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Amazon posing a threat to FedEx is a 'fantastical' idea, FedEx CEO said - but the reality is much more complicated
"I would simply say no one has benefitted more from the transportation networks built out by FedEx,…
Rachel Premack  Â
Salesforce CEO Marc Benioff created a ragtag corporate alliance to source 50 million pieces of medical gear in 10 days
The billionaire's team roped in Alibaba, FedEx, Walmart, and Uber to find and deliver masks and gow…
Theron Mohamed  Â
FedEx's 'breathtakingly bad' earnings has investors scrambling to find the bottom as Amazon's skyrocketing logistics network looms
Industry watchers didn't buy it. "While international trade and tariff uncertainty, combined with w…
Rachel Premack  Â
FedEx just slashed its 2019 forecast due to 'global economic certainty'
"Global trade has slowed in recent months and leading indicators point to ongoing deceleration in g…
Rachel Premack  Â
Cities that were snubbed by Amazon's HQ2 project are having identity crises
"I believe this is a wake-up call for Houston," Bob Harvey, CEO of the Greater Houston Partnership,…
Dennis Green  Â
FEDEX CEO: The US trying to grow without free trade 'would be like trying to breathe without oxygen'
"Well again the benefits of trade are diffuse. They're spread among many people. The pain is locali…
Bob Bryan  Â
A FedEx pilot was held in Chinese custody for a week in the latest dustup amid Trump's trade war
FedEx's lawsuit against the Department of Commerce points to the Export Administration Regulations …
Rachel Premack  Â
A key metric on FedEx's balance sheet underscores why the shipping giant dropped Amazon as a customer
"(A)t what point do we question the scale of the Express networks?" Barclays Brandon Oglenski analy…
Rachel Premack  Â
9 wildly successful companies you had no idea were started by military veterans
New Commander of Resolute Support forces and United States forces in Afghanistan, U.S. Army General…
Paul Szoldra  Â
FedEx wants to make it clear how little it relies on Amazon
"While there has been significant media interest in what Amazon is doing to expand their in-source …
Rachel Premack  Â
One of the US's largest railroads just slashed its profit forecast and gave a dire warning about President Trump's trade war
"CSX identified multiple cost takeout opportunities including combining trains / leveraging distrib…
Graham Rapier  Â
FedEx defended its $0 income tax in 2018 by touting its 'best-funded' pension plan. Now, that pension is set to get slashed.
One defense from the package giant on the ultra-low tax bill: Money saved from not paying taxes wen…
Rachel Premack  Â
Here are the top power moves of the week - Lime, Tesla and Shake Shack
Shake Shack announced the appointments of Dave Harris as Chief Information Officer and Sumaiya Balb…
Christian Wylonis, The Org  Â
FedEx CEO isn't worried about Amazon's potential plan to have non-employees deliver packages
"Research has indicated time and time again that a uniformed person with proper identification show…
FEDEX EARNINGS BEAT AT $2.46/share (Est. $2.36/share)
The firm guided to full-year earnings of $8.50-$9.00, against $8.73 forecast.CEO Fred Smith said he…
Rob Wile  Â
Morgan Stanley is sounding the alarm on Amazon's logistics network for UPS, USPS, and FedEx - with a chilling estimate of up to $100 billion in revenue slashed from the giants
But it doesn't just stop at moving Amazon's packages; Morgan Stanley says Amazon will start to inte…
Rachel Premack  Â
Shipping boomed in 2018 - but transportation companies' stocks plunged this year
Further harming FedEx's stock, which this week had among its worst days in a decade, is their 2015 …
Rachel Premack  Â
FEDEX CEO: Both Trump and Clinton are 'worrisome'
"We have thousands and tens of thousands of highly compensated people working for FedEx in the Unit…
Bob Bryan  Â
Trucking quietly added 3,200 jobs in January - and a federal regulation may have spurred the boon that few expected
It's a strange boon, particularly after an earnings season that made it clear that America's larges…
Rachel Premack  Â
FEDEX EARNINGS MISS
"The company reaffirms its fiscal 2015 earnings forecast of $8.50 to $9.00 per diluted share," the …