FedEx surprised investors with a big quarterly profit beat on Wednesday after it cut costs and poached customers from rivals UPS and Yellow ahead of the vital holiday shipping season.
September 21, 2023 - 15:42
By Pharos Investment Advisors Comments are Off
FedEx surprised investors with a big quarterly profit beat on Wednesday after it cut costs and poached customers from rivals UPS and Yellow ahead of the vital holiday shipping season.
June 21, 2023 - 13:37
By Pharos Investment Advisors Comments are Off
FedEx, which is slashing costs to protect profits as demand wanes, said on Tuesday that ongoing “demand challenges” prompted its plans to ground 29 more aircraft in the fiscal year that started on June 1.
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