FedEx announces $2 billion in cost-cutting measures, rate increases
FedEx hopes to generate a total cost savings of $2.2 billion to $2.7 billion in 2023. (Mark Weber/Daily Memphian file)
In 2023, FedEx hopes to generate total cost savings of $2.2 to 2.7 billion, and the Memphis-based company plans increase some of its rates.
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FedEx Corp. Mike Lenz FedEx Express FedEx Ground Raj SubramaniamRob Moore
Rob Moore covers North Mississippi for The Daily Memphian. He holds a B.A. and an M.A. in English from The University of Memphis.
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