Thursday, June 27, 2019

FedEx 2019 earnings dip; CEO Fred Smith positive about fiscal 2020

Fred Smith said that the company would enter fiscal 2020 taking steps like enhancing FedEx Ground capabilities, speed and efficiency. Logistics

June 27, 2019: Delivery organisation FedEx Corporation, in an earnings call for Q4, has said that financial year 2019 [June 2018 to May 2019] was challenging as it faced weakening international revenue growth driven by the slowdown in global trade and rapid growth of e-commerce demand, among other things. Fred Smith, chairman and CEO, FedEx Corporation, s

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