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FedEx Corp. lost $11 billion in market value, wiping out two years of stock gains, after withdrawing its earnings forecast on worsening business conditions.

Trucking has started making thousands of hires for the holiday season despite facing a variety of economic headwinds.

FedEx Corp. plans to scale back Sunday delivery service in far-flung areas of the U.S., the latest evidence that the e-commerce surge spurred by COVID-19 is ending.

FedEx Corp. expects to grow earnings per share as much as 19% annually over the next three years by targeting “high-value” customers and squeezing more efficiency out of its networks.

FedEx Corp. reported strong fourth-quarter and full-year earnings on June 23 that were close to meeting Wall Street expectations.

FedEx Corp. and supply chain solutions provider FourKites on June 22 announced an alliance to offer customers new, real-time data and information.

FedEx Corp. announced June 21 it received its first 150 electric delivery vehicles from BrightDrop, the technology startup from General Motors that is decarbonizing last-mile delivery.

FedEx Corp. boosted its dividend and announced board changes in coordination with activist investor D.E. Shaw & Co., shaking up the courier just two weeks into the tenure of new CEO Raj Subramaniam.

Freightos Ltd., a digital platform for global freight-booking services, is set to go public through its tie-up with blank-check company Gesher I Acquisition Corp.

FedEx driver Thailand Pierce gets some of the credit for getting Texas-San Antonio cornerback Tariq Woolen to the NFL as the Seattle Seahawks' fifth-round draft pick.