ET 09:36

FedEx Announces Major Sort-Center Relocation in 2026

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FedEx (FDX) plans a significant relocation of a major U.S. sort center, effective July 01, 2026, to consolidate operations and enhance logistics efficiency. The move is expected to reduce processing times by 10% and lower operational costs by an estimated $15 million annually. The company provided no employment impact details but noted the transition will be managed to minimize disruption to current operations.

EditorTan Wei Jie