Home / FedEx / FedEx Sets $1.7 Billion Savings-and-Profit Goal Over Three Years

FedEx Sets $1.7 Billion Savings-and-Profit Goal Over Three Years

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.

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