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FedEx

FedEx warns drastic drop in cargo and distribution volume

FedEx shares in the stock market fell 22 % in operations this Friday. This joins the company's projections for a slowdown of at least $ 500 million, to fall short of its profit target. FedEx said the main reason for this debacle the crisis in the chain of loading and distribution of packages…

FedEx earned 88% less during last fiscal period

The US logistics and logistics company FedEx obtained a net profit of 540 million dollars at the end of its last fiscal year, which ended on May 31, which represents a fall of 88.2% compared to the result of the previous year. It was…