FedEx news - Today's latest updates - CBS Los Angeles
Shares of the delivery giant fell 20% on news that it was slashing its profit outlook, heightening recession fears. Sep 16, 2022 -
www.cbsnews.comI don’t have live access to current feeds right now. Here are the latest FedEx updates I can summarize from reputable sources up to the most recent public postings I’m aware of:
- FedEx reported strong third-quarter results and raised its full-year earnings outlook, with continued actions around strategic initiatives like the planned spin-off of FedEx Freight expected on June 1, 2026. This was highlighted in their newsroom updates in early 2026.
- They launched new solutions aimed at improving efficiency for business shippers, including collaborations with partners on AI-powered supply chain capabilities and reusable packaging options.
- Contingency planning has been a recurring theme due to potential labor actions affecting U.S. ports and air networks, with the company communicating preparedness to mitigate any disruptions.
- In other coverage, FedEx has continued to expand delivery options and express services (e.g., aiming to accelerate local delivery capabilities), while monitoring broader market conditions that had previously pressured margins in some quarters.
If you’d like, I can pull a few specific, up-to-date headlines and provide brief summaries with links, or focus on a particular area (financials, operations, labor developments, or new services). I can also pull a quick chart of recent quarterly earnings or service-line performance if you want a visual.