FEDEX (FDX) Company Report

On Feb. 9, 2026, FedEx and a consortium agreed to a recommended all-cash offer of €15.60 per share (cum dividend) for all issued InPost shares.
Post-completion ownership will be FedEx 37%, Advent 37%, A&R Investments 16% and PPF Group 10%, valuing FedEx’s stake at approximately $2.6 billion.
FedEx plans to fund its $2.6 billion investment from available cash or existing/new liquidity sources.
The offer is conditional upon customary closing conditions, including regulatory approvals.

1 day ago

8-K

FedEx joins consortium in recommended all-cash offer for InPost

FDX

M&A

Takeover Bid

Consortium of Advent, FedEx, A&R and PPF proposes recommended all-cash offer at EUR 15.60 per share, valuing InPost at EUR 7.8 billion (50% premium to undisturbed share price as of 2 January 2026).
Post-transaction ownership will be: Advent 37%, FedEx 37%, A&R 16% and PPF 10%.
The offer is unanimously recommended by InPost’s Board and backed by shareholders representing 48% of shares.
Transaction is expected to complete in H2 2026, with InPost retaining its brand, head office in Poland and current management structure.

2 days ago

Press Release

FedEx launches Retail Momentum Index with Dun & Bradstreet

FDX

Product Launch

FedEx Dataworks and Dun & Bradstreet have launched the Retail Momentum Index, combining shipping data and business signals as a near–real–time leading indicator of U.S. retail activity.
The Index integrates FedEx’s surface and air shipping data with Dun & Bradstreet’s maritime volumes, container delays, and business entity insights to detect inflection points ahead of government reports.
Q4 2025 data show year-over-year retail momentum contraction improved to -10.3%, compared to -21.0% in Q4 2024.
Returns volumes declined 38.4% from 2023–24 and 54.5% from 2024–25, indicating stronger demand quality.
Retail activity is projected to remain broadly stable through H1 2026, with credit health improving after three Federal Reserve rate cuts in 2025.

5 days ago

Press Release

FedEx shares rise after multiple analyst upgrades

FDX

Wells Fargo upgraded FedEx to Overweight and raised its price target to $380, a 28.8% increase over its prior target.
Baird raised its FedEx target to $427 and projects an Express margin expansion of ~200 bps, implying potential earnings power of $21–$27 per share.
FedEx’s market cap is $82.41 billion, fiscal 2025 revenue was $90.09 billion, operating margin 10.77%, and net margin 4.81%; the Federal Express segment represents 86% of total revenue.
Other recent analyst actions include Rothschild & Co’s downgrade to Neutral with a $317 target, Bernstein’s Market Perform at $306, and BofA’s Neutral at $315.

8 days ago

Barron's

FedEx offers AI-powered post-purchase tracking and returns

FDX

Product Launch

FedEx launches FedEx Tracking+ and FedEx Returns+, AI-powered, white-labeled tools embedded in shippers’ own digital channels to streamline post-purchase experiences.
Key capabilities include automated responses to delivery and return inquiries, performance insights, pattern and anomaly detection, and automated policy adjustments based on merchant-defined rules.
parcelLab reports 42% fewer “Where is My Order” inquiries, 85% higher customer retention, and 42% more repeat purchases for tracking users; returns users see 3× repeat purchases, 60% higher average order value, and 17% fewer “Where is My Return” inquiries.

Feb 2, 2026, 3:00 PM

Press Release

FedEx announces operational transformation plan in France

FDX

New Projects/Investments

Layoffs

FedEx in France proposed a transformation programme including a confirmed investment of up to €78 million in new infrastructure and technology to modernise and simplify domestic operations.
The ground network redesign will scale down the station footprint from 103 to 86, and may reduce up to 500 operational positions, affecting schedules or locations for up to 800 team members.
The plan could create over 770 new full-time and part-time operations roles as a result of network redesign and technological enhancements, prioritising affected employees for these positions.
FedEx will roll out an innovative digital platform, proven in the U.S., to digitise and unify systems, modernise scanning processes, and enhance route optimisation for improved service levels.

Jan 29, 2026, 9:15 PM

8-K

FedEx prices $3.7B senior notes for Freight spin-off

FDX

Debt Issuance

FedEx Freight Holding Company priced $3.7 billion of senior unsecured notes in four tranches (4.300% due 2029, 4.650% due 2031, 4.950% due 2033, 5.250% due 2036) to finance the planned spin-off of its LTL freight business.
The Spin-Off, expected on June 1, 2026, will separate FedEx’s less-than-truckload services into a new public company; net proceeds will be held in a segregated account until closing.
The notes are initially guaranteed by FedEx and Freight Inc.; upon consummation, FedEx’s guarantee will be released and FedEx Custom Critical, Inc. will also guarantee the debt.
If the Spin-Off is not completed by February 5, 2027, the notes will be redeemed at 101% of principal plus accrued interest.

Jan 27, 2026, 9:59 PM

Press Release

FedEx launches senior notes offering for FedEx Freight spin-off

FDX

Debt Issuance

FedEx Freight Holding Company commenced a private offering of senior notes to finance its planned spin-off from FedEx Corp.
The spin-off will result in the Issuer operating FedEx’s less-than-truckload (LTL) freight business as a standalone entity.
Proceeds from the offering are earmarked to fund the financing structure of the separation transaction.

Jan 23, 2026, 3:31 PM

Press Release

FedEx launches senior notes offering for planned Freight spin-off

FDX

Debt Issuance

FedEx Freight Holding Company, Inc. commenced a private offering of senior notes to finance the planned spin-off of its less-than-truckload freight services business, expected to complete on June 1, 2026.
The Issuer will distribute the net proceeds from the notes offering to FedEx as consideration for the contribution of assets in connection with the spin-off.
The senior notes are unregistered in the US and are being offered to qualified institutional buyers under Rule 144A and, outside the US, to non-US persons under Regulation S.
The spin-off will separate FedEx’s LTL segment—which includes FedEx Freight Direct, LTL Select, and FedEx Custom Critical—into a standalone public company.

Jan 23, 2026, 3:31 PM

Press Release

FedEx plans Freight spin-off

FDX

FedEx has filed a Form 10 with the SEC to spin off FedEx Freight into an independent, publicly traded company expected to list on the NYSE under ticker FDXF around June 1, 2026.
FedEx Freight reported $8.9 billion in fiscal 2025 revenue and a 15.8% operating margin.
The unit is portrayed as North America’s largest LTL carrier by revenue with approximately 26,000 doors, 355 service terminals and 39,000 employees.
A 10-member board will oversee the standalone company, chaired by R. Brad Martin with John Smith as incoming president and CEO; FedEx may retain up to 19.9% of shares to preserve tax benefits.
Network rightsizing has included closing 37 terminals and concentrating capacity—by door count—in high-density markets, covering about 65% of industry volume.