What’s on the road ahead for newly independent FedEx Freight
Analysts say FedEx Freight, worth $30 billion, should be traded against its peers, not locked up inside.
There are 3 article(s) tagged Cathy Roberson:
Analysts say FedEx Freight, worth $30 billion, should be traded against its peers, not locked up inside.
After Memphis-based FedEx shocked investors and said global trends had weakened profit and revenue, the company’s primary competitor still managed to beat financial analysts’ expectations. But how?
News from FedEx has left some wondering what the company’s cost-cutting measures could mean in Memphis. FedEx, the city’s largest employer, has around 30,000 employees here. Related story: FedEx closing offices, deferring hiring, reducing flights after weak quarter
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