Layoffs have been announced by two central Iowa companies, Lennox in Marshalltown and FedEx in Des Moines, affecting 146 ...

The roar of planes was not the only sound echoing across the tarmac this year as Orbis Canada's 15th annual Plane Pull for ...

FedEx Continues Fleet Retirements, Navigates Tariffs is published in Aviation Daily, an Aviation Week Intelligence Network ...

FedEx has permanently retired 12 aircraft from its fleet and taken a $21 million impairment charge in its fiscal fourth ...

FedEx is planning permanent cost reductions of $1 billion in fiscal 2026 from the DRIVE and Network 2.0 transformation programmes as it reported a net income of $4.09 billion for fiscal year 2025 ...

FedEx retired 12 aircraft in its fiscal fourth quarter as the company sought to align network capacity with anticipated ...

FedEx retired ten widebody and two narrowbody freighters in the fourth quarter of its fiscal year, the company announced ...

FedEx has permanently parked 12 cargo jets as it aligns the fleet with shipping volumes to control costs. The post FedEx ...

Achieved $2.2 Billion Fiscal 2025 DRIVE Structural Cost Reduction Target Returned $4.3 Billion to Stockholders Through Stock Repurchases and Dividends During Fiscal 2025 Targeting $1 Billion of Transf ...

I am deeply saddened by the passing of Fred Smith. As the founder of FedEx, his leadership and innovation transformed global commerce, and he will be remembered for his relentless drive, patriotism, ...

Fred Smith, the FedEx Corp. founder who revolutionized the express delivery industry, has died, the company said. He was the father of Steelers offensive coordinator Arthur Smith.