FedEx
Coverage of FedEx in the Nexus archive.
- America 250: What’s open and closed July 3 and 4?
America's 250th birthday celebrations on July 3 and 4 will see mixed closures and openings. July 3 is a federal holiday with NYSE and federal offices closed, while banks and national parks remain open. July 4 sees closures for banks and DMV, but stores like Costco and Sam’s Club stay open. Businesses advise confirming hours beforehand.
- FedEx sued for alleged discrimination against blind NC employees
FedEx is facing a discrimination lawsuit for allegedly failing to provide reasonable accommodations to blind employees. The U.S. Equal Employment Opportunity Commission (EEOC) filed the lawsuit against the company.
- CMA CGM nears $1.4bn deal for FedEx logistics unit
CMA CGM is nearing a $1.4 billion deal to acquire FedEx's logistics unit, aiming to expand its presence in the US and strengthen its position in the supply chain sector.
- EEOC files disability discrimination suit against FedEx
The U.S. Equal Employment Opportunity Commission sued FedEx Corp. for disability discrimination against four blind package handlers at its Kernersville facility, alleging the company failed to provide reasonable accommodations like tactile floor markers and screen reader software, violating the Americans with Disabilities Act. The EEOC claims FedEx ignored requests for accommodations since 2021 and only partially implemented some solutions after an agency investigation in 2024.
- Doral police accuse second Russian national of stealing high-value parcels for fraud group
Veronika Nikolaevna Mitina faces 12 felony charges for stealing high-value FedEx and UPS packages on behalf of an online fraud group. She intercepted deliveries using a fake ID in a Lexus SUV as part of a Telegram group chat, targeting items worth over $87,000. Another Russian national, Vladimir Kudyakov, was previously arrested for similar crimes.
- FedEx posts a strong earnings beat. But the stock sinks on weak guidance — then its stock sank on weak guidance
FedEx reported adjusted EPS of $6.31, exceeding expectations of $5.96. However, its new calendar-year profit forecast fell short of expectations, leading to a stock decline.
- FedEx posts strong earnings results in last quarter with freight business
FedEx reported strong fiscal fourth quarter earnings, which marked its final quarter including the freight business before its spin-off.
- Here are 3 big things to watch in the stock market this coming week
The stock market will focus on FedEx's earnings report and the release of the Federal Reserve's preferred inflation gauge this week. These two events are highlighted as key factors to monitor for potential market impacts.
- Charges: Man was drunk when he attempted U-turn on I-494, causing fatal crash with vehicle, semi
A 25-year-old Roseville man was charged with criminal vehicular homicide after a drunk driving incident led to a fatal crash on I-494 in Bloomington. The crash occurred when Seth Rylee Timmers attempted a U-turn, colliding with another vehicle and a FedEx semi, resulting in the death of Vernon Chu.
- FedEx's yearslong turnaround is facing a big test after executing on a major catalyst
FedEx's long-term business transformation is being tested following a significant catalyst. Investors are assessing whether the anticipated benefits of this change are beginning to materialize.
- Officials say sprinklers at California medical equipment warehouse didn’t work during blaze
A fire at a Medline-owned medical equipment warehouse in Tracy, California, was exacerbated by non-functional sprinklers and hydrants, leading to the building's destruction and nearby fires. No injuries were reported, and the Bureau of Alcohol, Tobacco, Firearms and Explosives will investigate the blaze's cause.
- Fire destroys medical equipment warehouse in California and prompts evacuations at nearby facilities
A fire destroyed a Medline medical equipment warehouse in Tracy, California, spreading to a nearby FedEx facility but being contained there. Evacuations of surrounding industrial facilities occurred due to wind risks, though no homes were evacuated. Issues like a broken sprinkler system and low water pressure hindered firefighting efforts.
- Inflation hits 3-year high, highlighting affordability challenge for Americans
Inflation reached a 3-year high of 4.2% in May, driven by rising gas prices linked to Iran's closure of the Strait of Hormuz. The Federal Reserve faces pressure to raise interest rates amid political challenges for the Trump administration as affordability concerns grow for Americans.
