FedEx Warns on Profits


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.


Active 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.