FedEx announces planned consolidation of operating companies

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PRESS RELEASE 

New operating structure will create even greater flexibility, efficiency, and intelligence to unlock value for customers, team members, and stockholders

Company hosts DRIVE Investor Event to provide further detail on progress toward $4 billion in benefits from transformation

Announces 10% dividend increase

April 05, 2023 06:25 AM

MEMPHIS, Tenn., April 5, 2023 — FedEx Corp. (NYSE: FDX) is announcing today at its DRIVE Investor Event that it will consolidate its operating ...