Citing Weak Global Growth, FedEx Cuts Its Profit Outlook
Frederick W. Smith, the chief executive, said he did not expect economic conditions to improve much any time soon, although he did not expect the United States to dip back into recession. “We expect...
View ArticleThe Global Downturn Weighs on Shipowners and Banks
Similar fleets bob at anchor, with empty cargo holds, off the coasts of southeast Malaysia and Hong Kong. And dozens of newly built ships float empty near the giant shipyards of South Korea and China,...
View Article
More Pages to Explore .....
