Dec 18 (Reuters) - Parcel delivery company FedEx said it was planning for $175 million in unexpected peak-season costs to find trucks and planes to move goods that would have flown on its fleet of ...
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FedEx: B2B Mix Shift, Structural Cost Cuts, Easing Macro, And EPS Growth Support Attractive Upside
FedEx (FDX) earns a Buy rating, driven by a strategic shift toward premium B2B verticals and robust cost reduction programs.
US cargo carrier Fedex Express has been forced into making massive operational changes since the crash of UPS Airlines Flight 2976 in early November, which precipitated the indefinite grounding of the ...
A Fedex cargo airplane last year. (johan ordonez/AFP/Getty Images) FedEx said it incurred $25 million in additional costs in November after last month’s UPS cargo plane crash led to the grounding of ...
MEMPHIS, Tenn. — FedEx said they are grounding their fleet of McDonnell Douglas MD-11 planes “out of an abundance of caution” following a deadly crash at the UPS global aviation hub in Kentucky. It a ...
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