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FedEx’s Package Delivery May Be Delayed Due To Winter Storm: Report

FedEx Corporation (NYSE: FDX) reportedly said customers might have to bear package delivery delays as winter storm gripped the country.
byShivani Kumaresan
December 23, 2022
1 minute read
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  • FedEx Corporation (NYSE:FDX) reportedly said customers might have to bear package delivery delays as winter storm gripped the country.
  • The company went through disruptions at its Memphis and Indianapolis hubs, Reuters reported.
  • A powerful Arctic winter storm has placed millions of people under weekend weather alerts ahead of the year’s busiest travel days.
  • Also Read: Powerful Winter Storm Gushes Out Holiday Plans For Several Americans
  • Also, major airports have canceled thousands of flights as the storm intensifies.
  • The Federal Aviation Administration said the winter storm brought blizzard conditions to the Midwest, with significant travel disruptions expected in Chicago, Detroit, and Minneapolis-St. Paul.
  • Also Read: These Analysts Revise Price Targets On FedEx Following Q2 Results
  • Price Action: FDX shares are trading higher by 0.88% at $177.23 on the last check Friday.
  • Photo Via Company
 
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