FedEx Corp shares slumped on Friday after the parcel giant cut its annual revenue forecast and reported a sharp fall in profits, owing to weak demand for high-margin speedy delivery services.
By Shivansh Tiwary and Lisa Baertlein (Reuters) -Shares of FedEx slumped almost 16% on Friday, the worst in two years, after ...
What happens to all the items that are damaged in shipping and returned to FedEx? A lot of them end up at nonprofits like ...
FedEx processes hundreds of millions of returned items a year, a complicated dance, said the director of University of ...