FedEx Corp (ticker: FDX) is a multinational delivery services company headquartered in Memphis, Tennessee. The company's name, FedEx, is an abbreviation of its original air division, Federal Express, which was used from 1973 until 2000. The company is known for pioneering a system that could track the location of a package as it transits to its final destination. This innovative system revolutionized the delivery industry, leading the way for real-time package tracking.
Today, FedEx is structured into various operating units, each responsible for a unique dimension of the company's diverse services portfolio. These units include FedEx Express, which handles international shipping, FedEx Ground, which offers business and residential ground service in the U.S and Canada, and FedEx Freight, which provides less-than-truckload freight services. Other operating units include FedEx Services, which provides sales, marketing, and technology support, and FedEx Office, which delivers printing, copying, and binding services.
FedEx has a strong operational network, with more than 490,000 team members globally, more than 680 aircraft for its express segment, and more than 180,000 motorized vehicles used for package delivery throughout its business segments. The company delivers more than 15 million shipments each day, serving customers in over 220 countries and territories worldwide.
Listed on the New York Stock Exchange under the ticker symbol FDX, FedEx has experienced steady growth over the years. Notably, despite significant global disruptions caused by the COVID-19 pandemic, FedEx was able to leverage the surge in e-commerce activities, resulting in impressive financial performances with a rise in revenue and profits.
Furthermore, FedEx is committed to corporate social responsibility, with strong inclinations towards sustainability and eco-friendly practices. The company has taken major efforts to reduce its carbon footprint, such as investing in electric vehicles and fuel-efficient planes. FedEx has also established numerous initiatives centered around community development, disaster relief efforts, and road safety.
In summary, FedEx Corp (FDX) is not just a strategic logistics giant, but also a trailblazer in technological innovation within the delivery industry, with a strong emphasis on corporate responsibility and sustainability. It has successfully positioned itself as an industry leader through continuous growth, customer focus, and adaptive strategies.
Income statement
Balance sheet statement
Cash flow statement
Current assets / Current liabilities
Equity / Debt / Cash
Dividends
Norwegian Cruise Line Holdings Ltd. (NCLH) stock is trending up by 3.17% driven by strong post-pandemic booking demand, despite some analysts trimming price targets due to cautious views on 2027 demand. Wells Fargo lowered its target to $20 from $22 but maintained an "Overweight" rating, while Truist cut its target to $16 and kept a "Hold" rating. NCLH is focusing on luxury growth with new Oceania Cruises ships and upgrades, navigating its heavy debt load amidst market volatility.
Argus has lowered its target price for ArcBest Corporation (ARCB) to $138.00. The company is an integrated logistics provider offering various shipping and logistics solutions. The report was published on September 23, 2026.
Canadian Pacific Kansas City (TSX:CP) has reaffirmed its full-year outlook for revenue ton-mile and earnings growth while cutting its 2025 capital spending plan. Despite recent choppiness, the stock shows a 21.7% year-to-date return, and the most followed narrative suggests it is 11% undervalued with a fair value of CA$139.53. However, some P/E ratio analyses indicate it may appear expensive compared to certain benchmarks, signaling potential valuation risk.
A FedEx distribution center in Hooper City, Birmingham, was recently sold for nearly $9.5 million. The sale was reported by the Birmingham Business Journal and occurred in a growing industrial park.
The Surface Transportation Board (STB) unanimously rejected motions to dismiss the $85 billion merger application between Union Pacific and Norfolk Southern. However, STB's newest board member, Richard Kloster, criticized the application for its lack of transparency and depth, stating the railroads "still have a long way to go" to prove the deal is in the public interest. Despite the STB allowing the merger to proceed, the proposal faces ongoing opposition from rival railroads and shipper associations, while Union Pacific and Norfolk Southern continue to gather support.