FedEx is facing backlash after a report by Dallas Express revealed the company was awarded a $2.2 billion federal contract in 2022 and has since hired hundreds of foreign workers on H-1B visas.

Among one the most raging issues being discussed in the US and across the globe right now, is the future of the H-1B visa and the workers who have arr.

The logistics company said that results from its Federal Express business improved in the quarter ended Nov. 30, thanks to higher yields in domestic and international priority packages, cost savings from its ongoing transformation and an increase in domestic package volume.

FedEx Corp. raised the low end of its full-year profit and sales outlook, signaling the company’s efforts to slash costs and streamline its delivery networks are bearing fruit as demand improves.

FEDEX reported a $126 billion direct and indirect contribution to the global economy in fiscal year (FY) 2025, including approximately $5.7 billion in the Asia-Pacific region, according to its Global Economic Impact Report released this week.

With Christmas just a week away, some Richmond-area residents are experiencing significant delivery delays with their FedEx packages, leaving many frustrated as the holiday approaches.

Parcel delivery company FedEx said it was planning for $175 million in unexpected peak-season costs to find trucks and planes to move goods that would have flown on its fleet of MD-11 cargo planes that were grounded after a deadly UPS crash last month.

The case dates back to 2023, when Jean-Claude Franchitti, then an assistant vice president at Cognizant, filed a complaint on behalf of the U.S. government. Franchitti alleged that the IT services major intentionally misused visa categories to bring employees into the United States at a lower cost than required under the H-1B program.