- Inflation rises to a 3-year high on spiking gas prices, highlighting affordability challenges
Rising gas prices due to Iran's closure of the Strait of Hormuz pushed inflation to a 3-year high of 4.2% in May, challenging the Federal Reserve and Trump administration as they consider rate hikes to address affordability concerns. The Labor Department reported annual consumer price increases, with energy costs and shipping surcharges contributing to broader economic pressures.
- Inflation rises to a 3-year high on spiking gas prices, highlighting affordability challenges
Rising gas prices pushed inflation to a 3-year high in May, with consumer prices up 4.2% annually. Inflation has surged after tariffs in 2025 and the Iran war disrupted oil supply, while the Federal Reserve faces pressure to raise rates despite a growing job market.
- Inflation likely reached 3-year high last month as Iran war spikes gas prices
Inflation is expected to reach a 3-year high of 4.2% in May 2026 due to the Iran war spiking gas prices, with core inflation projected at 2.9%. Rising oil costs from the war and tariffs imposed by President Donald Trump have driven up prices for goods and services, including shipping and groceries.
- FedEx Freight CEO says the spinoff will help the company 'leapfrog' competitors
FedEx Freight CEO John Smith stated that the company's separation from FedEx will enable it to invest more aggressively in growth initiatives, allowing it to 'leapfrog' competitors.
- Jim Cramer sees an additional 25% upside for our newest stock due to this catalyst
Jim Cramer predicts a 25% upside for FedEx stock following the company's decision to separate its freight business. The analyst attributes this potential growth to the strategic move, which could enhance operational focus and investor confidence.
- FedEx CEO Describes How Fred Smith Chose His Successor
FedEx CEO discusses the process by which founder Fred Smith selected his successor. The article covers the leadership transition and decision-making process at the major logistics company.
- 'FedEx says your parcel has drugs': The scam that trapped an Indian comedian
Ankita Shrivastav, an Indian comedian, was targeted by a scam where FedEx claimed her parcel contained drugs. Millions of Indians fall prey to cybercrimes every year. The scam led to Ankita being trapped.
- Walmart and Amazon race to win over rural America with speedier deliveries
Walmart and Amazon are competing to provide faster deliveries in rural America, a market worth up to $1 trillion in annual sales. Walmart has a head start, with 90% of US residents living near a store, while Amazon is investing heavily in same-day and next-day deliveries. The competition is driven by technological advancements and changing demographics.
- FedEx CEO brushes off Amazon's new logistics service that recently sent shares tumbling
FedEx CEO Raj Subramaniam downplayed Amazon's new logistics service, stating it does not threaten Fedex. The announcement had previously caused Fedex shares to tumble. Amazon's supply chain services are a new development in the logistics industry.
- I sat with FedEx child killer Tanner Horner for weeks. I've now looked pure evil in the eye and heard every unimaginable horror endured by seven-year-old Athena. One disturbing act haunts me - he just wouldn't stop
A journalist sat with Tanner Horner, a child killer, and heard disturbing stories about his crimes, including those against seven-year-old Athena. The experience left a haunting impression. The article highlights the horrific nature of the crimes.
- I sat with FedEx child killer Tanner Horner for weeks. I've now looked pure evil in the eye and heard every unimaginable horror endured by seven-year-old Athena. One disturbing act haunts me - he just wouldn't stop
The author of the article had an encounter with Tanner Horner, who is accused of killing a child, and was disturbed by his actions. The case involves a seven-year-old victim named Athena. The author was left with a haunting impression of evil.
- Former FedEx driver Tanner Horner sentenced to death for killing 7-year-old girl
Tanner Horner, a former FedEx driver, has been sentenced to death for killing a 7-year-old girl in Texas. He pleaded guilty to the crime, which occurred while he was delivering a Christmas gift. The victim was taken from her home.
- FedEx driver sentenced to death for murder of 7-year-old Athena Strand in Texas
Tanner Horner, a former FedEx driver, was sentenced to death for kidnapping and murdering 7-year-old Athena Strand in Texas. The crime occurred in November 2022. A North Texas jury delivered the verdict on Tuesday.
- FedEx driver Tanner Horner is sentenced to death for kidnapping and murdering Athena Strand
FedEx driver Tanner Horner has been sentenced to death for kidnapping and murdering 7-year-old Athena Strand. The crime occurred while Horner was working as a delivery driver. The case drew widespread attention due to the horrific nature of the crime.
