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Two pallets of the cards were taken in the latest robbery of valuable collectibles.

When General Dynamics pulled out and the fuel companies came calling, Fred Smith did something his board never would have approved. What he did next with the company's last dollars either saved FedEx or simply bought it one more week…

Federal Express was down to its last $5,000, according to Roger Frock’s account. The money belonged to the company. It was the company’s last cash, and none of it was Fred Smith‘s personal money. Smith took it to Las Vegas anyway.

The trip paid for one week of jet fuel. For the rest of his life, Smith refused to call that week the moment that counted.

A Decorated Marine Builds an Airline From Scratch
Smith served in the Marine Corps from 1966 to 1969 as a platoon leader and forward air controller in South Vietnam. He served two combat tours, was honorably discharged as a captain and was decorated with a Silver Star, a Bronze Star and two Purple Hearts.

He founded Federal Express on June 18, 1971, using a $4 million inheritance. Operations began on April 17, 1973, with 14 Dassault Falcon jets and 389 employees. On the first day, the company delivered 186 packages across 25 US cities. Over its first two years, it lost $30 million.

According to Memphis magazine, paychecks during this stretch were sometimes postdated, and pilots occasionally paid for fuel with their personal credit cards.

What Happened After General Dynamics Said No
Fuel companies required Federal Express to pay in advance every Monday. In Frock’s account, that weekly advance came to $24,000. After the board of General Dynamics (NYSE:GD | GD Price Prediction) declined to put in more money, Smith flew to Las Vegas instead of going home.

Frock, who was then senior vice president of operations, describes what came next in his book Changing How the World Does Business. In Frock’s account, the company’s balance that Monday was $32,000. Frock recalls asking where the money came from and Smith answering, “I knew we needed money for Monday, so I took a plane to Las Vegas and won $27,000.”

Frock writes in the same book that he replied, “You mean you took our last $5,000? How could you do that?” As Frock tells it, Smith answered, “What difference did it make? Without the funds for the fuel companies, we couldn’t have flown anyway.”

One Week of Fuel and Nothing More
The money paid for one week of jet fuel. When the headline says the money kept the company going, it means that one week. The money bought time and little else. What carried the company through the following months was investor goodwill, employees who agreed to put off cashing their payroll checks, and later funding.

Smith’s own view was that the money played a minor role, though he took it as an omen that things would get better. He also said business school graduates would not recommend his move as a financial strategy.

A Date Nobody Has Pinned Down
The year of the trip remains uncertain. Frock places it in mid-July but does not name a year. Some accounts put it in 1973, and at least one puts it in or around 1974. The headline uses the earlier year.

From a Monday Fuel Payment to a Global Network
From that week, the company grew into FedEx (NYSE:FDX), which today offers a broad portfolio of transportation, e-commerce, and business services to customers around the world. Smith died in Memphis on June 21, 2025, at age 80. FedEx said the cause was natural. At the time of his death, Forbes estimated his net worth at $5.3 billion. About five decades separate that week of jet fuel from that fortune.

A Legend Its Subject Kept Shrinking
The most repeated story about Smith is the one he worked hardest to cut down to size. He called the $27,000 an sign and nothing more. The company survived the months that followed through delayed paychecks, patient investors and new money, and Smith never gave that credit to the Las Vegas trip.

Contact [email protected] for any questions or corrections.

The long-term collaboration will create new solutions powered by supply chain intelligence and financial infrastructure.

MEMPHIS, Tenn. & SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Today, FedEx Dataworks and Stripe announced a long-term, strategic collaboration to help reduce friction in global commerce by combining signals from the global FedEx network and Stripe financial infrastructure. The first joint solution is planned for launch in early 2027. The two companies plan to leverage their respective platforms to expand access to financing for tens of thousands of small- and medium-sized businesses (SMBs). Additionally, FedEx will begin using Stripe as an option to process payments, adding more than 50 new payment methods to their checkouts through Stripe.

Securing capital remains a persistent hurdle for logistics-heavy SMBs. Traditional financing models rely on bank statements and credit scores, often overlooking operational indicators such as shipment activity, inventory movement, and fulfillment performance. By leveraging supply chain intelligence from FedEx Dataworks to help inform financing analysis with Stripe Capital, Dataworks and Stripe are seeking to close that gap and enable FedEx SMB customers to access funding that better reflects how they operate. With these real-time operational signals, Stripe will be better positioned to evaluate, approve, and deploy tailored funding more quickly than traditional lending processes, eliminating the friction for SMBs.

"Every day, FedEx helps move more than $2 trillion in global commerce, giving us unique visibility into how businesses operate," said Vishal Talwar, executive vice president, chief digital and information officer of FedEx Corp., and president of FedEx Dataworks. "Our focus at Dataworks is to leverage that intelligence by building solutions that create value for customers and help make supply chains smarter. This collaboration is an important step in laying the foundation for future innovations across the global economy."

"FedEx and Stripe power the physical and digital foundations of global trade," said John Collison, co-founder and president of Stripe. "Together, we can turn the operational momentum of a small business, like shipping a thousand packages a week, into access to growth finance through Stripe Capital.”

FedEx will also use Stripe to expand payment options for FedEx customers globally, adding more than 50 new payment methods to FedEx checkouts. With a wider variety of local payment methods, FedEx can help remove checkout friction so customers can pay how they prefer.

This announcement marks the beginning of a strategic, long-term collaboration between FedEx Dataworks and Stripe, laying the foundation for the next generation of business solutions powered by FedEx Dataworks logistics signals and Stripe’s financial infrastructure. As the collaboration evolves, both companies expect to scale these capabilities to meet the needs of increasingly complex global enterprise.

About Stripe

Stripe is building programmable financial services for millions of businesses globally. Millions of companies use Stripe to accept payments online and in person, embed financial services, power custom revenue models, and build a more profitable business. Headquartered in South San Francisco and Dublin, Stripe processes over $1.9 trillion of payments annually, equivalent to 1.6% of global GDP. Stripe users include all of the top AI companies, 90% of the Dow Jones Industrial Average, and 88% of the Forbes AI 50. Through its scale and investments in R&D – particularly artificial intelligence and stablecoins – Stripe accelerates the utility of frontier technology in the global economy.

About FedEx Corp.

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, ecommerce, and business services. With annual revenue of $86 billion, the company offers integrated business solutions utilizing its flexible, efficient, and intelligent global network. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 450,000 employees to remain focused on safety, the highest ethical and professional standards, and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more, please visit fedex.com/about.

About FedEx Dataworks

FedEx Dataworks is the insights and intelligence subsidiary of FedEx Corp., moving FedEx beyond transportation and helping to power global commerce through actionable, data-driven solutions. We combine real-world movement data with advanced analytics and agentic capabilities to create products that enable enterprises and ecosystems to seamlessly optimize their value chains. Built on the trust, scale, and the operational DNA of FedEx, we provide insights, automation, and predictive intelligence designed to help businesses shift from reactive visibility to coordinated, proactive action.

Cautionary Statement Regarding Forward-Looking Information

Certain statements in this press release may be considered forward-looking statements, such as statements regarding expected future innovations and benefits of the strategic collaboration. Forward-looking statements include those preceded by, followed by or that include the words “will,” “may,” “could,” “would,” “should,” “believes,” “expects,” “forecasts,” “anticipates,” “plans,” “estimates,” “targets,” “projects,” “intends,” “determined to,” or similar expressions. Such forward-looking statements are subject to risks, uncertainties and other factors which could cause actual results to differ materially from historical experience or from future results expressed or implied by such forward-looking statements. Potential risks and uncertainties include, but are not limited to, economic conditions in the global markets in which FedEx operates; uncertainty and additional volatility in the global trade environment; FedEx’s ability to successfully implement its business strategies and global transformation program and network optimization initiatives, including Network 2.0 and Tricolor, effectively respond to changes in market dynamics, and achieve the anticipated benefits of such strategies and actions; and other factors which can be found in FedEx’s and its subsidiaries’ press releases and FedEx’s filings with the Securities and Exchange Commission, including FedEx’s Annual Report on Form 10-K for the fiscal year ended May 31, 2026. Any forward-looking statement speaks only as of the date on which it is made. FedEx does not undertake or assume any obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

More News From FedEx Corp.

MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Freight Earnings Date Announcement.

FedEx (NYSE:FDX) shareholders elected all 11 director nominees and approved the company’s executive compensation proposal at its annual meeting, while rejecting three shareholder proposals concerning board leadership, special-meeting rights and risks tied to transporting abortion drugs.

The company said preliminary results showed shareholders also ratified Ernst & Young LLP as FedEx’s independent registered public accounting firm for the transition period from June 1, 2026, through Dec. 31, 2026. Final voting results are expected to be reported in a Form 8-K filing with the Securities and Exchange Commission.

Brad Martin, chairman of the FedEx board, led the virtual meeting, which included the election of directors through the 2027 annual meeting. Raj Subramaniam, FedEx’s president and CEO, and Gina Adams, executive vice president, general counsel and corporate secretary, also participated. Shareholder Proposals Rejected None of the three shareholder-sponsored proposals won approval.

A proposal seeking an independent board chair was presented by Matt Prescott, president and COO of The Accountability Board Inc. Prescott said Institutional Shareholder Services and Glass Lewis had recommended support for the measure. A proposal from shareholder John Chevedden called for the company to allow holders of a combined 10% of outstanding common stock to call a special shareholder meeting. Chevedden argued that FedEx’s existing shareholder right to call such a meeting was not meaningful. A proposal submitted by IWP Capital on behalf of the Catholic Diocese of Fort Worth sought a report on risks related to the distribution of abortion drugs. Pia de Solenni, IWP Capital’s vice president of corporate engagement, said FedEx’s role in the transportation of regulated products could expose the company to legal and reputational risks related to shipments of mifepristone and other abortion drugs.

In response, Adams said FedEx is “a transportation and logistics provider, not a manufacturer, distributor, prescriber, or dispenser of pharmaceutical products.” She said the company transports regulated products under applicable laws, regulations and customer agreements, and that the board believes its current risk-management and compliance processes are appropriate.

CEO Cites Transformation Progress and Cash Flow Subramaniam said FedEx delivered strong fiscal 2026 results despite what he described as significant industry headwinds and global trade shifts. He credited the company’s transformation initiatives, including Network 2.0 and Tricolor, with helping create a more flexible, intelligent and agile network.

“Our ongoing digital transformation supported internal efficiencies, a better customer experience, and our ability to build smarter and more resilient supply chains,” Subramaniam said.

He said more centralized network planning and the company’s One FedEx strategy reduced fiscal 2026 capital expenditures to $3.8 billion, or 4% of revenue. Subramaniam called that the lowest capital-expenditure level as a percentage of revenue in company history.

FedEx generated record adjusted free cash flow during the year and returned about $2.2 billion to shareholders, according to Subramaniam. He also said the company completed the spinoff of FedEx Freight and hosted an Investor Day that outlined its strategy and calendar 2029 targets.

Fuel, Tax and Fleet Questions During the question-and-answer portion, Chief Customer Officer Brie Carere said FedEx updates its fuel surcharge weekly, with a lag of less than two weeks, to manage potential margin effects from changes in fuel prices. She said fuel-surcharge capture remained high and that the company had not seen an impact on demand to date.

Interim CFO Claude Russ said FedEx would provide an update during its Oct. 28 earnings call regarding the company’s tax rate following the One Big Beautiful Bill Act. Russ directed investors seeking details on aircraft additions and retirements to the company’s investor-relations website and statistical book.

About FedEx (NYSE:FDX) FedEx Corporation (NYSE: FDX) is a global transportation, e-commerce and business services company. Through its operating companies, FedEx provides package delivery, freight transportation, logistics, supply chain management and related services for businesses, governments and consumers.

The company’s offerings include time-definite express shipping, ground delivery, less-than-truckload freight transportation, customs and international trade support, warehousing, fulfillment and other logistics solutions.

Today, FedEx Corporation (NYSE: FDX) transported two giant pandas, six-year-old male Ping Ping and five-year-old female Fu Shuang, from Chengdu, China to Atlanta, Ga. Working with Zoo Atlanta, the pandas traveled aboard a FedEx Boeing 777-F, known as the “FedEx Panda Express.”

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260927061984/en/

FedEx Corporation (NYSE: FDX) transported two giant pandas, six-year-old male Ping Ping and five-year-old female Fu Shuang, from Chengdu, China to Atlanta, Ga. on Sept. 27. Working with Zoo Atlanta, the pandas traveled aboard a FedEx Boeing 777-F, known as the “FedEx Panda Express." Photo Courtesy of FedEx

For decades, FedEx has worked with the Chinese government and zoos worldwide to provide safe, specialized transportation for giant pandas. FedEx is proud to donate the full transportation cost of this move as part of its ongoing corporate social responsibility and environmental conservation efforts. The company is committed to keeping supply chains moving and connecting communities around the world by enabling global trade.

Throughout their non-stop flight from Chengdu Shuangliu International Airport to Hartsfield-Jackson Atlanta International Airport, Ping Ping and Fu Shuang traveled in custom-built travel crates under the care of Zoo Atlanta animal specialists. The pandas were the sole cargo aboard the aircraft, accompanied only by fresh bamboo, water, and an assortment of their favorite treats.

“We have had the privilege of transporting giant pandas for more than two decades, and every time the FedEx Panda Express is called into service, our entire team feels the significance of the mission,” said Richard W. Smith, chief operating officer, International, and chief executive officer, Airline, FedEx. “Safely delivering Ping Ping and Fu Shuang to their new home in Atlanta underscores our long-standing commitment to global conservation and our network’s ability to securely transport high-priority, precious cargo.”

Before their trip, the bears spent time getting accustomed to their enclosures to ensure a safe and comfortable journey. Following their arrival at Zoo Atlanta, Ping Ping and Fu Shuang have begun their quarantine ahead of their public debut later this year.

FedEx also provided trucking and logistical support in Atlanta to safely transport the pandas from the airport to Zoo Atlanta. Including this move, FedEx has had the privilege of transporting 23 pandas to and from China since 2000. Previous FedEx Panda Express flights include:

2024: from China to USA2024: from USA to China2023: from USA to China2023: from USA to China2019: from USA to China2017: from USA to China2013: from China to Canada2012: from China to France2011: from China to Scotland2010: from USA to China2003: from China to USA2000: from China to USAAbout FedEx Corp.

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce, and business services. With annual revenue of $86 billion, the company offers integrated business solutions utilizing its flexible, efficient, and intelligent global network. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 450,000 employees to remain focused on safety, the highest ethical and professional standards, and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more, please visit fedex.com/about.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260927061984/en/

Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.

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FedEx Corporation (NYSE:FDX) shares are falling Thursday afternoon as surging crude and diesel prices, driven by escalating Middle East geopolitical tensions and proposed fuel trade restrictions, threaten operating margins across global logistics networks.

Here’s what investors need to know.

FedEx stock is showing notable weakness. Why is FDX stock falling? Geopolitical Oil Spike and Diesel Export Ban WarningsEnergy commodity futures rallied sharply following a breakdown in diplomatic momentum at the United Nations General Assembly in New York. Tensions escalated after Iranian President Masoud Pezeshkian delivered a defiant address on Wednesday, stating that despite attacks, they “did not bend the knee”. The resulting standstill in U.S.-Iran talks injected a fresh risk premium into global oil markets, driving West Texas Intermediate and Brent crude futures higher.

Compounding energy market anxiety, several prominent national trade and business groups issued a joint warning to President Donald Trump on Thursday, urging the administration to abandon a planned ban on U.S. diesel exports. Industry representatives cautioned that restricting refined product exports would disrupt domestic refinery yield balances, create regional supply bottlenecks, and force wholesale diesel fuel prices substantially higher.

