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FedEx hikes 2023 earnings forecast as cost-cutting initiatives


In this photo FedEx logo is seen in Washington D.C., United States on February 16, 2023.

Celal Gunes | Anadolu Agency | Getty Images

FedEx on Thursday hiked its full-year earnings forecast as it said cost-cutting measures offset continued demand weakness at units including FedEx Express.

FedEx now…

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