without a college degree in New York City – FedEx is looking for you to work for them. The shipping conglomerate has courier, switcher and package handler positions ...

FedEx is consolidating all operating companies into one, generating an expected $4 billion in savings. An additional $2 billion is expected to be saved through 2027 via their DRIVE initiative.

Weeks before the busiest shipping time of the year, the CEO of FedEx said it will be shutting down stores and corporate offices. It will also freeze hiring as demand for package delivery has waned.

Volunteers planted 41 trees, and FedEx funded 7,000 more saplings. This initiative boosts sustainability and supports socioeconomic development by employing local villagers – mostly women – to ...

FedEx on Wednesday said it would merge its separate delivery divisions into a single unit as the delivery giant looks to better compete with UPS and Amazon. The move to integrate FedEx Ground ...

LONDON, UK / ACCESSWIRE / March 6, 2023 / FedEx Express, a subsidiary of FedEx ... Operations Lead of EIT Digital. The initiatives chosen for implementation all have an aspect of promoting active ...

FedEx said Thursday it is shuttering storefronts and corporate offices while putting off new hires in a belt-tightening drive brought on by drop-off in its global package delivery business.

The DRIVE initiative is to increase efficiencies by consolidating FedEx Express, FedEx Ground, FedEx Services, and other FedEx operating companies into a single company called Federal Express ...