FedEx sees first signs for H2 turnaround -report

Discussion in 'The Latest FedEx Headlines' started by cheryl, Jul 5, 2009.

  1. cheryl

    cheryl I started this. Staff Member

    FedEx sees first signs for H2 turnaround -report - Reuters

    Package delivery giant and U.S. economic bellwether FedEx Corp (FDX.N) is seeing signs for a potential turnaround in the second half as production seemed to be picking up again, German magazine WirtschaftsWoche reported.

    Michael Ducker, in charge of FedEx' international business, told WirtschaftsWoche in an interview to be published on Monday that the downturn was easing and its internationally transported volumes had not fallen further compared with the previous quarter.