13 May 2026, Wed

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Tesla Semi trucks in short supply for PepsiCo as its rivals use competing EV big rigs

By Jessica DiNapoli NEW YORK (Reuters) – Key Tesla customer PepsiCo made initial payments for...

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FedEx tightens 2024 profit forecast on cost cuts, shares jump 13%

By Lisa Baertlein and Aishwarya Jain (Reuters) -FedEx narrowed its fiscal 2024 profit forecast on...

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FedEx tumbles after sober results, broader market slips

By Shivansh Tiwary (Reuters) -Shares of FedEx sank 12% on Wednesday following dismal results and...

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FedEx says U.S. Express service disrupted, blames FAA IT outage overnight

LOS ANGELES (Reuters) -FedEx Corp on Wednesday said its U.S. Express deliveries could be delayed...

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FedEx shares pop on hefty profit beat, UPS customer wins

By Lisa Baertlein and Priyamvada C (Reuters) -FedEx surprised investors with a big quarterly profit...

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Startups with electric vans race to fill demand for zero-emissions delivery

By Nick Carey and Lisa Baertlein LONDON/LOS ANGELES (Reuters) – A clutch of European and...

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FedEx to hike shipping rates, customs fees to bolster profitability

(Reuters) -FedEx Corp said on Tuesday it would increase shipping rates and customs clearance service...

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U.S. trucking firms see freight downturn reversing after dour quarter

By Priyamvada C (Reuters) -The U.S. trucking industry may begin to see an uptick in...

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FedEx appoints new CFO

(Reuters) -FedEx Corp on Monday appointed former CEO of Atlas Air Worldwide John Dietrich as...

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S&P 500 ends lower as Microsoft recedes from record high

By Noel Randewich and Sruthi Shankar (Reuters) – The S&P 500 ended lower on Friday,...