FedEx

FedEx Corp , the world's second-largest package delivery company, plans to cut costs at its Fedex Express business to boost profitability amid slow growth in major economies, its chief executive said on … More: continued here

Company chairman Frederick W. Smith outlined the goals at the Memphis company's 2012 Investors and Lenders Meeting. More: continued here

MEMPHIS, Tenn.–(BUSINESS WIRE)–FedEx Corp. (NYSE: FDX) today announced programs targeting annual profitability improvement of $1.7 billion during the next three years, with a significant portion of the benefits achieved by fiscal 2015. These profit improvement initiatives do not include ongoing base profit improvements at FedEx Ground and FedEx Freight. FedEx …

Fedex Targets Profit Improvements; To Cost Cuts In Fedex Services, Fedex Express More: continued here

FedEx Targeting Big Cost Cuts In $1.7 Billion 'Profitability Improvement' Plan More: continued here

While the company will fill in details on Wednesday, Smith singled out "fantastic productivity improvements" enabled by cloud computing technology as paving the way for reduced staffing. More: continued here

FedEx Corp. (FDX) will take steps to cut costs and boost profit by $1.7 billion over the next three years to reposition the company as customers shift to slower, cheaper deliveries from costlier overnight shipments. More: continued here

FedEx Targets Big Cost Cuts With $1.7 Billion Plan More: continued here

FedEx and UPS Enable Laziness and Profit From It More: continued here

The shares of FedEx Corporation (NYSE:FDX – 86.57) have spent most of 2012 on a journey of lower highs and lows…( Read More ) More: continued here