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FedEx Shares Rise After Fiscal-Year Guidance Ahead of Views

FedEx Shares Rise After Fiscal-Year Guidance Ahead of Views
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FedEx finds if you pay them, they will come

The company has hired more than 60,000 frontline workers since mid-September. Higher wage rates and network disruptions tied to labor shortages resulted in $470 million in additional costs in the three months ended Nov. 30, but the company expects those cost pressures to moderate in the second half of its fiscal year. ....

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