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Stock analysts expect big changes at Express, including but not limited to:
*changes in air feet size and composition
*reducing headcount via attrition and voluntary severance (read: buyouts)
The goal is to boost Express profit margins up to 10% from just over 5%. The big mystery is the "rationalization of the Express network" that the analyst refers to. Hmmm. Pulling out of any areas, perhaps?
If they can achieve and maintain 10% margins in this economic climate, they will be rolling in the money when the economy eventually recovers.
The full story: Analysts: Expect FedEx Express to restructure its business by this fall The Commercial Appeal
*changes in air feet size and composition
*reducing headcount via attrition and voluntary severance (read: buyouts)
The goal is to boost Express profit margins up to 10% from just over 5%. The big mystery is the "rationalization of the Express network" that the analyst refers to. Hmmm. Pulling out of any areas, perhaps?
If they can achieve and maintain 10% margins in this economic climate, they will be rolling in the money when the economy eventually recovers.
The full story: Analysts: Expect FedEx Express to restructure its business by this fall The Commercial Appeal