Consultant Insight: Opportunities outweigh current costs at FedEx Express

FedEx to cut up to 6,300 jobs in Europe on TNT integration

Photo/FedEx

Labor issues impacted profitability for FedEx’s Express division, weighing on the company’s recent earnings announcement. However, optimism for international growth is high. For FedEx’s fiscal first quarter ending Aug. 31, operating income fell 20.1% to $567 million from $710 million for the same period last year. Still, the recent quarter’s operating income was much better […]

 

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