FedEx begins reducing flight frequencies following poor quarter
FedEx will focus first on parking its older planes, an action that will also defer costly maintenance events, company executives anticipate.
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FedEx will focus first on parking its older planes, an action that will also defer costly maintenance events, company executives anticipate.
The news follows a particularly poor earnings quarter from the Memphis-based company, which announced several cost-cutting measures in September. FedEx volunteers bundle 20,000 care packages for members of armed forcesRelated story:
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