Another giant announced: price increase!

On September 22, local time, the US Express Giants Federal Express Company revealed in the latest financial report that in order to cope with the slowdown of the global express delivery business, the company plans to regulate freight from January next year, with an average of 6.9%of the freight.

It is reported that Federal Express has raised the freight by 5.9%last year. The company stated that through a series of measures announced last week, including the suspension of some cargo machines and the suspension of Sunday delivery, it is expected that the cost of US $ 2.2 billion to US $ 2.7 billion can be saved this fiscal year.

Source: CCTV Finance

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