FedEx stock is coming off a year of lukewarm gains, and one executive just scooped up shares on the open market. Shares of logistics firm FedEx managed to gain 11% in 2024, less than half the 23% rise in the S&P 500 index.
Nantucket's FedEx Ship Center on Airport Road will close on March 1, a company spokesperson confirmed Thursday. The location is the only one on the island.
FedEx Corp. allegedly failed to provide reasonable accommodations to disabled dispatchers by denying their requests to continue teleworking as an accommodation for their disabilities, according to a lawsuit in federal court.
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $200.0 to $240.0 for FedEx over the recent three months. In terms of liquidity and interest, the mean open interest for FedEx options trades today is 328.83 with a total volume of 254.00.
FedEx has informed employees that its distribution center at 1 Federico Drive in Pittsfield will close later this year.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Schwab, Director at FedEx, a company in the Industrials sector, just exercised stock options worth 3,980 shares of FDX stock with an exercise price of $174.63.
FedEx Freight President Lance Moll will retire Jan. 31 as the nation’s largest LTL carrier prepares for a spinoff from the parcel giant, the company announced Friday. Moll will wrap up his 33-year tenure with FedEx by shifting into an executive advisor role until July 31, the company said.
Look: Cincinnati Bengals Stars Joe Burrow, Ja'Marr Chase Nominated For FedEx Air & Ground Players of the Year Award
Hideki Matsuyama held onto his lead on the PGA Tour’s FedEx Cup points race with a tie for 16 th at the Sony Open last week giving him 49 points, adding that to the 700 points he earned the week before when he won the season-opening Sentry and the first of the Tour’s Signature Events.
Rhode Island police arrested four suspects who led law enforcement officials on a chase that stemmed from an armed robbery of a FedEx driver in Harvard, Massachusetts.
Four suspects believed to be involved in the armed robbery of a FedEx worker in Massachusetts were arraigned over the weekend and released on bail, according to Rhode Island State Police.
Authorities are trying to identify the suspect in a Montgomery business robbery. The unidentified suspect, police said, was wearing a jacket the FedEx logo and armed with a flare gun. The holdup happened at 10:05 a.m. Friday at convenience store in the 400 block of Coliseum Boulevard.