Do we like FedEx?
Global parcel and freight delivery company with air and ground networks, based in Memphis, Tennessee, USA.
Our score: 5 out of 10. A big, useful delivery network with a steady run of wage settlements and a slow-moving green plan. We'd call it mixed: fine to hold, not one to cheer for.
FedEx is the Memphis-based delivery giant. Raj Subramaniam became CEO in 2022, and founder Frederick W. Smith moved to executive chairman. In June 2026 it spun off its trucking arm, FedEx Freight, as a separate NYSE-listed company.
Shareholders got one Freight share for every two FedEx shares. FedEx kept 19.9% and says it will dispose of that within 24 months. Its CFO, John Dietrich, left once the split was done.
The workers' side is less rosy. Law360 reported an $8.5M deal over unpaid screening time at New Jersey warehouses and a $9.5M deal for Connecticut workers. FedEx also agreed to pay $280K to end an EEOC remote-work bias suit.
On the green side, FedEx says it is aiming for a zero-tailpipe-emission pickup and delivery fleet by 2040 and has put thousands of electric vehicles to work. It also reported a 6.1% cut in direct emissions in FY2024. Its own aircraft and vehicles still make up most of its footprint.
We'd call it a 5. It's a useful service with real green efforts, but repeated wage-and-hour cases keep it from scoring higher.