Wall Road loves FedEx’s value cuts and plans to mix networks, however dangers stay - Stock Region News

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Friday, April 7, 2023

Wall Road loves FedEx’s value cuts and plans to mix networks, however dangers stay


Wall Road analysts heaped reward on package-deliverer FedEx Corp.’s plans to slash extra prices and convey its floor and air-shipping companies underneath the umbrella of a single firm — even when the implications for logistics and labor remained query marks.

FedEx FDX on Wednesday mentioned it could carry its air, floor and companies companies right into a single firm, Federal Specific Corp., in June 2024. The reorganization, he mentioned, would simplify how clients do enterprise with the corporate. And executives mentioned that together with efforts…



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