A customer walks into a FedEx store on December 21, 2022 in Houston, Texas. ·Supply Chain Dive·Brandon Bell via Getty Images Max Garland Tue, Nov 5, 2024, 6:17 AM2 min read ...

FedEx also cut its forecast for revenue growth for its fiscal year. Helping to limit the market's losses was Nike, which ran 6.8% higher after it named Elliott Hill as its chief executive.

FedEx notched a 91 percent on-time delivery rate, compared with 83 percent in the same week last year. UPS achieved a 95 percent on-time rate, compared with 89 percent last year.

FedEx Corp. says it's raising its shipping rates for ground and home delivery services in January by an average of 4.9 percent. The Memphis, Tenn.-based shipping company said Friday that the new ...

FedEx Corp. said Thursday it will raise shipping rates for its Ground and Home Delivery units by an average of 4.9 percent on Jan. 4 — 1 percentage point less than this year's rate hike.

FedEx shares dragged on the market with a drop of 15.2% after its profit and revenue for the latest quarter fell short of analysts' expectations. It said U.S. customers sent fewer packages through ...