FedEx Corp., the world's largest air-cargo carrier, forecast annual profit that trailed analysts' estimates as labor costs climb in a "moderate" economic recovery. The shares fell the most since ...

FedEx Corp. on Thursday announced between $2.2 billion and $2.7 billion in cost savings for the fiscal year ahead and said it would raise shipping rates for air and ground services in January, after ...

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But analyst Brian Ossenbeck is increasingly concerned that FedEx’s full-year earnings-per-share guidance is at risk, given that it already embeds a rebound in freight fundamentals. FedEx expects ...