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 ...