China+1 acceleration as tariffs drive supply chain rerouting
US department store chain Kohl’s is working closely with suppliers and vendors to tweak its ...
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By Alex Lennane
FedEx beat analyst estimates in its fourth quarter, making gains in all sectors. FedEx Express saw sales rise 6.9%, to $7.18bn, while its ground business rose 9.1% and freight went up 5.7%. Net income for the group was $1.02bn in Q4 – compared with a loss of $70m a year earlier. Revenues were up 21.2% to $15.73bn. The company said the integration of TNT was on track – and this is the last quarter in which the results will be reported separately. ...
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