Fuel Lag Surcharges and Network IntegrationThe sudden increase in fuel input costs directly impacts logistics providers due to the massive fuel consumption required across air fleet and long-haul trucking operations. While FedEx utilizes weekly index-based fuel surcharges across its FedEx Express and FedEx Ground segments to pass energy costs to commercial shippers, rapid spikes in spot diesel and jet fuel prices create a temporary recovery lag that compresses short-term operating margins.

The fuel headwind emerges as management prepares for the FedEx Annual Meeting of Stockholders scheduled for Sept. 28, ahead of its third-quarter 2026 Earnings Call slated for Oct. 28.

As Chief Executive Officer Raj Subramaniam accelerates the enterprise’s “DRIVE” cost-reduction initiative, aimed at slashing $4 billion in structural expenses through the consolidation of Express and Ground operations into One FedEx, unexpected fuel cost inflation poses a direct challenge to network efficiency targets and near-term operating income metrics.

FDX Shares Drop ThursdayFDX Price Action: FedEx shares were down 3.52% at $281.25 at the time of publication on Thursday, according to Benzinga Pro data.

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With the S&P 500 (^GSPC +0.17%) currently yielding around 1%, investors can find far better income opportunities in individual stocks. Three unstoppable businesses with durable competitive moats yielding 1.6% to 5.5% are Kimberly Clark (KMB -0.34%), FedEx (FDX -0.73%), and Realty Income (O -1.15%). These companies provide products and services people rely on every day, which can support dividends for years to come.

Image source: Getty Images.

Kimberly-Clark: Paying dividends from everyday brands Consumer staples companies that sell everyday essentials can make excellent dividend stocks. Kimberly-Clark owns Cottonelle, Kleenex, and Huggies, along with other recognizable personal care brands. People buy these products in good times and bad, helping the company deliver steady financial results that can fund a growing dividend.

The company's current quarterly dividend stands at $1.28 per share, or $5.12 annualized. That puts the forward yield at about 5.2%. That's attractive for a business that has increased its dividend for 54 years, making Kimberly-Clark one of the elite Dividend Kings that have increased their dividends for at least 50 years.

The dividend has grown at a 3.3% compound annual rate over the past five years. While the payout is elevated -- about 86% of earnings and 92% of free cash flow -- analysts expect earnings to grow at roughly 2% annually in the coming years, which should support the company's dividend-growth streak.

Kimberly-Clark has held up well in a challenging consumer spending environment. It reported a slight increase in sales last quarter despite headwinds in China. The company is also investing in its alternative fiber program, designed to improve product performance, drive long-term growth, and reduce sensitivity to commodity cost swings, thereby strengthening margins and supporting the dividend.

With the stock recently dipping, investors have a chance to buy a high-quality consumer staple at an unusually high yield.

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FedEx: Scale and free cash flow fund growing dividends FedEx is one of the leading carriers, with a massive scale that helps generate strong cash flow. It produced $5.1 billion in trailing free cash flow on $95 billion of revenue. FedEx pays a quarterly dividend of $1.22, or $4.88 annualized, for an above-average forward yield of about 1.6%. Over the past five years, it has grown the dividend at a 17% annual rate, and given its relatively low payout ratio of 27% relative to free cash flow, it has plenty of room to grow it.

FedEx operates in a competitive industry, but its moat comes from its highly efficient global network, which moves roughly $2 trillion worth of commerce every year. Its scale across package sortation, air and ground fleets, and international shipping is difficult and expensive to replicate.

There's also clear momentum. Management expects earnings growth to accelerate in the second half of the year, driven by the consolidation of Express and Ground into a single operation -- an initiative that should be 62% complete by the end of 2026. This initiative can reduce costs and lift margins, thereby supporting continued dividend growth.

Analysts expect earnings to grow at a 11% annualized rate in the coming years. With a reasonable forward price-to-earnings multiple of about 17.5x, the stock's valuation and dividend profile could make FedEx a rewarding long-term holding.

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Realty Income: Paying monthly dividends for 57 years Realty Income is a quality real estate investment trust (REIT) that has paid a monthly dividend for 57 consecutive years and increased its dividend for 29 years. The current monthly payment is $0.2715 per share, or $3.26 annualized, bringing the forward yield to about 5.5%. And that dividend has grown at a 2.9% annualized rate over the past five years.

The company owns a diversified portfolio of about 15,500 properties across all 50 states, the U.K., and eight other European countries. Its dividend record reflects disciplined underwriting -- management focuses on acquiring properties that meet return targets and are positioned to benefit from secular tailwinds that can support durable cash flows.

Right now, management sees opportunities in digital infrastructure and industrial demand. On June 30, it announced a $6 billion data center joint venture with Cloud Capital. Management believes the investment can produce attractive long-term returns as demand for data center capacity continues to outpace supply.

Year to date, adjusted funds from operations are up 5% year over year, and portfolio occupancy is near 99%. With a long history of paying (and steadily increasing) monthly dividends from a diversified property base, Realty Income looks positioned to continue rewarding long-term income investors.

Co-filer urges a board-level risk report as Comstock Act enforcement remains unsettled ahead of the September 28 annual meeting

, /PRNewswire/ -- IWP Capital, LLC, a faith-based service provider and co-filer of Proposal 6 on the FedEx Corporation (NYSE: FDX) 2026 proxy statement, today said it intends to vote FOR the proposal at the company's annual meeting on September 28, 2026. The proposal, Report on Risks Related to Distributing Abortion Drugs, was filed by IWP Capital with the Catholic Diocese of Fort Worth and appears in the Stockholder Proposals section of FedEx's proxy statement, beginning on page 104.

The proposal is precatory and procedural. It asks FedEx's board to report, within one year and at reasonable cost, on how it oversees the legal, regulatory, and reputational risks of transporting mail-order abortion drugs such as mifepristone. It does not ask FedEx to stop shipping any lawful product or to inspect packages.

"We are asking a board that emphasizes risk oversight to tell its owners how it is preparing for a criminal statute whose enforcement is genuinely unsettled," said Sam Saladino, Chief Executive Officer of IWP Capital. "Legal uncertainty of this magnitude is itself a material risk. That is why we intend to vote for Proposal 6."

IWP notes the reputational pressure runs both ways — from investors urging continued access and from faith-based coalitions — giving the board a governance reason to document its reasoning. IWP Capital intends to vote FOR Proposal 6 and encourages fellow shareholders to review the proposal and consider doing the same.

IMPORTANT NOTICE

This press release is a public statement by IWP Capital, LLC, a shareholder of FedEx Corporation, of how it intends to vote on Proposal 6 and its reasons for that decision. It is furnished in reliance on Rule 14a-1(l)(2)(iv) under the Securities Exchange Act of 1934 and is not a solicitation of authority to vote any proxy. IWP Capital is NOT asking for, and will NOT accept, proxy cards; any proxy card received will be returned. IWP Capital cannot vote your shares and is not requesting the authority to do so. Shareholders should vote using only the official proxy materials distributed by FedEx.

SOURCE IWP Capital, LLC

MEMPHIS, Tenn.--(BUSINESS WIRE)---- $FDXF #FedExFreight--FedEx Freight Names Michael Rodgers Chief Commercial and Technology Officer.

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Enhanced digital capabilities help businesses improve shipment data, estimate costs, and address customs requirements earlier

MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) today introduced Global Trade Navigator, a suite of digital tools and capabilities designed to help businesses navigate the complexities of international shipping with greater confidence. The enhanced capabilities provide businesses with information and insights to better understand international shipping requirements, improve shipment information, and take action when customs requirements need attention.

Businesses of all sizes can experience different challenges when shipping internationally, from understanding duties and taxes to navigating customs requirements and shipment documentation. According to the 2026 FedEx Small Business Trade Index, 68% of small- and medium-sized businesses regularly see customers surprised by duties at delivery, while 60% report losing revenue through refunds or abandoned purchases. Global Trade Navigator is designed to move trade intelligence earlier in that journey, helping businesses make more informed shipping decisions and address issues before they become clearance problems. By addressing those challenges across planning, shipment preparation, checkout, and reporting, FedEx enables businesses to reduce the complexity of international shipping.

