FedEx Quarterly Sales Fall 10% as Shipping Struggles Continue

Delivery company to merge Express, Ground networks in Canada

FedEx posted its third-straight drop in quarterly revenue. Photo: Richard B. Levine/Richard B. Levine/Levine Roberts/Zuma Press

FedEx on Tuesday posted its third-straight drop in quarterly revenue as the delivery giant adapts to weaker demand after a pandemic-fueled boom in business.

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