Earnings Results: FedEx plans up to $2.7 billion in cost cuts, higher shipping rates as demand weakens Posted on September 22, 2022 By Charlielikes FedEx Corp. on Thursday announced between $2.2 billion and $2.7 billion in cost savings for the fiscal year ahead, and said it would raise shipping rates for air and ground services. Stock Market Tags:– as, ‘plans, ‘to, 2.7, billion, cost, cuts’, demand, earnings, fedex, higher, in, market, rates, results,, shipping, stock, stock market, up’ , weakens