FedEx (NYSE:FDX) is in focus as value stocks prepare for the next U.S. session after the Labor Day market closure.

FedEx Corp. stock is trading near the low 320-dollar range while recent filings show new institution

FedEx Freight fired one of its executives, according to a U.S. Securities and Exchange Commission filing.

The LTL carrier will spread the responsibilities of former EVP Michael Lyons to other company executives, according to a regulatory filing.

FedEx Freight announced that it has terminated Chief Specialized Services and Commercial Officer Mike Lyons, who was appointed to the role ahead of the company’s spinoff from FedEx Corp.

A New York personal injury firm and various healthcare providers have told a Manhattan federal judge that FedEx has asserted implausible claims alleging they orchestrated an insurance fraud scheme to fabricate medical records and inflate accident claims, saying there is no such racketeering enterprise.

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Logistics rivals FedEx Corporation (NYSE:FDX) and United Parcel Service, Inc. (NYSE:UPS) shared the spotlight on August 20, when the U.S. Transportation Command awarded both giants modified defense contracts worth an estimated $2.72 billion each under the Next Generation Delivery Service-2 program. Securing multi-year government cash flows through September 2030 provides a steady baseline for both […]