“International shipping requires businesses to make complex decisions long before a package begins its journey,” said Jason Brenner, senior vice president, digital portfolio, FedEx. “Building on decades of global trade expertise, Global Trade Navigator makes critical trade information and guidance more accessible to businesses as they grow internationally. The result is fewer surprises and a more predictable experience for businesses and consumers.”

These digital tools support customers ranging from small- and medium-sized businesses exploring international shipping for the first time to enterprises integrating trade information into established workflows.

Plan before shipping: New FedEx® Trade Planner will provide free, self-service guidance on fedex.com without requiring a login. Businesses can look up Harmonized System codes; estimated duties, taxes, and fees; and document recommendations before creating a shipping label. Improve shipment data: New FedEx Ship Manager® capabilities will allow customers to review product Harmonized System code classifications, customs values, and country of manufacture details. Increase cost transparency at checkout: New FedEx® Duty and Tax app on Shopify will enable merchants to display a duty and tax guarantee during checkout, providing customers with greater visibility into import costs before completing a purchase. Integrate trade insights: Available through the FedEx Developer Portal, Global Trade APIs allow businesses to integrate product classifications, estimated duties and taxes, and regulatory information into existing workflows. Manage clearance and reporting: Enhancements to the FedEx® Import Tool and FedEx® Reporting help customers view customs clearance activity, identify required actions, manage payments, and access global import and export data. These capabilities are part of the company’s continued investment in a more connected, intelligent international shipping experience that helps businesses navigate complexity and grow globally with confidence. You can learn more and access available tools at Global Trade Navigator.

About FedEx Corp.

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce, and business services. With annual revenue of $86 billion, the company offers integrated business solutions utilizing its flexible, efficient, and intelligent global network. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 450,000 employees to remain focused on safety, the highest ethical and professional standards, and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more, please visit fedex.com/about.

More News From FedEx Corp.

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GLP-1 Demand Is Creating a New Dividend Angle in These 4 Logistics StocksFedEx NYSE: FDX executives outlined how the company is using data, artificial intelligence and network integration to reduce costs, improve delivery precision and expand into supply-chain technology services during Citi’s TMT conference.

President and CEO Raj Subramaniam said the company remains focused on its previously stated calendar 2029 targets of modest revenue growth, double-digit earnings growth and $6 billion in free cash flow. He said FedEx is seeing underlying business momentum and is “well on our way” toward those objectives.

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Network transformation and cost reduction FedEx’s Earnings Drop May Be Missing the Bigger Freight StorySubramaniam said FedEx began a structural cost-reduction program in 2022 and has removed billions of dollars from its cost structure. The company has previously cited $4 billion in savings from its DRIVE program and another $2 billion associated with Network 2.0.

A central component of that transformation is combining what had been relatively independent U.S. Express and Ground networks. Subramaniam described the effort as one of the largest industrial transformations in recent history. FedEx was about 42% complete at the time of its last earnings call, he said, expects to reach 62% completion by year-end and remains on track to finish the work next year.

3 Stocks to Watch If the Strait of Hormuz ReopensTechnology has been essential to the effort, according to Subramaniam. He said the company’s development of a digital twin of its network has supported both cost savings and network integration while establishing a foundation for new customer services.

FedEx operates 700 aircraft, 200,000 trucks and 5,000 facilities, Subramaniam said. The company generates roughly 2 petabytes of data daily through a network that moves about $2 trillion of commerce annually.

AI applications target efficiency and service precision Vishal Talwar, FedEx’s executive vice president and chief digital and information officer, said the company views AI as still being in its early stages for logistics. FedEx is applying the technology internally to improve efficiency while also using it to differentiate services and create new revenue streams.

Among current applications, Talwar said AI has reduced aircraft-maintenance research time from 30 minutes to three minutes, representing an approximately 90% efficiency improvement. The company has also reduced its predictable delivery-time window to two hours from four hours, enabling parcels to be placed within two hours of their estimated arrival times.

FedEx is using computer vision to identify non-standard packages and recover surcharge revenue that otherwise could have been missed. Talwar said that initiative is already delivering annual benefits of more than tens of millions of dollars.

Subramaniam said small operational improvements can have outsized effects in an “inventory in motion” network. At the company’s Memphis hub, for example, FedEx has improved flight arrival time by eight minutes, which he characterized as a meaningful gain for operations.

Expanding into supply-chain visibility and orchestration FedEx executives said the company sees an opportunity to address inefficiencies across broader supply chains rather than only in transportation. Subramaniam estimated that global supply chains contain $1.9 trillion in inefficiency.

Talwar said customers in high-value business-to-business sectors including healthcare, automotive, aerospace, data centers and high technology are seeking visibility across sourcing, manufacturing, suppliers, inbound and outbound logistics. In healthcare, FedEx is helping medical-device manufacturers connect inventory and supplier insights with hospital systems, allowing customers to identify demand signals earlier and potentially rebalance inventory.

The company also offers SenseAware, a monitoring capability for high-value shipments that can track conditions such as temperature and surrounding weather. FedEx’s Surround capability provides package-location visibility. Talwar said 40% of FedEx healthcare customers use one of those two capabilities.

Through its DataWorks organization, formed roughly four or five years ago, FedEx is developing businesses around proprietary data insights, externalizing internal technology solutions and supply-chain orchestration. Talwar said the orchestration platform includes modules for inventory flow, supplier insights, demand management, forecasting and yard management.

FedEx has partnered with Dun & Bradstreet on a Retail Momentum Index that Subramaniam said provides a leading indicator for U.S. retail sales. He also said FedEx DataWorks recently announced a relationship with the U.S. Army to help orchestrate its supply chain.

Physical automation remains a focus FedEx is also pursuing physical AI for truck loading and unloading, two areas Subramaniam said remain difficult to automate because packages vary in size, shape and weight. The company expects to deploy robots for those tasks in Hagerstown, Maryland, before December, he said.

In addition, FedEx is working with Aurora on automated trucks for facility-to-facility highway routes. Subramaniam said autonomous driving is easier to deploy on highways, while human drivers can continue handling operations within facilities.

Looking ahead, Talwar said FedEx’s priority is to make supply chains more connected and predictive. He said the industry’s eventual shift from printed labels toward active, intelligent labels could create additional opportunities. Subramaniam said FedEx’s physical network and first-party data provide a competitive advantage as the company seeks to position itself as a platform that customers and partners can use to create additional value.

About FedEx (NYSE:FDX)FedEx Corporation NYSE: FDX is a global logistics and courier company headquartered in Memphis, Tennessee. Founded by Frederick W. Smith in 1971 and beginning operations in the early 1970s, the company pioneered overnight express shipping and has since expanded into a diversified portfolio of transportation, e-commerce and supply-chain services. FedEx operates an integrated air-and-ground network that moves parcels, freight and documents for businesses and consumers worldwide.

FedEx's core operating segments include express parcel delivery via its FedEx Express division, domestic and residential parcel delivery through FedEx Ground, less-than-truckload (LTL) freight services, and logistics and supply-chain management solutions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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Collaboration targets to enable the densest standard CMOS on-chip memory solution for the FDX platform widely used for advanced AI chips, by delivering 40% area shrink and up to 60% power reduction compared to commodity SRAM  | Source: GlobalFoundries Inc.

MALTA, N.Y. and PETA TIKVA, Israel, Sept. 02, 2026 (GLOBE NEWSWIRE) -- GlobalFoundries (GF) (Nasdaq: GFS) and RAAAM Memory Technologies, a pioneer in advanced on-chip memory solutions, today announced a strategic collaboration to develop and qualify Gain-Cell RAM (GCRAM) technology. The partnership has reached a major milestone with the successful tape-out of a GCRAM test vehicle on GF’s industry-leading FDX™ FD-SOI platform.

As edge AI, automotive, and IoT devices continue to demand unprecedented amounts of data, on-chip memory has become a critical bottleneck and often constitutes the majority of the silicon area. Designers are looking for innovative on-chip memory solutions offering higher-density and lower-power consumption compared to commodity SRAM.

