FedEx Revises Outlook On Lower Demand For Express Shipping

A downturn in express shipping volume, especially from Asia, has prompted FedEx to reduce its full-year profit forecast by about 1.5% and increase FedEx Express’ net average rates by roughly 4%. The company’s outlook reflects a 4% decline in daily package volume for FedEx International Priority...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.