Home / FedEx / FedEx posts loss on fuel, economy; warns for ’09 (Reuters via Yahoo! News)

FedEx posts loss on fuel, economy; warns for ’09 (Reuters via Yahoo! News)

FedEx Corp on Wednesday reported a quarterly loss, citing record-high fuel prices, a weak U.S. economy and a previously announced write-down due to the package delivery company’s decision to change the name of FedEx Kinko’s.

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