FedEx Reports Better-Than-Expected Revenue as Residential Deliveries Surge


FedEx Corp. said Christmas-like levels of online shopping boosted its business, and it is seeing tentative signs that the global economy is recovering from the coronavirus pandemic.

The delivery giant also experienced a jump in international cargo during the fiscal fourth quarter, helping to offset the significant decline in commercial shipments as thousands of businesses closed due to broad lockdowns.

FedEx…



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