FDX Stock Recent News
FDX LATEST HEADLINES
MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) announced today several leadership roles as the company makes progress to separate its less-than-truckload (LTL) freight division. John A. Smith, chief operating officer, U.S. and Canada, of Federal Express, has been selected to serve as the president and CEO of FedEx Freight, and R. Brad Martin, vice chairman of the FedEx Corp. board of directors, has agreed to serve as chairman of the board of FedEx Freight. Both appointments will be ef.
Ariel Rosa, Senior Analyst at Citi, says transport stocks like UPS and FedEx could surge as shipping rebounds. He sees rising demand, pricing power, and margins driving the sector higher.
FedEx (FDX) concluded the recent trading session at $231.15, signifying a -0.77% move from its prior day's close.
Bank of America Securities analyst Ken Hoexter reiterated the Buy rating on FedEx Corporation FDX, lowering the price forecast from $272 to $270.
FedEx Corp. said that, following about a year of talks, it has a new delivery deal with Amazon.com Inc., which comes some five years after the two companies pared their delivery partnership.
Amazon and FedEx have entered a package delivery deal, with FedEx becoming "one of several third-party partners to deliver packages" to Amazon customers.
Amazon.com Inc (NASDAQ:AMZN) announced that it has entered into a multi-year agreement with FedEx Corp (NYSE:FDX, ETR:FDX) to handle the delivery of large and bulky residential packages across the United States. The partnership marks a renewal of relations between the two companies after FedEx ended its contract with Amazon in 2019.
Jim Cramer break down why he's keeping an eye on shares of Fedex.
FedEx Corporation (NYSE:FDX ) Bank of America Industrials, Transportation & Airlines Key Leaders Conference May 12, 2025 6:00 PM ET Company Participants Brie Carere - Executive Vice President & Chief Customer Officer Jenifer Hollander - Vice President, Investor Relations John Dietrich - Executive Vice President & Chief Financial Officer Conference Call Participants Ken Hoexter - Bank of America Ken Hoexter Everybody, we're going to go ahead and get started. Welcome to our 32nd Annual BofA Industrial, Transportation and Airlines Key Leaders Conference, the 24th one that I've hosted.
Amazon.com says it will again be using FedEx for package deliveries.