FedEx Warns on Profits

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.
 

Dand_E_Don

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.
 
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