FedEx Faces Higher Costs After Cargo Plane Grounding During Peak Season
FedEx expects lower earnings after grounding MD-11 cargo planes, facing higher costs during the busy holiday shipping season.
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FedEx Q2 Earnings Beat Estimates, Raises 2026 Outlook
FedEx (FDX) reports impressive second-quarter earnings with $4.82 per share, beats expectations, and raises 2026 profit forecast as cost-cutting measures and network transformation drive growth.
FedEx Expects Profit Boost This Quarter, Easing Investor Worries
FedEx projects higher profits this quarter compared to last year, lifting investor confidence despite ongoing industry challenges and higher costs.
Deadly UPS Cargo Plane Crash Shuts Down Louisville Airport
A UPS cargo plane crashed and exploded at a Kentucky airport, killing at least 7 people and injuring 11.
UPS Beats Profit Expectations as Massive Job Cuts and Cost Reduction Drive Turnaround
UPS third-quarter earnings exceed forecasts as 34,000 job cuts and strategic network changes boost profits. Shares jump 12% despite ongoing tariff challenges.