Putting a Price on FedEx's Worst Winter Ever

Photograph by Haraz N. Ghanbari/AP Photo

Forget about tallies of snowfall, average temperatures, and canceled flights, FedEx just made it official: This winter was the worst. In the words of Chief Executive Officer Frederick Smith, the season was the “toughest” that his charge has ever navigated, particularly January and February, “when it really got bad.”

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