We consider FedEx's balance sheet to be healthy and manageable. Total debt approached $20.6 billion as of fiscal year-end 2025 (ended in May), similar to levels posted over the past three years. FedEx ...

FedEx will soon provide a single pricing structure for parcel pickups to coincide with restructuring of Express and Ground ...

DRIVE – the $4 billion cost-cutting initiative that FedEx first announced in 2023 is much more than just a buzzword. It’s ...

FedEx founder Frederick Wallace Smith, whose express shipping company revolutionized air cargo transportation and set the standard for "absolutely, positively" overnight delivery, died on June 21 ...

When he was a student at Yale in 1965, Fred Smith wrote an economics paper that spelled out his idea for a nationwide overnight delivery system. His professor gave him a C. Smith didn’t give up ...

FedEx deems April 17, 1973, as Federal Express’ operational birthday. Fourteen small aircraft departed Memphis and delivered 186 packages to 25 U.S. cities.