French logistics giant to buy FedEx Supply Chain for $1.4 billion
FedEx Supply Chain will be sold to CMA CGM Group, a French-based shipping and logistics company, pending regulatory approvals.
Topic: FedEx Corp.
RSSThere are 159 article(s) tagged FedEx Corp.:
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July 2026
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June 2026
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FedEx pilots get pay hike and working condition changes
A new agreement was reached between FedEx pilots and management. More than 80% of pilots who voted approved the agreement, which includes $150,000 in pay they lost during the negotiations, which have gone on for years.
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Long-vacant Holiday Inn, FedEx campus on Lamar gets new owner
The property was well-maintained for years but started to decline after FedEx left. Weeds have grown around the property, and the air conditioning gave out years ago.
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May 2026
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FedEx stock down nearly 10% after Amazon announces delivery expansion
FedEx’s stock plummeted Monday, May 4, as Amazon unveiled it was expanding it logistics offerings to “every business.”
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April 2026
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FedEx begins search for new CFO
John Dietrich is stepping down as FedEx’s CFO, beginning June 1.
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FedEx pilots reach tentative agreement with company
FedEx and more than 5,000 of its pilots reached a tentative agreement after years of debating pay levels and other benefits.
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March 2026
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FedEx announces record profitability during holiday season
AI, technological advancements and other improvements are expected to fuel revenue growth for the company this year.
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February 2026
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FedEx sues U.S. government, claiming it should be refunded for tariffs
FedEx has sued the U.S. government because it has paid tariffs under the conditions of the International Emergency Economic Powers Act.
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January 2026
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Memphis airport, FedEx report delays, service interruptions
FedEx officials said they issued a national service disruption, impacting operations at the Memphis and Indianapolis hubs.
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FedEx planning new ‘Hercules’ facility at World Hub
The 1.6 million-square-foot facility at 2753 Sprankel Ave. will handle a “state-of-the art automated sort system,” according to documents.
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December 2025
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FedEx reports strong 2nd quarter
FedEx Corp. reported strong second quarter earnings despite air-traffic constraints, the grounding of 25 MD-11 planes, industry weakness and global trade-policy changes.
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August 2025
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FedEx lays off hundreds in Shelby County
FedEx Corp. filed a notification with the Tennessee Department of Labor and Workforce Development detailing the layoffs at its facilities.
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FedEx finds new executive from outside the company
FedEx Corp. announced a former Accenture Technology executive will replace a recently exited FedEx executive.
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FedEx exec will get multimillion-dollar cash payout
FedEx filings detail a cash payment and more for the former executive vice president.
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‘We will keep flying, Fred’: Mourners honor FedEx founder
“He opened doors for generations of entrepreneurs to proudly go through in the Bluff City,” Memphis Mayor Paul Young said. “Fred Smith didn’t just build a company. He built belief.”
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July 2025
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FedEx executive vice president to step down
“I am confident in our strong foundation, long-term strategy, and talented team as we move forward into this next chapter,” said Raj Subramaniam, FedEx’s president and CEO.
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June 2025
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FedEx leadership uncertain about 2026 outlook
A moment of reflection for FedEx founder Fred Smith opened the company’s annual earnings call Tuesday, June 24.
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FedEx at 50: At U of M, FedEx finds a good ‘FIT’
At the FedEx Institute of Technology, they’re ensuring Memphis isn’t a data science or artificial intelligence desert.
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FedEx at 50: Local power of FedEx rests with wealth of jobs, opportunity
An estimated $1.6 billion in annual payroll from FedEx underwrites much of the local economy.
Related story:
FedEx at 50: FedEx hired Annie Leibovitz to capture grit of startups, including Fred, 50 years later
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FedEx at 50: ‘FedEx makes every part of Memphis better’
FedExForum, national golf tournaments, pandas, the area’s growing medical device industry, its IT sector — leaders say they couldn’t have happened without FedEx.
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FedEx at 50: Why Memphis? An answer through the fog
Fred Smith has given several reasons for moving his young company to Memphis: the city’s central location, help from the Memphis International Airport and the area’s operational weather.
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May 2025
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FedEx chooses insider to lead Freight spinoff
John A. Smith is considered one of FedEx’s best operators. One analyst said, “What do you do? Put in a jockey that’s never won the derby on a horse, or do you put in a jockey that won a dozen derbies?”
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FedEx renews ties with Amazon after six-year split
It signs on to carry undisclosed volume of residential delivery, in multi-year contract.
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Love low-cost stuff from China? The gettin’ just got complicated
For people who shop at Shein and Temu, online merchants of low-cost fashion and electronics that are based in China, prices have gone up.
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March 2025
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FedEx cuts earnings outlook for year again, rattles market
By 8 p.m., FedEx shares had fallen $13.80 to $232.41 in after-hours trading on Thursday. Through the close of market, the stock price has fallen 5.3% for the year.
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