Italian tax police have seized 46.6 million euros ($48.4 million) from FedEx's local unit, FedEx Express Italy srl, following ...

FedEx is reducing its headcount in Europe by as many as 2,000 people as it continues its cost-cutting efforts. First unveiled in 2022, Network 2.0 is a multi-year effort aimed at improving how ...

FedEx Corp, a US-based express transportation company, has expanded its operations in Central and Eastern Europe by establishing a new logistics facility in Plzeň, Czech Republic. This facility ...

Most of those being laid off locally work as couriers. The express shipping giant has announced job cuts in markets across the country in the past three months.

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optimizing operations in Europe, and increasing linehaul efficiencies. For 2Q25, FedEx Freight segment revenue was $2.2 billion, down by 11.2% YoY, primarily due to lower shipment volumes and ...

However, FedEx has warned like this before ... An inverted yield curve isn’t helping. In Europe there are warnings of outright recession. Things aren’t looking good, through the markets ...