FedEx Delivers Higher Prices Into Economic Headwinds

FedEx Express hub at Memphis International Airport on Dec. 11, 2009 Photograph by Daniel Acker/Bloomberg

Damn the economic headwinds, FedEx is going to make money anyway. That was the message this morning as the shipping giant announced major price increases and ongoing efforts to become a more efficient shipping machine.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.