Billions in cost-cutting initiatives helped FedEx improve earnings
FedEx says its results improved mostly thanks to the company’s DRIVE program initiatives and “continued focus on revenue quality.” (Gene J. Puskar/AP Photo file)
The company’s net income was $1.08 billion, compared to the $875 million it reported in 2023.
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FedEx Raj SubramaniamRob Moore
Rob Moore covers North Mississippi for The Daily Memphian. He holds a B.A. and an M.A. in English from The University of Memphis.
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