Wall Street analysts heaped praise on package-deliverer FedEx's plans to slash more costs and bring its ground and air-shipping services under the umbrella. Read More...
Wall Street analysts heaped praise on package-deliverer FedEx Corp.’s plans to slash more costs and bring its ground and air-shipping services under the umbrella of a single company — even if the implications for logistics and labor remained question marks.
FedEx FDX on Wednesday said it would bring its air, ground and services businesses into a single company, Federal Express Corp., in June 2024. The reorganization, he said, would simplify how customers do business with the company. And executives said that along with efforts…
