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Tariffs hit FedEx with $1 billion
FedEx Corp. has issued a stark warning: trade volatility and tariffs tied to U.S. policy are set to cut its operating profit by roughly $1 billion this year. According to Chief Financial Officer John ...
FedEx Freight Holding Co. is raising $3.7 billion in its debut investment-grade dollar bond sale, ahead of its planned June 1 ...
FedEx Corp. expects a $1 billion hit from trade volatility this year, highlighting the impact of President Donald Trump’s tariffs and the loss of a key exemption for low-value goods. Most of that ...
FedEx said parcel volume from China to the U.S. continues to shrink. (Yuki Iwamura/Bloomberg News) Parcel giant FedEx said it expects a $1 billion hit to its earnings this fiscal year because of ...
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