FedEx Shipments Fall for Fourth Straight Quarter, Looks to Deeper Cost Cuts

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  • 08 Nov '22 at 2:02 pm #47297
    TradersCom
    Keymaster

    FedEx warns again
    CFO at Baird 52nd Annual Global Industrial Conference and Morgan Stanley Industrial Conference.

    We’re cutting back on vendor headcount
    We’ve deferred number of projects
    We don’t have full year earnings outlook for 2023
    We’re focused on right-sizing the air network

    20 Dec '22 at 3:38 pm #44297
    ThePitBoss
    Participant

    Delivery giant FedEx has had a somewhat traumatic year earnings wise with multiple warnings as inflation, rising rates and the supply crunch have all
    [See the full post at: FedEx Shipments Fall for Fourth Straight Quarter, Looks to Deeper Cost Cuts]

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