FedEx sees “extremely difficult” quarters ahead, as business and consumers ship fewer packagesNEW YORK — FedEx, the nation’s second largest package shipper, lost more money in the last quarter, as consumers and businesses downsized shipments and the company took over $1 billion in one-time charges. FedEx sees “extremely difficult” quarters ahead, after posting bigger 4th-quarter lossNEW YORK — FedEx Corp. on Wednesday warned it expects “extremely difficult” conditions in the next two quarters, after the nation’s second largest package shipper posted a bigger fiscal fourth-quarter loss due to hefty one-time charges and lower revenue. FedEx posts widened 4th-qtr loss, but adjusted results top Wall Street’s expectationsNEW YORK — FedEx says it posted a bigger fiscal fourth-quarter loss, weighed down by hefty one-time charges, but adjusted results came in well above expectations on Wall Street. |