FedEx Warns on Profits

Discussion in 'The Latest FedEx Headlines' started by cheryl, Sep 20, 2007.

  1. cheryl

    cheryl I started this. Staff Member

    FedEx Warns on Profits - The Street

    FedEx said earnings rose for the just-completed quarter, but the package carrier reduced its forecasts for the current quarter and the full year because of the lack of economic clarity.
     
  2. Dand_E_Don

    Dand_E_Don New Member

    Hmm, they're now "reviewing the *timing*" of capital outlays; margins are down; they're also trying to get their "independent contractors" to become multi-vehicle owners - which tells me the labor issue isn't going away any time soon. The sky over FDX is certainly getting some gray clouds in it.