Billions of dollars in cuts seemingly help FedEx get back on track

By , Daily Memphian Updated: March 20, 2023 10:21 PM CT | Published: March 20, 2023 5:18 PM CT

FedEx stock was up more than 10% following an earnings release last week, with numbers high enough that the company increased its forecast for the full fiscal year.

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FedEx Corp. Raj Subramaniam FedEx Ground FedEx Freight FedEx Express Subscriber Only

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Rob Moore

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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