FedEx to shutter 9 New York parcel centers [Yahoo! Finance]
FedEx Corporation (FDX)
Last fedex corporation earnings: 3/17 04:03 pm
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Source: Yahoo! Finance
FedEx Corp. plans to close nine shipping facilities in New York and one in Pennsylvania as its multi-year effort to integrate legacy express and ground delivery operations into one unified surface network enters its final phase, FreightWaves has learned. Memphis, Tennessee-based FedEx (NYSE: FDX) completed its Network 2.0 consolidation program for Canada last April and has aggressively worked since then to optimize its terminal footprint in the United States. The concept aims to reduce expensive excess capacity and provide better service by streamlining pickups and deliveries so most neighborhoods are only served by one van each day. The integrated parcel and logistics giant has so far optimized more than 360 ship stations to handle express and ground volumes, while closing over 200 locations. By the end of 2027, the company will have optimized more than 900 stations and will close over 475 locations, representing a 30% reduction in its national facility footprint, said Scott Ray
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News
- JPMorgan Lifts PT on FedEx Corporation (FDX) to $424 From $294 – Here's Why [Yahoo! Finance]Yahoo! Finance
- FedEx Is Up ~22% This Year but Reddit Traders Are Betting Against the Freight Spin-Off [Yahoo! Finance]Yahoo! Finance
- FedEx Redraws Investor Story As Market Cap Tops UPS For First Time [Yahoo! Finance]Yahoo! Finance
- FedEx (FDX) had its price target raised by The Goldman Sachs Group, Inc. from $364.00 to $369.00. They now have a "buy" rating on the stock.MarketBeat
- FedEx Corporation: Its Valuation Has Already Traveled Quite Too Far [Seeking Alpha]Seeking Alpha
FDX
Earnings
- 12/18/25 - Beat
FDX
Sec Filings
- 3/12/26 - Form 8-K
- 2/20/26 - Form 4
- 2/9/26 - Form 8-K
- FDX's page on the SEC website