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Gloomy Economy Seen by FEDEX Boss

By EditorSeptember 18, 2013September 18, 2013

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From FORBES
On a day all about whether the U.S. economy is still week in the knees, signs of achiness and fatigue appeared in comments made this morning by FedEx.

While FedEx beat Wall Street profit expectations for its fiscal-first quarter, billionaire CEO Fred Smith did his usual gloomy grumbling. “FedEx Express remains focused on reducing costs while facing challenging global economic conditions,” he says.
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Rt.-301-Nice-Bridge-deck-being-constructed-looking-towards-Maryland-shore.
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The existing bridge was opened for traffic in 1940 and soldiers guarded the supports and the bridge from possible saboteurs during WWII. THE CHESAPEAKE TODAY photo
The Rt. 301 Governor Harry Nice Bridge is 135 feet tall to accommodate large ship traffic to ports in Alexandria and Washington and the U. S. Navy Yard in Washington, D.C.
Rt. 301 crosses the Potomac River by the Gov. Harry W. Nice Bridge. The bridge opened in 1941 and had guards posted against German saboteurs during WWII.
Approach of new Gov. Harry Nice Bridge with old bridge still standing
New and Old Rt. 301 Gov HARRY NICE BRIDGE. THE CHESAPEAKE TODAY photos
The downward slope of the Gov. Harry Nice Bridge towards the Commonwealth of Virginia in the distance. THE CHESAPEAKE TODAY photo
Approach to the Gov. Harry Nice Rt. 301 Bridge with the Newburg Power plant at left on the Potomac River. THE CHESAPEAKE TODAY photo
The old bridge opened in 1940 and is in the process of being destructed and used to build fish reef. THE CHESAPEAKE TODAY photo

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