Leveraging RAAAM’s patented GCRAM, the companies have co-designed the GCRAM bitcell using “pushed” design rules on FDX technology, achieving 40% memory area shrink and up to 60% memory power reduction compared to SRAM. The companies have jointly designed and taped out a GCRAM test chip. At the next step, the companies will start providing GCRAM design access to lead customers in early 2027.

“The successful tape-out of our GCRAM test vehicle on GF’s FDX platform is a testament to the powerful synergy between RAAAM's memory innovations and GlobalFoundries' manufacturing excellence,” said Robert Giterman, CEO and co-founder of RAAAM Memory Technologies. “Our GCRAM technology allows semiconductor companies to significantly increase their on-chip memory capacity or reduce the silicon area while keeping the same amount of on-chip memory, while the ultra-low leakage of FD-SOI technology extends data retention, enabling designers to unlock substantial energy savings for edge AI devices.”

“At GlobalFoundries, we are continuously pushing the boundaries of what is possible on our FDX platform and keep enhancing our IP offering to meet our customers’ needs,” said Sudipto Bose, vice president of FD-SOI product management at GlobalFoundries. “Partnering with RAAAM Memory Technologies allows us to offer our customers an incredibly compelling on-chip memory solution that redefines the power-performance-area (PPA) equation for advanced AI and other applications.”

The semiconductor ecosystem is already recognizing the potential of this joint development. NXP Semiconductors, a leader in intelligent systems at the edge, is closely evaluating the benefits of the GCRAM solution.

“The industry needs a paradigm shift in on-chip memory. The GCRAM solution developed by RAAAM and GF offers immense potential,” said Victor Wang, VP of front end innovation at NXP Semiconductors. “The projected area shrink and power reductions provide a clear path to increasing on-chip memory capacities, which is vital for reducing off-chip data movement and driving greater system-level efficiency.”

About GF

GlobalFoundries (GF) is a leading manufacturer of essential semiconductors, enabling AI at scale from the cloud to the physical world. Through deep partnerships with customers, GF delivers differentiated, power-efficient and high-performance solutions for automotive, aerospace and defense, data center, smart mobile devices, internet of things and other high-growth markets. With global manufacturing operations across the U.S., Europe and Asia, GF is a trusted and holistic technology partner for customers around the world. GF’s talented, global team remains focused every day on security, longevity and sustainability.

For more information, visit www.gf.com.

About RAAAM Technologies

RAAAM Memory Technologies is a fabless semiconductor IP company providing the most cost-effective on-chip memory technology in the industry. RAAAM’s patented Gain-Cell RAM (GCRAM) technology provides up to 50% silicon area reduction and up to 3X reduced power consumption over traditional SRAM. GCRAM can serve as a drop-in SRAM replacement in SoCs and is fully compatible with standard CMOS fabrication flows, allowing designers to integrate more memory in a smaller die area with lower power consumption.

For more information, visit www.raaam-tech.com.

Media contact:
Stephanie Gonzalez
[email protected]

Management has done an excellent job preparing for the current macroeconomic headwinds.

*Stock prices used were the afternoon prices of Aug. 30, 2026. The video was published on Sept. 1, 2026.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends FedEx. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

FedEx Corporation earns a Buy rating, but not because FDX stock is cheap. The real story is a structural shift in margins, cash flow, and capital efficiency. The Freight spinoff is simplifying the business, while FedEx is pushing deeper into higher-value B2B and service-critical shipments instead of chasing low-quality volume. Network 2.0 could be the biggest earnings lever: FedEx is targeting roughly $2 billion in annual savings by 2027, with about 65% of eligible volume expected through optimized stations before that.

In June, FedEx (FDX -0.16%) spun off an 80.1% stake in FedEx Freight (FDXF +0.15%), marking the start of the delivery giant's divestiture of its less-than-truckload (LTL) freight segment. Since the spinoff, both stocks have gone in different directions.

While shares in FedEx Freight's former parent have largely remained in a narrow range during the summer, FedEx Freight shares initially experienced a big rally, only to give back those gains, and then some.

Investors at the time of the spinoff received one share of FedEx Freight for every two shares of FedEx. The question now is whether it's time to exit both transportation stocks, keep one and sell the other, or let them both ride, viewing them as top industrial stocks.

Image source: Getty Images.

Is FedEx transforming into a lean, mean, parcel-delivering machine? The spinoff isn't the only way FedEx has pivoted toward its core parcel delivery business. Last month, the company also announced the sale of its FedEx Supply Chain subsidiary. FedEx still owns 19.9% of FedEx Freight. It plans to divest the remaining stake either through exchanges of debt for common stock and/or by distributing them to shareholders.

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Yet while FedEx still has skin in the game, management's focus now shifts toward executing its Network 2.0 strategic initiative. For customers, Network 2.0 represents a streamlining of FedEx's parcel pickup and delivery, but for shareholders, the main focus is the estimated $2 billion in structural cost savings.

Yet while long-term forecasts call for double-digit percentage earnings growth in 2027 and 2028, doubts remain. Fuel surcharges helped to mitigate the impact of soaring energy prices, but Amazon's move into the third-party logistics and shipping sector represents a major competitive threat to FedEx. Amazon is using tactics such as lower rates to gain market share.

Only time will tell whether Amazon affects FedEx's earnings growth, but keep in mind how success with Network 2.0 may already be baked into the stock's valuation. Right now, FedEx trades for 16 times forward earnings, a modest premium to rival UPS's forward multiple of about 14. For FedEx's efforts to translate into major gains in the stock, Network 2.0 needs to meet or exceed cost-reduction expectations. The company also needs to maximize customer retention amid the rising competition from Amazon.

Long-term FedEx investors may still want to sit tight. However, for anyone entering or adding to a position, you may want to wait for the next wave of turbulence.

FedEx Freight and its heavy "show me" discount As an LTL freight-hauling company, FedEx Freight competes with companies like Old Dominion Freight Line. LTLs ship partial truckloads of goods for smaller industrial customers over shorter distances. The big opportunity for FedEx Freight lies in its discounted valuation.

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Currently, FedEx Freight trades for about 25 times forward earnings. Competitor Old Dominion, on the other hand, trades for roughly 36 times forward earnings. Closing this valuation gap would mean major price appreciation for the stock.

However, don't expect FedEx Freight's valuation to rise simply because more investors are noticing this valuation discrepancy. It exists because Wall Street wants to see the company knock it out of the park in the coming quarters.

Much of this depends on the newly public company's execution, but external factors could also make or break the story. After softening, demand for LTL services is making a slow recovery. There's also the overhang of FedEx's eventual divestiture of its 19.9% stake. Depending on how quickly FedEx sells these shares, this could continue to weigh on FedEx Freight's performance.

Add in the fact that FedEx Freight also faces a competitive threat from Amazon, the key factor in the stock's initial post-rally pullback, and it's clear why Wall Street's staying in "show me" mode for now. Although a sentiment change would mean tremendous upside from current prices, consider waiting for concrete evidence that the situation is improving.

B. Metzler seel. Sohn & Co. AG acquired a new stake in FedEx Corporation (NYSE:FDX – Free Report) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 18,074 shares of the shipping service provider’s stock, valued at approximately $5,660,000.

Other institutional investors have also added to or reduced their stakes in the company. Silvant Capital Management LLC bought a new position in shares of FedEx in the 2nd quarter worth approximately $2,312,000. Oxford Financial Group LTD. LLC bought a new stake in FedEx during the second quarter valued at approximately $202,000. Advisors Capital Management LLC purchased a new stake in FedEx during the second quarter valued at approximately $741,000. PCM Encore LLC bought a new position in FedEx in the second quarter worth approximately $469,000. Finally, Vise Technologies Inc. bought a new position in FedEx in the second quarter worth approximately $3,921,000. 84.47% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets In other news, Director Paul S. Walsh sold 5,042 shares of the company’s stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $324.56, for a total value of $1,636,431.52. Following the sale, the director owned 16,359 shares in the company, valued at $5,309,477.04. This represents a 23.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.53% of the company’s stock.

