Air Cargo
Bloomberg
| March 17, 2020
FedEx Corp. suspended its financial forecasts as the coronavirus pandemic blurred the demand outlook, upsetting a major overhaul at the courier to cut costs and handle a flood of e-commerce packages.While the uncertainty is shutting down daily life in much of the world, FedEx is beginning to see a cargo rebound in China, where the outbreak originated. About 95% of large manufacturers have returned to operations there, FedEx said, and last week the courier made about as many flights as normal to