News / Q4 could have been a lot worse without e-commerce boom, says relieved FedEx

01/07/2020

FedEx is targeting market share from freight forwarders, it said, as it announced fourth-quarter results buoyed by growth in e-commerce.

It reported a loss of $334m on the back of revenue of $17.4bn in Q4, a better-than-expected Covid-19 period, it said, with an operating margin of ...

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