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FedEx cuts forecast as rising costs smother price hikes

September 22, 2021 7:47 AM

(Bloomberg) – FedEx Corp. struggled with higher costs as package growth stalled, leading the courier to cut its annual earnings outlook and post quarterly profit below analysts’ expectations.

Source : http://www.straitstimes.com/business/companies-markets/fedex-cuts-forecast-as-rising-costs-smother-price-hikes

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