Fedex To Add 50,000 Seasonal Jobs

(AP) — FedEx plans to hire more than 50,000 extra workers to handle another record year for holiday-season package deliveries. FedEx Corp. says its net income in the fiscal first quarter is up 24 percent from a year ago, thanks partly to a strong performance by its ground division. FedEx is getting a boost from the growth in online shopping, which generates strong business in ground shipments. Aside from the strong performance of FedEx Ground, Chairman, President and CEO Frederick Smith said in a statement that the Memphis, Tennessee company's results were also bolstered by solid volume and revenue increases at its freight division and healthy growth in U.S.

Topics:  ap    fedex   corp   fedex ground   chairman   president   ceo frederick smith   memphis   tennessee   express   u.s    january   fedex   strong   percent   performance   results   company   volume   shipments   year   growth   division   
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    John's going to add more to what I just said ... Last quarter, you talked about seasonal declines at Express and what occurred from Express going down to, you know, should be maybe near breakeven ...
    03/21/2024 - 5:30 pm | View Link
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