FedEx cutting costs, withdraws 2023 guidance after first-quarter shipments disappoint - CNBC

FedEx cutting costs, withdraws 2023 guidance after first-quarter shipments disappoint - CNBC
FedEx withdrew its full-year guidance and announced significant cost-cutting measures following what it called softness in global volume of shipments.
FedEx on Thursday withdrew its full-year guidance and announced significant cost-cutting measures following what it called softness in global volume of shipments. "Global volumes declined as macroec… [+1953 chars] Read More



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