FedEx will end its business arrangement with the Bengaluru-based IT firm by the end of the year after a ten-month transition.

Mphasis responds to a report claiming it is set to lose FedEx as a client, stating it continues to be a service provider ...

During the March quarter earnings call, Mphasis had said there were no project cancellations, and it was confident of ...

FedEx confirmed 305 (or about 52%) of the approximately 580 employees who work at the FedEx Supply Chain Logistics and ...

FedEx (NYSE ... the European business is another matter, as margins are already negative. “We believe the intra-Europe market continues to operate at meaningful losses, and roughly estimate ...

FedEx has experienced the largest market cap loss ($9.2 billion) of any Memphis public company since the tariffs were announced last week. Here's what the company is saying. FedEx is laying off ...

FedEx and the United States Postal Service, its largest customer, ended their air cargo contract in September. UPS picked up that business, but in January said it was accelerating a plan to slash ...

They also say FedEx Freight assets were not fully appreciated within FedEx and that spinning the trucking business off as a ... FedEx again warned that the loss of USPS, its largest customer ...