Home / FedEx / Winter storms hurt FedEx during holiday quarter

Winter storms hurt FedEx during holiday quarter

FedEx Corp on Wednesday reported lower-than-expected results for the holiday quarter and gave a fiscal-year profit forecast below Wall Street estimates, the latest in a line of companies saying they were hurt by winter storms. The world's No. 2 package delivery company said the unusual weather had disrupted operations, reduced shipping volumes and increased costs, decreasing operating income by …

More: continued here

About admin

Check Also

Amazon.com will stop shipping to Australia from July 1 | afr.com – The Australian Financial Review

The Australian Financial Review Amazon.com will stop shipping to Australia from July 1 | afr.comThe …

Leave a Reply

Your email address will not be published. Required fields are marked *