The shipping carrier is calling out a growing trend that speaks volumes about the current state of the industrial economy.

FedEx Corp shares slumped on Friday after the parcel giant cut its annual revenue forecast and reported a sharp fall in profits, owing to weak demand for high-margin speedy delivery services.

FedEx stock is plunging Friday after the logistics giant came up short of earnings expectations and revised its full-year ...

FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...

Shipping giants FedEx Corp (NYSE:FDX) and United Parcel Service, Inc.(NYSE:UPS) shares are trading lower Friday after FedEx ...

Wall Street is quieter, and U.S. stocks are drifting after they leaped to records the day before during a worldwide rally.