FedEx (FDX) Just Shocked Wall Street | $200M Saved, 17% Profit Surge, & Amazon Deal Incoming 🚀

FedEx (NYSE: FDX) just dropped a powerful Q1 FY2026 earnings report that defied global trade headwinds and sent a strong message to investors. With a 17% jump in adjusted operating income at FedEx Express, $200 million in transformation savings, and new business from Amazon and Best Buy, this quarter was anything but ordinary.

CEO Raj Subramaniam announced strategic wins in high-margin B2B, international freight, and a pivot from China to Southeast Asia amid changing trade policies. FedEx’s advanced AI capabilities, international freight momentum, and the game-changing spin-off of FedEx Freight set the stage for major upside.

Here’s everything you need to know — including key metrics, bold CEO quotes, freight market pressure, and how FedEx plans to unlock $1B in transformation-related savings this year alone.

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Company Profile
FedEx Corporation, together with its subsidiaries, provides transportation, e-commerce, and business services in the United States and internationally. It operates through Federal Express and FedEx Freight segments. The company offers transportation services, including express, freight, less-than-truckload freight, and time-specific freight-shipping; and small-package ground delivery services. It also provides e-commerce and digital solutions; dataworks; printing and shipping management, including digital printing, professional finishing, document creation, design solutions, direct mail, signs and graphics, custom-branded boxes, copying, computer rental, free Wi-Fi, corporate print solutions, shredding, expedited U.S. passport processing and renewal, and digital notarization; packing services, as well as packing supplies and boxes; document and business services; and retail access for package transportation. In addition, the company offers logistics services, air and ocean freight-forwarding and cargo transportation, specialty transportation, customs brokerage and clearance, trade management tools and data, and door-to-door solutions; and third party logistics and supply chain management solutions, such as inbound logistics, warehousing and distribution, fulfillment, contract packaging and product configuration, systems integration, returns process and disposition, test, repair, refurbishment, and product liquidation. Further, it provides sales, marketing, administrative, information technology, and back-office support services. FedEx Corporation was founded in 1971 and is headquartered in Memphis, Tennessee.