Analyst Ratings Changes Several research firms recently weighed in on FDX. HSBC lowered their target price on FedEx from $360.00 to $289.89 and set a “hold” rating on the stock in a research report on Monday, June 1st. Raymond James Financial restated an “outperform” rating on shares of FedEx in a research report on Wednesday. Stephens raised FedEx to a “strong-buy” rating in a research note on Wednesday, July 8th. Rothschild & Co Redburn cut their price objective on FedEx from $375.00 to $344.00 and set a “neutral” rating for the company in a research note on Tuesday, June 2nd. Finally, Sanford C. Bernstein set a $397.00 target price on shares of FedEx in a report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $350.54. Get Our Latest Report on FDX

FedEx Trading Down 0.3% Shares of NYSE:FDX opened at $325.03 on Friday. The company has a market capitalization of $76.92 billion, a PE ratio of 17.56, a P/E/G ratio of 1.68 and a beta of 1.30. The company has a current ratio of 1.48, a quick ratio of 1.44 and a debt-to-equity ratio of 0.74. FedEx Corporation has a 12-month low of $177.05 and a 12-month high of $345.36. The business’s fifty day simple moving average is $319.03 and its 200-day simple moving average is $351.53.

FedEx (NYSE:FDX – Get Free Report) last announced its earnings results on Tuesday, July 21st. The shipping service provider reported $5.88 earnings per share for the quarter. The company had revenue of $23.26 billion during the quarter. FedEx had a net margin of 4.68% and a return on equity of 16.49%. As a group, equities research analysts predict that FedEx Corporation will post 17.6 earnings per share for the current fiscal year.

FedEx Dividend Announcement The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Monday, September 14th will be issued a $1.22 dividend. This represents a $4.88 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend is Monday, September 14th. FedEx’s dividend payout ratio is presently 26.36%.

Key FedEx News Here are the key news stories impacting FedEx this week:

Positive Sentiment: FedEx’s board declared a quarterly cash dividend of $1.22 per share, payable October 1 to shareholders of record on September 14. The unchanged dividend reinforces the company’s commitment to returning capital and may support income-oriented investor interest. FedEx Corp. Board Declares Quarterly Dividend Positive Sentiment: FedEx and UPS reportedly secured modifications to government delivery contracts, potentially providing additional volume and revenue visibility for FedEx’s network. UPS and FedEx land government delivery contract modifications Neutral Sentiment: Wall Street analysts remain cautiously optimistic about FedEx, citing its strong performance over the past year but maintaining a measured outlook on future prospects. This suggests support for the stock but limited expectations for near-term upside. Are Wall Street Analysts Bullish on FedEx Stock? Negative Sentiment: Reports that UPS, FedEx and DHL are returning billions in tariff-related charges to eligible U.S. customers could create reimbursement costs and administrative complexity, although the ultimate financial impact on FedEx remains unclear. UPS, FedEx and DHL are giving back billions in Trump tariffs Negative Sentiment: FedEx reportedly paid its top executives $81 million in fiscal 2026, a 131% increase from the prior year. The sharp rise may draw investor scrutiny regarding compensation discipline and corporate governance. Memphis-based FedEx paid top executives $81M Negative Sentiment: Amazon’s planned expansion of drone delivery to nearly 500 U.S. cities increases competitive pressure in last-mile shipping and could challenge FedEx’s parcel volumes over time. Amazon to Bring Drone Delivery to 500 Cities About FedEx (Free Report)

FedEx Corporation (NYSE: FDX) is a global logistics and courier company headquartered in Memphis, Tennessee. Founded by Frederick W. Smith in 1971 and beginning operations in the early 1970s, the company pioneered overnight express shipping and has since expanded into a diversified portfolio of transportation, e-commerce and supply-chain services. FedEx operates an integrated air-and-ground network that moves parcels, freight and documents for businesses and consumers worldwide.

FedEx’s core operating segments include express parcel delivery via its FedEx Express division, domestic and residential parcel delivery through FedEx Ground, less-than-truckload (LTL) freight services, and logistics and supply-chain management solutions.

Featured Stories Five stocks we like better than FedEx Blueprint for a Boom: SEC Clears the Crypto Runway Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss Advance Auto Parts Plunged, But Its Turnaround Is Still Working Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates?

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Advisors Capital Management LLC acquired a new stake in FedEx Corporation (NYSE:FDX – Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,367 shares of the shipping service provider’s stock, valued at approximately $741,000.

Other institutional investors also recently bought and sold shares of the company. Hollencrest Capital Management purchased a new stake in shares of FedEx during the 1st quarter valued at $25,000. Bayban acquired a new position in shares of FedEx in the first quarter worth about $26,000. EFG International AG purchased a new stake in FedEx during the 4th quarter worth approximately $27,000. Wealth Watch Advisors INC acquired a new position in shares of FedEx in the 3rd quarter valued at approximately $28,000. Finally, Tucker Asset Management LLC acquired a new position in FedEx during the 4th quarter worth $29,000. 84.47% of the stock is currently owned by institutional investors and hedge funds.

FedEx Trading Down 0.3% NYSE FDX opened at $325.03 on Friday. FedEx Corporation has a twelve month low of $177.05 and a twelve month high of $345.36. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.44 and a current ratio of 1.48. The stock has a market cap of $76.92 billion, a price-to-earnings ratio of 17.56, a PEG ratio of 1.68 and a beta of 1.30. The firm’s 50 day moving average price is $319.03 and its two-hundred day moving average price is $351.53.

FedEx (NYSE:FDX – Get Free Report) last announced its quarterly earnings data on Tuesday, July 21st. The shipping service provider reported $5.88 EPS for the quarter. The firm had revenue of $23.26 billion during the quarter. FedEx had a return on equity of 16.49% and a net margin of 4.68%. Equities analysts anticipate that FedEx Corporation will post 17.6 EPS for the current year. FedEx Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Monday, September 14th will be given a dividend of $1.22 per share. The ex-dividend date of this dividend is Monday, September 14th. This represents a $4.88 dividend on an annualized basis and a yield of 1.5%. FedEx’s dividend payout ratio (DPR) is presently 26.36%.

Insiders Place Their Bets In other news, Director Paul S. Walsh sold 5,042 shares of the firm’s stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $324.56, for a total transaction of $1,636,431.52. Following the completion of the sale, the director directly owned 16,359 shares of the company’s stock, valued at $5,309,477.04. This trade represents a 23.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.53% of the stock is currently owned by insiders.

Key Headlines Impacting FedEx Here are the key news stories impacting FedEx this week:

Positive Sentiment: FedEx’s board declared a quarterly cash dividend of $1.22 per share, payable October 1 to shareholders of record on September 14. The unchanged dividend reinforces the company’s commitment to returning capital and may support income-oriented investor interest. FedEx Corp. Board Declares Quarterly Dividend Positive Sentiment: FedEx and UPS reportedly secured modifications to government delivery contracts, potentially providing additional volume and revenue visibility for FedEx’s network. UPS and FedEx land government delivery contract modifications Neutral Sentiment: Wall Street analysts remain cautiously optimistic about FedEx, citing its strong performance over the past year but maintaining a measured outlook on future prospects. This suggests support for the stock but limited expectations for near-term upside. Are Wall Street Analysts Bullish on FedEx Stock? Negative Sentiment: Reports that UPS, FedEx and DHL are returning billions in tariff-related charges to eligible U.S. customers could create reimbursement costs and administrative complexity, although the ultimate financial impact on FedEx remains unclear. UPS, FedEx and DHL are giving back billions in Trump tariffs Negative Sentiment: FedEx reportedly paid its top executives $81 million in fiscal 2026, a 131% increase from the prior year. The sharp rise may draw investor scrutiny regarding compensation discipline and corporate governance. Memphis-based FedEx paid top executives $81M Negative Sentiment: Amazon’s planned expansion of drone delivery to nearly 500 U.S. cities increases competitive pressure in last-mile shipping and could challenge FedEx’s parcel volumes over time. Amazon to Bring Drone Delivery to 500 Cities Analyst Ratings Changes Several research analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft lowered FedEx from a “buy” rating to a “hold” rating in a research report on Wednesday, May 27th. TD Cowen reduced their price objective on FedEx from $426.00 to $354.00 in a research note on Wednesday, June 24th. Stifel Nicolaus decreased their price objective on shares of FedEx from $442.00 to $326.00 and set a “buy” rating for the company in a report on Wednesday, June 24th. The Goldman Sachs Group lowered their target price on shares of FedEx from $405.00 to $375.00 and set a “buy” rating for the company in a research note on Monday, June 1st. Finally, Wells Fargo & Company dropped their target price on shares of FedEx from $450.00 to $425.00 and set an “overweight” rating on the stock in a report on Wednesday, June 17th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $350.54.

