FedEx

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FedEx Corp. indicated yesterday that the global economic recovery remains uneven. While strength in international shipments is boosting net income, FedEx is cutting 1,700 jobs in its US freight business to offset losses there. Business – FedEx – Net income – United States – Transportation and Logistics More: continued here

FedEx Corp.’s shipments in the U.S. reinforce projections that it will take time for the economy to return to pre-recession levels of output. More: continued here

FedEx Corporation is combining its FedEx Freight and FedEx National LTL operations resulting in a loss of 1,700 jobs and the closing of 100 facilities. More: continued here

FedEx to Cut 1,700 Jobs in its U.S. Freight Business More: continued here

FedEx’s profit doubled in the fiscal first quarter but fell short of Wall Street estimates on Thursday. The shipping giant also cut jobs in its struggling North American trucking business and offered cautious guidance as it warned of “somewhat slower” economic growth going forward. More: continued here

FedEx Gives Boost To Small-freight Shippers More: continued here

FedEx profit lags Street view, sees slower growth More: continued here

FedEx Corp. , the second-largest U.S. package-shipping company, reported a first-quarter profit that trailed analysts’ estimates, and said it plans to eliminate 1,700 jobs. More: continued here

FedEx CEO Sees Slower Economic Growth Ahead More: continued here