FedEx reacts to slower package demand by parking planes

Nov. 09, 2022 8:15 AM ETFedEx Corporation (FDX)By: Clark Schultz, SA News Editor2 Comments

FedEx To Raise Shipping Rates In 2022

Mario Tama

FedEx Corporation (NYSE:FDX) provided an update on how it is handling the new macroeconomic backdrop at an investor conference on Tuesday.

The shipping giant noted that it has reduced the frequency of flights and parked some of

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