Consultant Insight: FedEx works to right-size Express network

FedEx expands cross-border ops with CAN expansion

Photo/FedEx

One week after FedEx issued a surprising pre-release for its fiscal Q1 2023, the company on Thursday officially issued its financial details for the period ending Aug. 31. Total company revenue increased 4.5% quarter over quarter to $23 billion, but total operating income declined 15% QoQ to $1.19 billion on an as-reported basis, and was […]

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