How FedEx is cutting costs by more than $3 billion
A cargo aircraft departed the FedEx Express world hub on June 26, 2022. The company is cutting costs by more than $3 billion. (Courtesy FedEx)
FedEx confirmed during the company’s December 2022 earnings release that it will try to cut costs by more than $3 billion throughout the fiscal year.
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FedEx Corp. Raj Subramaniam Mike Lenz FedEx Ground Satish Jindel Subscriber OnlyThank you for supporting local journalism.
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Rob Moore
Rob Moore is an Arkansas native who moved to Memphis to attend the University of Memphis. He holds a B.A. and an M.A. in English. He covers Public Companies, Transportation and Logistics, and Banking and Finance.
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