FedEx Says Soft Demand To Continue Into 2010 >FDX

Discussion in 'The Latest FedEx Headlines' started by cheryl, Jul 16, 2009.

  1. cheryl

    cheryl I started this. Staff Member

    FedEx Says Soft Demand To Continue Into 2010 >FDX - Wall Street Journal

    FedEx Corp. (FDX) said Wednesday that it's bracing for soft demand for shipping services to continue into 2010, warning that it may be forced to take more cost-cutting actions if the economy deteriorates next year.

    "Shipping volumes are expected to remain relatively flat as the global recession persists, particularly in the first half of 2010," the company said in an outlook contained in its annual report filed Wednesday.