FDX news

FedEx reported solid third-quarter results driven by higher volumes and yields, raising its full-year calendar 2026 earnings outlook.

FedEx announced the appointment of Jamere Jackson as Executive Vice President and Chief Financial Officer, effective Nov. 30, succeeding interim CFO Claude Russ. This leadership change, effective immediately, is a key strategic update ahead of the full-year earnings cycle.

FedEx disclosed that the Board approved a $20,000 increase to the annual equity grant, which remains at $215,000. The increase mirrors changes made to the annual retainer.

FedEx Corporation sold $2 billion worth of debt notes, raising funds to support its capital structure. This follows the trend of major U.S. corporations issuing long-term debt.

FedEx reported early tender results for offers covering nine series of notes maturing through 2065. Approximately $2.03 billion of aggregate principal has been tendered, highlighting strong interest in debt reduction and potential cost savings.

FedEx announced cash tender offers with a maximum principal amount of $4.15 billion. The transaction is designed to reduce debt and achieve a leverage-neutral profile after the FedEx Freight spin-off.

FedEx reported strong fiscal 2026 results with revenue reaching $25 billion and adjusted EPS of $6.31, driven by volume and cost initiatives. The company guided for continued momentum in the remaining 2026 period as it exits the post-FedEx Freight spin-off transitional phase.

FedEx Corp. announced the election of Mark A. Edmunds, retired Deloitte vice chairman, to its Board of Directors, where he will chair the Audit and Finance Committee. His appointment adds financial and strategic governance expertise from his 38-year career at Deloitte and public company board experi…

FedEx Corporation and FedEx Freight Holding Company executed a separation and distribution agreement dated May 28, 2026, outlining the spin-off of FedEx Freight as a standalone entity. The separation restructures FedEx's business portfolio and creates two independent companies with distinct operatio…

FedEx Corporation is separating its FedEx Freight division into an independent company through a spinoff distribution to shareholders. The separation creates two standalone logistics companies, representing a significant corporate restructuring in the transportation industry.