FedEx Earnings Rise Despite Weakened Demand

📆 21/09/2023 1:14:00
📰 WSJ

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Shipping giant sees savings from cost-cutting measures.

FedEx has grappled with a slowdown in demand for its delivery business following a spike during the pandemic.posted higher profit despite a drop in revenue, as the shipping giant continues its extensive cost-cutting efforts amid slumping demand.

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