The shipping giant is rolling out more artificial-intelligence bots across the corporation as it integrates the technology into its logistics network, says tech chief.
UPS still delivers more packages, but FedEx now has the bigger market capitalization as Wall Street rewards the company for its cost-cutting efforts.
Priority Mail Express services are embargoed until Friday due to the incident, which temporarily closed part of a key FedEx sortation facility.
United Parcel Service (NYSE:UPS) stock traded at $100.49 as of midday Wednesday, down nearly 11% over the past week. The drop has handed a symbolic crown to its longtime rival. In a historic moment, ...
FedEx (NYSE: FDX) and United Parcel Service (NYSE: UPS) have long served as proxies for the American economy. When packages move, consumers are spending and businesses are shipping. But over the past ...
Memphis-based FedEx was sued in federal court on behalf of customers seeking refunds related to Trump's emergency tariffs on imported goods.
FedEx Corporation may face mounting cost pressures and downside risk amid Middle East tensions and elevated oil prices. Learn more about FDX stock here.
FedEx is closing more shipping centers in Upstate New York as part of its restructuring and consolidation process. FedEx confirmed this week that it will close facilities in Binghamton/Kirkwood, ...
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