An executive at FedEx has issued a gloomy warning for the U.S. economy, which is already grappling with fears over an ...

FedEx lowered its full-year guidance for the ... is enduring continued weakness and uncertainty in the U.S. industrial economy. The latter signifies the tepid demand for domestically manufactured ...

FedEx cuts its profit outlook for the third time in a row, thanks to “continued weakness and uncertainty in the U.S.

FedEx stock tumbled after it slashed guidance for the full year. Its CFO said the revised outlook reflects "uncertainty in ...

FedEx Corp. shares fell after the parcel delivery company lowered its full-year guidance for a third consecutive quarter, citing inflation and uncertain demand for shipments.

It drives significant cargo volume and more profitable deliveries for FedEx and UPS. Many executives in the U.S. transportation industry had been banking on the industrial economy returning to ...

Forecast cuts raise concerns about US industrial economy Morgan Stanley warns of structural pressures in parcel delivery sector Shares hit lowest in nearly two years March 21 (Reuters ...

FedEx cuts profit ... in the U.S. industrial economy." The demand weakness continued to pressure FedEx's higher-margin business-to-business volumes, Chief Executive Raj Subramaniam said on a ...

Higher-than-expected inflation in the current quarter is putting pressure on costs, Chief Executive Officer Raj Subramaniam said during a conference call with analysts. FedEx is the latest U.S ...