Check Out Our Latest Report on FedEx

About FedEx (Free Report)

FedEx Corporation (NYSE: FDX) is a global logistics and courier company headquartered in Memphis, Tennessee. Founded by Frederick W. Smith in 1971 and beginning operations in the early 1970s, the company pioneered overnight express shipping and has since expanded into a diversified portfolio of transportation, e-commerce and supply-chain services. FedEx operates an integrated air-and-ground network that moves parcels, freight and documents for businesses and consumers worldwide.

FedEx’s core operating segments include express parcel delivery via its FedEx Express division, domestic and residential parcel delivery through FedEx Ground, less-than-truckload (LTL) freight services, and logistics and supply-chain management solutions.

See Also Five stocks we like better than FedEx Blueprint for a Boom: SEC Clears the Crypto Runway Ross Stores Just Flipped the Off-Price Retail Story After TJX’s Marmaxx Miss Advance Auto Parts Plunged, But Its Turnaround Is Still Working Is Palo Alto Networks Priced for Perfection Again as AI Security Demand Accelerates?

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The Board of Directors of FedEx Corp. (NYSE: FDX) today declared a quarterly cash dividend of $1.22 per share on FedEx Corp. common stock, in line with the company’s continued focus on delivering stockholder value. The dividend is payable October 1, 2026, to stockholders of record at the close of business on September 14, 2026.

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenue of $86 billion, the company offers integrated business solutions utilizing its flexible, efficient, and intelligent global network. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 450,000 employees to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more, please visit fedex.com/about.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260820967961/en/

Check the Warning Signs for

FDX

now!

BIP Wealth LLC purchased a new position in FedEx Corporation (NYSE: FDX) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 1,884 shares of the shipping service provider's stock, valued at approximately $590,000. Several other hedge funds and other institutional investors have also

The shipping industry straddles the global economy and has a bearing on U.S. stocks. (Leon Neal/Getty Images)

The shipping world is in chaos—and not just because of the Iran war and the Strait of Hormuz closure. Two of the largest shipping companies are signaling that higher prices are on the horizon, and waves from their wake could buffet some of the biggest U.S. stocks.

Posted by Defense World Staff on Aug 12th, 2026

Assenagon Asset Management S.A. cut its holdings in FedEx Corporation (NYSE:FDX – Free Report) by 87.0% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 19,189 shares of the shipping service provider’s stock after selling 128,740 shares during the quarter. Assenagon Asset Management S.A.’s holdings in FedEx were worth $6,009,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Apella Capital LLC lifted its position in shares of FedEx by 5.2% during the second quarter. Apella Capital LLC now owns 5,564 shares of the shipping service provider’s stock worth $1,741,000 after purchasing an additional 273 shares in the last quarter. Evanson Financial LLC bought a new position in FedEx in the 2nd quarter worth approximately $259,000. Chapin Davis Inc. raised its position in FedEx by 12.7% in the 2nd quarter. Chapin Davis Inc. now owns 3,787 shares of the shipping service provider’s stock worth $1,186,000 after purchasing an additional 426 shares during the last quarter. Bill Few Associates Inc. lifted its holdings in FedEx by 19.2% during the 2nd quarter. Bill Few Associates Inc. now owns 1,243 shares of the shipping service provider’s stock worth $389,000 after buying an additional 200 shares in the last quarter. Finally, Foster Group Inc. boosted its position in FedEx by 1.0% in the 2nd quarter. Foster Group Inc. now owns 4,603 shares of the shipping service provider’s stock valued at $1,441,000 after buying an additional 47 shares during the last quarter. 84.47% of the stock is owned by institutional investors.

FedEx Price Performance FedEx stock opened at $321.93 on Wednesday. The firm has a market capitalization of $76.17 billion, a P/E ratio of 17.39, a PEG ratio of 1.67 and a beta of 1.30. FedEx Corporation has a 1 year low of $176.00 and a 1 year high of $345.36. The business has a 50-day moving average of $319.07 and a 200-day moving average of $350.81. The company has a current ratio of 1.48, a quick ratio of 1.44 and a debt-to-equity ratio of 0.74.

FedEx (NYSE:FDX – Get Free Report) last announced its quarterly earnings results on Tuesday, July 21st. The shipping service provider reported $5.88 earnings per share for the quarter. FedEx had a net margin of 4.68% and a return on equity of 16.49%. The business had revenue of $23.26 billion for the quarter. On average, equities analysts anticipate that FedEx Corporation will post 17.6 EPS for the current year.

FedEx Cuts Dividend The company also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Monday, June 22nd were issued a $1.22 dividend. The ex-dividend date was Monday, June 22nd. This represents a $4.88 annualized dividend and a yield of 1.5%. FedEx’s dividend payout ratio (DPR) is 26.36%.

Analysts Set New Price Targets FDX has been the subject of several research reports. JPMorgan Chase & Co. reissued a “buy” rating on shares of FedEx in a research note on Friday, June 26th. Citizens Jmp started coverage on shares of FedEx in a research report on Wednesday, July 15th. They set a “market outperform” rating and a $375.00 price target for the company. Wall Street Zen raised shares of FedEx to a “hold” rating in a research note on Saturday. Jefferies Financial Group initiated coverage on shares of FedEx in a report on Tuesday, June 23rd. They issued a “buy” rating and a $200.00 price objective on the stock. Finally, Bank of America raised their price objective on shares of FedEx from $376.00 to $378.00 and gave the company a “buy” rating in a research note on Wednesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $350.54.

Check Out Our Latest Stock Report on FDX

Insiders Place Their Bets In other news, Director Paul S. Walsh sold 5,042 shares of FedEx stock in a transaction on Tuesday, June 30th. The shares were sold at an average price of $324.56, for a total transaction of $1,636,431.52. Following the transaction, the director directly owned 16,359 shares of the company’s stock, valued at $5,309,477.04. This trade represents a 23.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.53% of the company’s stock.

About FedEx (Free Report)

FedEx Corporation (NYSE: FDX) is a global logistics and courier company headquartered in Memphis, Tennessee. Founded by Frederick W. Smith in 1971 and beginning operations in the early 1970s, the company pioneered overnight express shipping and has since expanded into a diversified portfolio of transportation, e-commerce and supply-chain services. FedEx operates an integrated air-and-ground network that moves parcels, freight and documents for businesses and consumers worldwide.

FedEx’s core operating segments include express parcel delivery via its FedEx Express division, domestic and residential parcel delivery through FedEx Ground, less-than-truckload (LTL) freight services, and logistics and supply-chain management solutions.

Further Reading Five stocks we like better than FedEx Atlassian Just Pulled Off the Software Comeback Wall Street Wanted AST SpaceMobile Earnings Just Reminded Investors How Risky Space Can Be NVIDIA’s Rally Sets Up a Bigger Test Ahead of Earnings Apple’s Next iPhone Could Test How Much Pricing Power Is Left

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FedEx (FDX) is pivoting to premium B2B, specialized B2C, and cross-border shipments, prioritizing high-yield, service-driven volumes over low-price, commoditized business. FDX's Tricolor and Network 2.0 initiatives are optimizing network agility, reducing costs, and targeting $2 billion in annualized efficiency savings by 2027. Recent financials show Federal Express revenue up 14% YoY, with parcel yield climbing 11% YoY, supporting the shift to higher-quality revenue.

