American company FedEx has come under fire after a multibillion-dollar federal delivery contract coincided with a sharp increase in the company’s hiring of foreign workers, even as it cut hundreds of ...
FedEx is facing backlash after a report by Dallas Express revealed the company was awarded a $2.2 billion federal contract in 2022 and has since hired hundreds of foreign workers on H-1B visas.
FedEx recently encountered criticism following a report from Dallas Express that claimed the company was granted a federal contract worth $2.2 billion in 2022 and has subsequently employed hundreds of ...
FedEx (FDX) Valuation Check as Analysts Upgrade Outlook on Transformation and FedEx Freight Spin-Off
FedEx (FDX) is back in the spotlight after a wave of upbeat analyst commentary tied to its sweeping transformation plan, including the planned FedEx Freight spin off, cost cuts, and tighter network ...
In recent months, FedEx has advanced its multi-year DRIVE and Network 2.0 transformation programs, while outlining plans to separate FedEx Freight into an independent, publicly traded company by June ...
FedEx is closing a third-party logistics operation in Coppell and laying off nearly 900 workers, according to an official WARN notice sent to the Texas Workforce Commission. The Memphis-based shipping ...
The cuts will hit FedEx Supply Chain Logistics & Electronics, Inc., which told state officials it will "discontinue its operation" at the 840 W. Sandy Lake Rd. site after the unnamed customer opted to ...
Several workers who were contracted to work for FedEx have been arrested after allegations that they were involved in a theft ring in Georgia. According to Fox Carolina, 35-year-old Quandrickus ...
A group of current and former delivery drivers claim FedEx structured its business model to classify drivers as employees of "independent service providers despite FedEx controlling their work. FedEx ...
FedEx will raise the cost of shipping packages in January 2026, the delivery and transportion service has announced. The exact rate increases will vary, but the standard list rates for US package ...
After a short two-week hiatus, PGA Tour golf is back this week with the Procore Championship at Silverado in Napa, Calif. There’s a lot of star power in the field this week, with 10 of the 12 players ...
FedEx is the latest freight firm to announce layoffs. This week, the logistics giant revealed that more than 600 FedEx Supply Chain employees in Memphis would be let go as part of a business ...
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