Por: MarketWatch Business December 20, 2022
Domestic and international express daily package volumes dropped roughly 12% year over year. (FedEx handles about 6 million express packages a day.) Volumes in the company’s ground business—which takes longer to deliver—fell about 9% year over year. The declines show the economy is slowing down. For FedEx, the company generated adjusted fiscal second-quarter earnings per of $3.18 from $22.8 billion in sales. Volume weakness was partially... + full article
MarketWatch USA Business December 21, 2022
Still, shares rallied after hours, as investors and analysts focused on the parcel-delivery service’s profit forecast. And the company still managed to squeeze more consumer dollars out of each delivery as package volumes slipped — helped by the surcharges that carriers tack... + más
FedEx says it can handle holiday shipping rush | Fox Business
FedEx's bleak warning could reflect global economy − and company's own shortcomings | CNBC
CNBC USA Life December 21, 2022
In this articlewatch nowVIDEO1:0701:07FedEx beats on earnings, short on revenue said Tuesday it would cut $1 billion more in costs after weak demand ate into its quarterly profit.The company in September announced cost-cutting measures that included parking planes and closing... + más
Does mail run on Christmas Eve? USPS, FedEx openings and deliveries | Newsweek
MarketWatch USA Business December 20, 2022
Domestic and international express daily package volumes dropped roughly 12% year over year. (FedEx handles about 6 million express packages a day.) Volumes in the company’s ground business—which takes longer to deliver—fell about 9% year over year. The declines show the... + más
FedEx Earnings Drop Highlights a Slowing Economy | MarketWatch
Fox Business USA Business December 12, 2022
With more employees and new machines installed at facilities nationwide, the U.S. Postal Service says it's confident it will see more on-time deliveries this holiday season. Deadlines for shipping gifts to is fast approaching. The United States Postal Service (USPS),... + más
Want Christmas presents to arrive on time? Take note of shipping deadlines | Portland Press Herald
Shipping packages could be very expensive this holiday season | WPTV
Fox Business USA Business December 06, 2022
FOX Business’ Madison Alworth reports on how the FedEx warning impacts delivery companies ahead of holiday shopping. In the wake of the kidnapping and murder of 7-year-old Athena Strand in Texas, allegedly at the hands of a contract FedEx delivery driver, scrutiny is mounting... + más
Fox Business USA Business October 21, 2022
Ahead of the holiday rush, the search for seasonal workers could see some employers competing for talent. FedEx is assuring customers that its shipping network and team of more than 700,000 employees are ready to handle the upcoming . We’re all in for the holidays, Brie Carere... + más
CNBC USA Business September 22, 2022
In this articleA FedEx worker makes a delivery on September 16, 2022 in Miami Beach, Florida.Joe Raedle Getty Images warned of weakening global shipping demand in a preliminary earnings report last week, leaving the market scrambling to determine whether the problems reflect... + más
FedEx hikes package rates, details cost cutting as demand weakens globally | CNBC
FedEx hikes package rates for 2023 | CNN
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