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Business > Foreign Business
FedEx combines air, ground operations
By Associated Press
Apr 07, 2023 12:02 am

NEW YORK: FedEx will combine almost all of its ground, air and other operations by next year as part of a $4 billion cost cutting plan.

The package delivery company said Wednesday that FedEx Express, FedEx Ground, FedEx Services and other FedEx operating companies will be rolled into a single entity by June 2024 in a companywide reorganization.

STREAMLINING A FedEx truck makes deliveries in Mount Lebanon, Pennsylvania, on Monday, Jan. 23, 2023. FedEx will combine its air, ground and other divisions as part of a $4 billion cost cutting plan. AP PHOTO STREAMLINING A FedEx truck makes deliveries in Mount Lebanon, Pennsylvania, on Monday, Jan. 23, 2023. FedEx will combine its air, ground and other divisions as part of a $4 billion cost cutting plan. AP PHOTO
STREAMLINING A FedEx truck makes deliveries in Mount Lebanon, Pennsylvania, on Monday, Jan. 23, 2023. FedEx will combine its air, ground and other divisions as part of a $4 billion cost cutting plan. AP PHOTO

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