FedEx Announces Planned Consolidation of Operating Companies
WEBFedEx expects DRIVE to generate $4.0 billion of permanent cost reductions in fiscal 2025. Each area is expected to generate savings in fiscal 2025 as follows: $1.2 billion in Surface Network. $1.3 billion in Air Network & International. $1.5 billion in General & Administrative.
FedEx overhaul contemplates a future with no drivers on payroll
WEBApr 10, 2023 · FedEx is ripping up founder Fred Smith's well-worn playbook as it rethinks virtually the entire business. That could mean the end of FedEx drivers as we know them.
FedEx consolidation: What we know about restructuring plan
WEBApr 5, 2023 · FedEx announced a plan to consolidate FedEx Express, FedEx Ground, FedEx Services and other FedEx operating companies into a single company.
FedEx Presents “Deliver Today, Innovate for Tomorrow” Strategy
WEBFedEx Corp. is hosting an investors meeting today where President and Chief Executive Officer Raj Subramaniam and the FedEx leadership team will present a strategic plan to deliver more value for customers, stockholders, and team members. FedEx will also outline its fiscal 2025 financial targets.
Technology and Innovation Policy Perspectives | FedEx
WEBFedEx sees benefits of next-generation innovation for our team members and operations, including computer-assisted vehicles, artificial intelligence and automation, and robotics. We support efforts to modernize federal laws and regulations that encourage advances in transportation technology.
The Blueprint for What’s Next - FedEx Newsroom
WEBSep 21, 2020 · Innovation inspired our start, and it is fueling our future. We will benefit from the remarkable Digital Transformation efforts already underway by our world class teams. This includes: Increasing visibility and control for …
WEBOur 2024 ESG Report covers the ESG performance for each FedEx operating company across all geographic regions for fiscal year 2023 (FY23) unless otherwise specified. FY23 ended on May 31, 2023, and all references to “FY” denote the 12-month period ending on May 31 of the specified year.
One Year In, FedEx Continues to Build Toward a More Sustainable Future …
WEBMar 2, 2022 · To help move this ambitious 2040 carbon-neutral operations target forward, FedEx designated more than $2 billion of initial investment in three key areas: vehicle electrification, sustainable energy, and carbon sequestration.
Sustainability and Carbon Neutral Operations | FedEx
WEBWe are on a journey to deliver a more sustainable future with a data-first approach with FedEx ® Sustainability Insights, our modernized emissions reporting tool for the U.S. View your emissions footprint at a package and accounts levels for your FedEx Ground ®, FedEx Express ®, and FedEx Freight ® shipments. Some exclusions apply.
FedEx to combine delivery units as part of $4 billion cost-cut push
WEBLOS ANGELES, April 5 (Reuters) - FedEx Corp (FDX.N) said on Wednesday it will consolidate its separate delivery companies into a single entity, in a move to slash costs and better compete with...
- Some results have been removed