Nation
World
Politics
Sports
Business
Entertainment
Life
Tech
Science
Opinion
Crime
Health
Oddities

FedEx hikes 2023 earnings forecast as cost-cutting initiatives bear fruit

Por: CNBC Business March 16, 2023

thumbnail

In this articleIn this photo FedEx logo is seen in Washington D.C., United States on February 16, 2023.Celal Gunes Anadolu Agency Getty Images on Thursday hiked its full-year earnings forecast as it said cost-cutting measures offset continued demand weakness at units including FedEx Express.FedEx now expects adjusted earnings per share for fiscal year 2023 of between $14.60 and $15.20, up from a prior forecast of between $13.00 and $14.00. Wall... + full article



Similar News

FedEx uses FedEx Panda Express plane to bring National Zoo pandas back to China

Fox Business USA Business November 09, 2023

thumbnailCheck out what's clicking on FoxBusiness.com with transporting three pandas — Tian Tian, Mei Xiang and Xiao Qi Ji — back to China.  The delivery company is transporting the bears on a FedEx Panda Express plane that will land in the Chinese city of Chengdu Thursday... + más

America's last panda zoo sends China an earnest message | Newsweek

The National Zoo in Washington D.C. is returning its beloved pandas to China. Here's when and why. | CBS News


FedEx combines air, ground and other operations to slash $4B in costs

Orlando Sentinel USA Nation April 05, 2023

thumbnailNEW YORK — FedEx will combine almost all of its ground, air and other operations by next year as part of a $4 billion cost cutting plan. The package delivery company said Wednesday that FedEx Express, FedEx Ground, FedEx Services and other FedEx operating companies will be... + más

NFL Playoff Scenarios | ABC News

FedEx says it can handle holiday shipping rush | Fox Business


FedEx cutting 10% of senior jobs as delivery giant faces slowing demand

New York Post USA Business February 02, 2023

thumbnailFedEx on Wednesday said it would cut its officer and director ranks by more than 10% as part of a broad cost-reduction effort that has reduced staffing at the delivery giant by 12,000 workers since June, a spokeswoman said. Shares in FedEx rose 3.4% to $200.52 as... + más

FedEx says it can handle holiday shipping rush | Fox Business

Does mail run on Christmas Eve? USPS, FedEx openings and deliveries | Newsweek


Does mail run on Christmas Eve? USPS, FedEx openings and deliveries

Newsweek USA Nation December 23, 2022

thumbnailChristmas is always the busiest time of year for postal services in the U.S., as everyone scrambles to get their presents posted to their loved ones before the annual celebration.Christmas Day and Boxing Day are federal holidays, so will postal services be impacted on Christmas... + más

Christmas shipping deadlines: Dates to send your packages for on-time arrival | Fox Business

Stefanik campaign mail stolen while in USPS custody, $20,000 in donor checks allegedly lost | Fox News


FedEx Earnings Drop Highlights a Slowing Economy

MarketWatch USA Business December 20, 2022

thumbnailDomestic 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 says it can handle holiday shipping rush | Fox Business

FedEx Earnings Drop Highlights a Slowing Economy | MarketWatch


FedEx says it can handle holiday shipping rush

Fox Business USA Business October 21, 2022

thumbnailAhead 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

FedEx's bleak warning could reflect global economy − and company's own shortcomings | CNBC

Shipping packages could be very expensive this holiday season | WPTV


FedEx's bleak warning could reflect global economy − and company's own shortcomings

CNBC USA Business September 22, 2022

thumbnailIn 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



About iurex | Privacy Policy | Disclaimer |