FedEx (NYSE:FDX) just waved a red flagand it's not a small one. The logistics giant saw freight volumes between China and the U.S. deteriorate sharply in May, thanks to rising tariffs and a rule ...
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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 ...
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