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.


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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