Departing CFO claims Freightos will see profit in 2026 after reporting Q3 loss
UPDATED 28.11.24 TO INCLUDE FREIGHTOS INPUT AND REMOVE REFERENCE TO GUILLAUME HALLEUX Freightos’ share price fell ...
© Khunaspix Dreamstime.
By Alex Lennane
Maintaining its aircraft were “a drag” for FedEx and pulled down its bottom line, according to its second quarter results announced this morning. Earnings increased less than expected by analysts, although the express company has benefited from falling fuel prices. Freight revenue grew 11%, express was up 3% and its ground division rose 8% to give it an overall second quarter profit of $616m on revenues of $11.9bn.
Comment on this article