Residents in Allegany County and surrounding areas continue to voice their frustrations over FedEx delivery issues, with packages reportedly left in snowbanks or ditches.

FedEx remains the largest employer in Memphis, with over 32,000 employees, according to MBJ research. In December, FedEx announced plans to spin off its less-than-truckload segment FedEx Freight into a separate publicly traded company within the next 18 months.

FedEx stock is trading lower on Thursday in sympathy with United Postal Service, which fell after it reported 2024 fiscal-year fourth-quarter earnings.

Residents in Allegany County and surrounding areas continue to voice their frustrations over FedEx delivery issues, with packages reportedly left in snow banks or ditches.

Residents in several areas of Holmes County say they have not received deliveries from FedEx in more than a week, leaving some without essential items such as medication and heating supplies.

John Smith, FedEx chief operating officer of U.S. and Canada surface operations, is set to lead FedEx Freight in the interim until a new CEO is named, according to a news release. The company did not issue a timeline on when a new CEO is expected to be named, but did note the FedEx Freight separation remains on track to be completed in 18 months .

MILAN (Reuters) -Italian tax police have seized 46.6 million euros ($48.4 million) from FedEx's local unit, FedEx Express Italy srl, following an investigation into alleged tax fraud linked to illicit labour supply,

The stock's fall snapped a two-day winning streak.

Throughout its history, FedEx has been an integral part of the small- and medium-sized business (SAM) sector. The extensive FedEx network is both a vital part of the global small business supply chain and a key distribution network for those companies.

Residents in Allegany County are expressing frustration over ongoing delivery issues with FedEx. Complaints range from packages ‘delivered’ miles away from their destination to significant delays.

UPS CEO Carol Tome said on a call with investors that Amazon is UPS’ largest customer, but it is not the company’s most profitable customer.

Sounds straightforward enough. But many pushed back, and a growing chorus is now urging young men to avoid “low-status” jobs, saying they are “demeaning” and professional dead ends. The conversation struck a chord because so many men are struggling right now.