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FedEx Adds Data-Driven Solutions as Volume Continues to Stabilize
FDXFedEx(FDX) PYMNTS.com·2024-06-26 02:31

FedEx saw its volume continue to stabilize during the quarter ending May 31 after experiencing year-over-year declines.In May, its FedEx Express U.S. domestic package volume was down 1% year over year, while its FedEx Ground was up 1%, its FedEx Express international export was up 9% and its FedEx Freight LTL was up 1%, according to a presentation released Tuesday.“While we saw modest yield improvement and signs of volume stabilization across segments, we have not yet seen a notable increase in demand,” Raj ...