FedEx earnings not great but better than Q2, a sign cuts are working
For the current year, the company expects a revenue decline in a low, single-digit figure. (Courtesy FedEx)
FedEx had another rocky quarter in an economy that continues to force downward pressure on its network. This time, the company showed gains against stubborn headwinds by the stint of its own cost-cutting.
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FedEx Q3 results Raj Subramaniam John Dietrich Brie CarereJane Roberts
Jane Roberts has reported in Memphis for more than 20 years. As a senior member of The Daily Memphian staff, she was assigned to the medical beat during the COVID-19 pandemic. She also has done in-depth work on other medical issues facing our community, including shortages of specialists in local hospitals. She covered K-12 education here for years and later the region’s transportation sector, including Memphis International Airport and FedEx Corp.
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