Posted by Defense World Staff on Jul 25th, 2026

Beaconlight Capital LLC purchased a new stake in FedEx Corporation (NYSE:FDX – Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 15,201 shares of the shipping service provider’s stock, valued at approximately $5,414,000. FedEx accounts for about 2.9% of Beaconlight Capital LLC’s investment portfolio, making the stock its 11th biggest holding.

Several other large investors have also modified their holdings of the company. Public Employees Retirement System of Ohio grew its position in FedEx by 0.5% during the first quarter. Public Employees Retirement System of Ohio now owns 99,159 shares of the shipping service provider’s stock worth $35,318,000 after buying an additional 521 shares in the last quarter. Compound Planning Inc. boosted its stake in FedEx by 28.7% during the first quarter. Compound Planning Inc. now owns 4,920 shares of the shipping service provider’s stock worth $1,752,000 after buying an additional 1,096 shares in the last quarter. CLG LLC raised its stake in shares of FedEx by 3.8% in the 1st quarter. CLG LLC now owns 952 shares of the shipping service provider’s stock valued at $339,000 after buying an additional 35 shares in the last quarter. Modern Wealth Management LLC lifted its holdings in shares of FedEx by 73.7% during the 1st quarter. Modern Wealth Management LLC now owns 2,454 shares of the shipping service provider’s stock worth $882,000 after acquiring an additional 1,041 shares during the period. Finally, Orleans Capital Management Corp LA acquired a new stake in shares of FedEx during the 1st quarter valued at about $242,000. 84.47% of the stock is owned by institutional investors.

FedEx Price Performance FedEx stock opened at $314.77 on Friday. The business has a 50-day moving average of $335.98 and a 200-day moving average of $350.05. The company has a current ratio of 1.48, a quick ratio of 1.44 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of $74.47 billion, a P/E ratio of 17.01, a PEG ratio of 1.62 and a beta of 1.29. FedEx Corporation has a 1 year low of $172.88 and a 1 year high of $345.36.

FedEx (NYSE:FDX – Get Free Report) last announced its quarterly earnings results on Tuesday, July 21st. The shipping service provider reported $5.88 earnings per share (EPS) for the quarter. The company had revenue of $23.26 billion during the quarter. FedEx had a net margin of 4.68% and a return on equity of 16.49%. On average, equities analysts anticipate that FedEx Corporation will post 17.6 EPS for the current year.

FedEx Cuts Dividend The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Monday, June 22nd were given a dividend of $1.22 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $4.88 annualized dividend and a dividend yield of 1.6%. FedEx’s dividend payout ratio is currently 26.36%.

Wall Street Analyst Weigh In A number of brokerages have commented on FDX. Wall Street Zen upgraded shares of FedEx from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 6th. Citizens Jmp assumed coverage on FedEx in a research report on Wednesday, July 15th. They set a “market outperform” rating and a $375.00 target price for the company. The Goldman Sachs Group decreased their price target on FedEx from $405.00 to $375.00 and set a “buy” rating on the stock in a research note on Monday, June 1st. Stephens upgraded FedEx to a “strong-buy” rating in a research report on Wednesday, July 8th. Finally, Sanford C. Bernstein set a $397.00 price objective on FedEx in a research note on Wednesday, June 24th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, FedEx has an average rating of “Moderate Buy” and an average price target of $350.54.

Check Out Our Latest Stock Report on FDX

Insider Transactions at FedEx In other FedEx news, Director Paul S. Walsh sold 5,042 shares of FedEx stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $324.56, for a total value of $1,636,431.52. Following the sale, the director owned 16,359 shares of the company’s stock, valued at $5,309,477.04. This trade represents a 23.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.53% of the company’s stock.

FedEx Company Profile (Free Report)

FedEx Corporation (NYSE: FDX) is a global logistics and courier company headquartered in Memphis, Tennessee. Founded by Frederick W. Smith in 1971 and beginning operations in the early 1970s, the company pioneered overnight express shipping and has since expanded into a diversified portfolio of transportation, e-commerce and supply-chain services. FedEx operates an integrated air-and-ground network that moves parcels, freight and documents for businesses and consumers worldwide.

FedEx’s core operating segments include express parcel delivery via its FedEx Express division, domestic and residential parcel delivery through FedEx Ground, less-than-truckload (LTL) freight services, and logistics and supply-chain management solutions.

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Key Takeaways Management targets 4-6% revenue growth and 10-12% adjusted operating income growth.FedEx Freight's revenue rose 4.8% as revenue per shipment climbed 11.5% despite lower volumes.Technology and network investments aim to improve freight efficiency, service and connectivity. FedEx Freight ((FDXF - Free Report) ) is entering public markets as a pure-play less-than-truckload carrier at a time when volume growth remains uneven. The company’s investment case now rests on whether pricing, freight mix and internal efficiency can offset softer shipment activity.

That makes FDXF a useful test of the current LTL cycle. Demand may be under pressure, but management is leaning on revenue quality, network density, and technology to protect margins.

FedEx Freight Is Leaning Into Revenue per ShipmentFourth-quarter revenues rose 4.8% year over year to $2.4 billion even as average daily shipments fell 5.9% to 86.7 thousand. The offset came from stronger revenue per shipment, which increased 11.5% to $415.22.

Weight per shipment rose 3% to 948 pounds, while revenue per hundredweight increased 8.2% to $43.79. Those metrics matter because heavier shipments and better yield can help support revenues when freight counts remain under pressure.

FDXF Margin Expansion Depends on Network OptimizationManagement expects medium-term revenue growth of 4-6% and adjusted operating income growth of 10-12%. That gap implies the company is targeting faster profit growth than revenue growth, driven by operating improvements rather than just better demand.

Capital discipline will be central to that plan. The company expects its capital-expenditure-to-revenue ratio to be around 5%, while investments are being directed toward the network, technology and freight-focused operations. Old Dominion Freight Line ((ODFL - Free Report) ), another major LTL carrier, remains a key benchmark for investors watching service quality, pricing discipline and terminal productivity across the category.

FedEx Freight Faces a Cyclical LTL Demand BackdropFDXF serves manufacturers, retailers, distributors and other businesses, leaving it exposed to manufacturing activity, industrial production and business spending. In a slower economy, customers may ship fewer loads, creating pressure on volumes, pricing and margins.

Risks also include inflation, tariff-related uncertainty, geopolitical tension and supply-chain disruption. United Parcel Service ((UPS - Free Report) ), a broad transportation and logistics company, gives investors a wider freight and parcel comparison point when assessing how business spending and trade flows move through the transport sector.

FDXF Technology Spending Could Reshape Freight EfficiencyTechnology is a key part of the standalone strategy. FedEx Freight expects to benefit from technology investments and optimized operations tailored specifically to freight customers.

The opportunity is operational as well as commercial. Dedicated technology spending could improve freight movement, customer service, network planning and supply-chain connectivity. As an independent company, FedEx Freight can focus capital on LTL priorities rather than competing internally with parcel and express operations.

FedEx Freight Ratings Temper the Emerging Trend StoryThe bottom line is that FDXF has a clear margin-improvement path, but the path depends on execution in a cyclical freight market. Pricing and mix helped the latest quarter, while lower shipments show that demand remains a constraint.

The stock currently carries a Zacks Rank #3 (Hold), which reflects a neutral near-term earnings-revision signal. The VGM Score of D and Momentum Score of F point to weak current market characteristics, while the Value Score of C and Growth Score of C suggest a more balanced profile on those two style measures. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

For investors, the combination argues for patience rather than a one-sided view. FedEx Freight has standalone advantages, scale and a targeted operating plan, but weak momentum and a neutral Rank indicate that earnings-revision support is not yet strong enough to fully validate the margin-growth story.