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FedEx Corp. said its net income fell to negative territory in the fiscal fourth quarter, blunted by costs at its divisions as well as reorganization after a buyout.

FedEx Corp. has fired a new weapon in the simmering U.S.-China trade war, suing the Trump administration to block enforcement of trade restrictions that had placed the company in Beijing’s crosshairs.

FedEx Corp.’s pains are far from over. Expectations from its upcoming fiscal fourth-quarter results already have hit rock bottom, and now analysts say its entanglement in the prolonged U.S.-China trade war may dampen the outlook for the next year as well.

Amazon, the e-retail giant, has built up its logistics infrastructure over the years. This expansion includes a new warehouse just outside Omaha, Neb., as part of an effort to control more deliveries on its own rather than relying on FedEx Corp., UPS Inc. or the U.S. Postal Service.

FedEx Corp. said June 7 it wouldn’t renew its U.S. air-delivery contract with Amazon.com, paring a key customer relationship as the largest online retailer deepens its foray into freight transportation.

The petite states of Vermont and New Hampshire successfully hosted 56 drivers at the combined State Truck Driving Championships in Pembroke, N.H., June 1. Vermont had 18 competitors and New Hampshire had 38.

FedEx Corp. shares dropped as investors assessed the impact of a Chinese probe that puts the delivery company in the middle of an escalating trade conflict with the U.S.

FedEx Corp. announced the FedEx Ground unit will offer deliveries seven days a week for the majority of the U.S. population beginning in January to further serve the fast-growing e-commerce market.

FedEx Corp.’s reported practice of rerouting Huawei parcels to the United States without the Chinese company’s authorization demonstrates that the U.S. government is leaving no stone unturned to disrupt normal business activities, analysts said May 28.

The veterans took center stage at Mississippi’s Truck Driving Championships on April 26-27. Reigning Grand Champion Scott Osborne of FedEx Freight repeated his victory this year, scoring 300 points in the Flatbed division.