Companies

FedEx Lowers Earnings Outlook as Volume From China ‘Deteriorated Sharply’

In the fiscal fourth quarter, the company adjusted its network to match shifting demand, cutting Asia-to-America lane capacity by more than 35 percent in May.
FedEx Lowers Earnings Outlook as Volume From China ‘Deteriorated Sharply’
A FedEx delivery person carries a package from a truck in Denver, Co. AP Photo/David Zalubowski, File
Panos Mourdoukoutas
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News Analysis

FedEx reported another quarter of lackluster sales, as volume from China to the United States fell sharply after President Donald Trump announced reciprocal tariffs on April 2, and remained weak throughout the fourth quarter of fiscal 2025.

Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”