(Reuters) – FedEx Corp lowered its full-year revenue forecast on Thursday, as the parcel delivery firm seeks new business after its contract with its largest customer, the United States Postal Service, ended last year.
The company expects its full-year revenue to be flat to slightly down year over year, compared to the prior forecast of approximately flat.
(Reporting by Lisa Baertlein in Los Angeles and Abhinav Parmar in Bengaluru; Editing by Alan Barona)
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