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FedEx combines air, ground, other operations to slash costs

Por: Associated Press Business April 05, 2023

NEW YORK (AP) — 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 rolled into a single entity by June 2024 in a companywide reorganization. FedEx Freight, the company’s freight transportation services division, will continue as a... + full article



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