Journal of Commerce--FedEx is forecasting its earnings in the fiscal quarter ending this month will come up to 40 percent below earlier projections because of the severe impact winter storms across the United States had on the company's transport operations.
The company said the profit setback was not the result of slowing shipping demand but of disruptions from the storms and from rising fuel prices.
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The company said the profit setback was not the result of slowing shipping demand but of disruptions from the storms and from rising fuel prices.
Read more!
