FedEx Express revenue and adjusted operating income dropped by 6% and 49% in Q2 FY24. The decline was caused by USPS's shift from air to ground services and weakness in industrial production. The ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Typically, Ground packages have ...
FedEx Ground operations and personnel in Canada will soon transition to FedEx Express, the Memphis-based logistics giant announced Tuesday. The change will take place in phases beginning in April 2024 ...
FedEx’s FDX top line fell 3% year over year in its fiscal second quarter, driven by ongoing declines in package volume and yield at Express, as well as a soft demand backdrop for Freight’s ...
FedEx’s FDX fiscal first-quarter (ended August) revenue fell 7% year over year on persistent volume declines and falling yields at Express, along with normalizing less-than-truckload, or LTL, tonnage ...
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