Package Handler

FedEx becomes more optimistic for the current year. The US logistics group FedEx, like its competitors UPS and DHL, is looking more confidently at the current year. Adjusted earnings per share are expected to be between 18 and 18.60 US dollars, the company announced on Wednesday after the US market closed. For revenue, FedEx CEO Raj Subramaniam now expects an increase of twelve percent, and thus one percentage point more than previously. Investors reacted cautiously. 29.10.2026 04:49 After the quarterly report was published, FedEx shares initially fell by more than 7 percent in after-hours US trading. In pre-market trading on Thursday, the loss narrowed to just under one percent. A change in the reporting modalities made comparison of the figures with analyst estimates difficult, market sources said. In the third quarter, FedEx revenue rose by twelve percent to 22.9 billion US dollars (20.5 billion euros). Net profit fell by around two thirds to 290 million US dollars. This was due in part to restructuring costs outside the USA. FedEx wants to divest its freight division, among other things. In addition, the group is struggling with inflation-related cost increases, for example for energy. Like its competitors, it is trying to pass part of this on to customers through fuel surcharges. However, this happens with a slight time lag and does not always succeed completely. Add to this the rapid changes in global trade policy and fluctuations in economic development. For JPMorgan analyst Brian Ossenbeck, the figures allow positive conclusions for competitor DHL. The Bonn-based company already presented key data in mid-October and raised its annual targets. When the final figures are presented in a week, however, the focus is likely to be all the more on volume development in the coming weeks. Ossenbeck saw the FedEx figures as a positive signal for the upcoming peak season. The current important final quarter includes not only Christmas but also retail promotional days such as Black Friday. During this time, the logistics and delivery industry does a correspondingly large amount of business. The US group UPS had also raised its annual targets two days ago and expressed confidence about the upcoming hot phase./lew/he/jha/

FedEx converts digital insights into new market expansion. By PYMNTS | October 28, 2026 FedEx is using its digital insights to unlock new markets, the company said in a Wednesday (Oct. 28) press release detailing its results for the quarter ended Sept. 30. The company is leveraging its data to offer visibility and supply chain management tools to customers, according to a third quarter earnings presentation released Wednesday. "Building on our data and technology advantage, we announced new collaborations to provide value-added services for existing and new customers," FedEx President and CEO Raj Subramaniam said Wednesday during an earnings call. FedEx is also deploying physical artificial intelligence in its own operations, beginning with its use of Dexterity robotic loaders at one of its hubs, per the presentation. PYMNTS reported Sept. 1 that this deployment sees dual-armed robots autonomously load trailers at production scale. Please add Money By Design to your preferred sources list so its news, data and interviews show up in your feed. Thanks! "When it comes to physical AI, our network is already one of the most automated in the world," Subramaniam said. "We are making notable strides in automating our load and unload operations to help create a safer and more efficient environment for our team members." In shipping business, FedEx saw volume growth in both its U.S. Domestic business, which saw its revenue increase 10% year over year to $14.7 billion, and its International business, which saw its revenue increase 17% year over year to $7.5 billion, the presentation said. During September, FedEx recorded average daily volume gains of 4% in Federal Express U.S. Priority and Deferred Package, 2% in Federal Express Ground Package, 9% in Federal Express International Export Package and 16% in Federal Express International Export Freight Pounds, per the presentation. "We were particularly encouraged by the strength from our B2B customers, including the fast-growing data center vertical, which supported 28% year-over-year growth in international freight revenue," FedEx Executive Vice President and Chief Customer Officer Brie Carere said during the earnings call. FedEx has become more focused after spinning off FedEx Freight and selling FedEx Supply Chain, according to the presentation. PYMNTS reported June 1 that FedEx Freight completed its spin-off from FedEx and is focused on the North American less-than-truckload (LTL) industry. PYMNTS reported July 1 that FedEx was planning to sell FedEx Supply Chain to CMA CGM Group as part of its continued corporate streamlining. This sale closed in October, Subramaniam said. "We have taken meaningful strategic actions to become a more focused company, while deliberately allocating capital to create stockholder value," Subramaniam said of these moves.

FedEx Corp. beats analysts' third quarter expectations. By Steve Bohnel, Daily Memphian Updated: October 28, 2026 7:07 PM CT | Published: October 28, 2026 7:06 PM CT FedEx Corp. reported quarterly earnings Wednesday, Oct. 28, that beat Wall Street expectations - including year-over-years revenue growth of 12% - in its first earnings report for its newly realigned fiscal year. FedEx switched to a Dec. 31 year-end reporting framework from a May 31 fiscal year end, months after FedEx Freight also completed its spinoff from the parent company. FedEx Corp. reported adjusted earnings per share of $3.74, beating analysts' prediction of $3.34 per share and up 28% from a year ago. Topics. Thank you for reading The Daily Memphian. Your support is critical. Did you know we are a 501(c)3 nonprofit news organization? We rely on a mix of revenue from subscriptions (50%), advertising, events and other earned income (25%) and fundraising (25%). Please consider making a fully tax-deductible donation or other contribution to The Daily Memphian today. Your subscription pays for you to read all our journalism. Your donation powers the work we do to reach everyone else with the news. We believe an informed Memphis is a better Memphis. If you agree, join our growing list of donors now. Steve Bohnel Steve Bohnel is a Temple University graduate, originally from Bucks County, Pennsylvania. He's worked at news organizations in Iowa, Maryland and Pittsburgh, covering local and state politics. He covers health care, transportation and logistics, manufacturing, and technology. He is an avid traveler, an Everton F.C. and Philadelphia sports fan, and likes collecting records and biking around town. Want to comment on our stories? If you're a subscriber, scroll down to the comments. If you're not a subscriber, only paid subscribers can add their thoughts, so subscribe now. Our commenting policy can be viewed here.