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FedEx shares fall as trade turbulence hits demand, profit forecast
FedEx shares fell on Wednesday after the logistics giant forecast current-quarter profit below expectations, pressured by U.S. tariffs and President Donald Trump’s move to revoke duty-free status on certain consumer shipments from China.
FedEx Corp. warned that its profit would be worse than expected this quarter and declined to offer guidance for the rest of ...
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FedEx Faces $170M in Tariff Headwinds as US Cracks Down on De MinimisChina-to-U.S. volumes “deteriorated sharply” in early May in a blow to the courier's most profitable intercontinental trade ...
FedEx cites China tariffs and end of de minimis rule as key drivers of a $170 million hit, prompting it to cut its annual ...
FedEx said its newly streamlined air cargo network helped it adjust to tariff-induced demand fluctuations and make a profit ...
FedEx expects a $170 million financial hit this quarter due to President Trump’s trade war, after a change in tariff rules ...
U.S. industrial economy.” As the company prepares to report fourth-quarter results after the closing bell Tuesday, that ...
FedEx Q4 beats estimates, but weak Q1 guidance and sector challenges signal a 10% downside. See here for more on FDX stock ...
FedEx beat Wall Street estimates, using cost control to grow earnings at a faster rate than revenue. FedEx is forecasting ...
Americans are being hit with huge tariff bills on their online orders.
FedEx shares are down by nearly a fifth since the start of the year, with their largest drop following the "Liberation Day" ...
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