FedEx cuts capacity and costs as volume fall accelerates
November 9, 2022
FedEx is moving quickly to reduce air and ground capacity and other costs as volumes slow down faster than expected
FedEx is moving quickly to reduce air and ground capacity and other costs as volumes slow down faster than expected
Global demand for air cargo fell by 10.6% year-on-year in September 2022, according to the latest data from IATA, but
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