FedEx promised investors $4 billion savings by consolidating operating units—the CTO had to figure out how tech would deliver [Yahoo! Finance]
FedEx Corporation (FDX)
Last fedex corporation earnings: 3/17 04:03 pm
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Source: Yahoo! Finance
But for the past 50 years, and nearly all of Smith's tenure, FedEx itself wasn't operating as a single business. The delivery company's various operations—FedEx Ground, FedEx Services, and FedEx Express among them—were all managed independently. IT leaders at those business units were given autonomy to seek out their own technology solutions that best aligned with the particular delivery services they offered customers. The corporate refrain was "compete collectively, operate independently, and managed collaboratively." Revenue grew, but so did the technology complexities. That's changing as Smith and other C-suite leaders rethink what it means to be “one FedEx.” “What we're really focused on now is how, as a company, do we leverage the technology and the data that'd be more efficient and drive greater efficiency and how we support our customers,” says Smith, who began his career at FedEx as a senior programmer analyst in 2001, and later became a director and then VP, before as
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- FedEx (FDX) Stock Declines While Market Improves: Some Information for Investors [Yahoo! Finance]Yahoo! Finance
- FedEx (FDX) Share Price Increases on Dividend Hike of 10% [Yahoo! Finance]Yahoo! Finance
FDX
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- 3/21/24 - Beat
FDX
Sec Filings
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- 4/26/24 - Form 8-K/A
- 4/9/24 - Form 4
- FDX's page on the SEC website