On July 21, FedEx rose 3.14% in regular trading, trading at approximately $315.48 per share, with turnover of $93.75 million.

On the news front, FedEx disclosed in a regulatory filing that it expects its MD-11 fleet to be completely returned to service by the end of this year. Last November, all Boeing-manufactured MD-11 aircraft were grounded following a fatal crash in Louisville that killed 14 people. The grounding caused operational disruptions throughout fiscal 2026 and had an adverse impact on the company's financial results. The FAA lifted the grounding order in May, after which FedEx began gradually resuming use of the fleet.

The full restoration of the MD-11 fleet is expected to eliminate capacity bottlenecks and cost pressures that weighed on operations, supporting earnings recovery in the second half. Separately, the company recently initiated debt tender offers of up to $4.15 billion funded by proceeds from its June 1 freight business spinoff, and agreed to sell its logistics unit to CMA CGM for $1.4 billion, reflecting ongoing portfolio optimization efforts.

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