Funny (NOT funny) thing, we're cutting pretty deep at FREIGHT, even though we're operating at historically record high margins.![]()
FedEx plans more cost cuts as soft demand hurts profits
FedEx said it will be able to cut another $1 billion in costs beyond what it previously forecast.www.cnbc.com
While I understand sharing the burden, helping the Corporate bottom line, I can promise you that when Freight was down and EXPRESS was fat, there was no concern, or cuts made to share Freight's pain.
Just a casual observation...