FEDEX CORP News
FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. The company's FedEx Express segment offers express transportation, small-package ground delivery, and freight transportation services; time-critical transportation services; and cross-border enablement, technology, and e-commerce transportation solutions. Its FedEx Ground segment provides day-certain delivery services to businesses and residences. The company's FedEx Freight segment offers less-than-truckload freight transportation services. As of May 31, 2022, this segment had approximately 30,000 vehicles and 400 service centers. Its FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection, and back-office support services. The company's Corporate, Other and Eliminations segment offers integrated supply chain management solutions, specialty transportation, customs brokerage, and global ocean and air freight forwarding services; and document and business services, as well as retail access to its customers for its package transportation businesses. FedEx Corporation was founded in 1971 and is based in Memphis, Tennessee.
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CMA CGM’s Acquisition of FedEx Supply Chain Accelerates Portfolio Streamlining
- FedEx agreed to sell its Supply Chain arm to CMA CGM for $1.4 billion, aiming to sharpen focus and unlock cost efficiencies as part of its strategic transformation plan.
27d
FedEx Launches Strategic Collaboration with Stripe to Support SMB Finance
FedEx and Stripe on October 6 announced a long‑term collaboration enabling small businesses to access financing using FedEx shipping data, with a platform set to launch in early 2027.
24 Sep at 11:16
FedEx Raises Import Fees Amid Network Optimization, Impacting FDX Stock Performance
FedEx recently announced elevated import fees from key regions alongside network enhancements—signals that may influence FDX’s stock amid logistics restructuring.
10 Sep at 11:17
FedEx Streamlines Portfolio with $1.4 Billion Sale of Supply Chain Unit to CMA CGM
FedEx agreed to sell its FedEx Supply Chain unit to CMA CGM for $1.4 billion, reinforcing its shift toward core parcel and high‑value verticals while enabling strategic freight ties.
27 Aug at 11:16
CMA CGM’s $1.4 Billion Acquisition of FedEx Supply Chain Propels Strategic Shift in Logistics Landscape
French shipping giant CMA CGM’s confirmed $1.4B acquisition of FedEx Supply Chain marks a significant strategic move in North American logistics, reshaping FedEx’s asset structure.