This preview shows page 1. Sign up to view the full content.
Unformatted text preview: labor) keep rising day by day. NY Times report about FedEx income that Revenue rose 8 percent to $9.97 billion from $9.20 billion a year ago. This leads FedEx ahead as benefit still exceeds cost. However, FedEx starts to reduce fuel consumption by 5 percent, and stop hiring staffs unless it's an operational or sales necessity. This can help reduce production costs which keep the quantity supplied stable and not falling down....
View Full Document
- Spring '05