FedEx Corp shares slumped on Friday after the parcel giant cut its annual revenue forecast and reported a sharp fall in profits, owing to weak demand for high-margin speedy delivery services.
FedEx stock is plunging Friday after the logistics giant came up short of earnings expectations and revised its full-year ...
By Shivansh Tiwary (Reuters) -Shares of FedEx slumped 13% on Friday after the parcel giant's dismal first-quarter results, in ...
What happens to all the items that are damaged in shipping and returned to FedEx? A lot of them end up at nonprofits like ...