FedEx saw boost from rival UPS’s labor negotiations with Teamsters
By Samantha Delouya, CNN (CNN) — The threat of a strike at one competitor and the bankruptcy of another proved beneficial for FedEx this summer. Overall, adjusted earnings for FedEx’s fiscal first quarter were $4.55 a share, up from $3.44 a share this time last year. The company raised its earnings-per-share guidance for fiscal 2024
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