FedEx CEO chides sloppy e-retailers

FedEx Corp. Chief Executive Fred Smith took a tough line with e-commerce companies, saying they need to shape up sloppy shipping practices or risk losing customers. FedEx said severe weather shaved $125 million off of its fiscal third-quarter profit, pushing earnings well below even scaled-back analyst estimates. But snow and ice weren’t the only things Mr. Smith blamed. FedEx reported third …

More: continued here

Similar Posts

Leave a Reply

Your email address will not be published.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