- FedEx driver Tanner Horner is sentenced to death for kidnapping and murdering Athena Strand
FedEx driver Tanner Horner has been sentenced to death for kidnapping and murdering 7-year-old Athena Strand. The crime occurred while Horner was working as a delivery driver. The sentencing marks the end of the trial.
- Tanner Horner sentenced to death for kidnapping and killing 7-year-old girl during FedEx delivery
Tanner Horner, a former FedEx driver, was sentenced to death for kidnapping and killing 7-year-old Athena Strand after hitting her with his delivery van in 2022. He admitted to strangling her and panicked after the incident. The sentencing was carried out by a Texas jury.
- Amazon’s trying to turn its massive shipping operation into another AWS
Amazon is expanding its shipping network to offer services to other companies, competing with logistics giants like DHL, UPS, and FedEx. The new Amazon Supply Chain Services will provide freight, distribution, fulfillment, and parcel shipping to businesses of all sizes. This move allows Amazon to monetize its vast fulfillment network.
- FedEx, UPS Shares Tumble on Amazon’s ‘Watershed’ Logistics Move
FedEx and UPS shares have declined due to Amazon's new logistics move, which is seen as a significant shift in the industry. Amazon's decision is expected to impact the shipping landscape. The move is considered a watershed moment for logistics.
- Amazon opens up its global logistics network to all businesses
Amazon has launched a new service called Amazon Supply Chain Services, which allows all businesses to utilize its global logistics network. This move positions Amazon directly against major shipping companies UPS and FedEx. The service is expected to expand Amazon's influence in the logistics industry.
- FedEx driver went home and had sex with fiancée hours after murdering seven-year-old Athena Strand, death penalty jury is told
A FedEx driver is accused of murdering seven-year-old Athena Strand and later having sex with his fiancée, as presented in a death penalty trial. The case has drawn attention due to the alleged callousness of the perpetrator's actions following the crime.
- FedEx driver went home and had sex with fiancée hours after murdering seven-year-old Athena Strand, death penalty jury is told
A FedEx driver is accused of murdering seven-year-old Athena Strand and later engaging in sexual activity with his fiancée, with a death penalty jury being informed of these details. The case involves a capital punishment trial following the child's death.
- FedEx driver who murdered little Athena Strand with his bare hands used to bring sack of KNIVES to church, his own pastor reveals
A FedEx driver was revealed to have murdered 4-year-old Athena Strand with his bare hands. The driver, whose identity is not disclosed, previously brought a sack of knives to church, as disclosed by his pastor.
- Mother of FedEx driver who murdered Athena Strand breaks down in court as she describes killer son's childhood
The mother of a FedEx driver convicted of murdering Athena Strand testified in court, describing her son's troubled childhood as she emotionally broke down. The case has drawn public attention due to the tragic nature of the crime and the emotional testimony.
- Mother of FedEx driver who murdered Athena Strand breaks down in court as she describes killer son's childhood
The mother of a FedEx driver convicted of murdering Athena Strand broke down in court while recounting her son's troubled childhood. The case has drawn significant public attention due to the tragic circumstances surrounding the victim and the perpetrator's background.
- UPS, FedEx and DHL file for tariff refunds. What it means for consumers.
UPS, FedEx, and DHL have filed for tariff refunds, pledging to share the refunds with customers who paid tariffs once the government issues them. The move aims to pass savings to consumers.
- FedEx driver Tanner Horner sang 'Jingle Bell Rock' while killing seven-year-old Athena Strand in back of his truck after abducting her
FedEx driver Tanner Horner is accused of abducting seven-year-old Athena Strand, singing 'Jingle Bell Rock' while she was killed in the back of his truck. The incident involves a violent crime and a disturbingly cheerful act during the attack.
- FedEx driver Tanner Horner sang 'Jingle Bell Rock' while killing seven-year-old Athena Strand in back of his truck after abducting her
FedEx driver Tanner Horner abducted and murdered seven-year-old Athena Strand, singing 'Jingle Bell Rock' while she was killed in the back of his truck. The incident involved a violent crime against a child, drawing significant public attention.