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Shares of FedEx fell on Wednesday after the courier cut its full-year outlook due to a labor shortage. The shortage has driven up costs and slowed down deliveries ahead of the peak holiday season. FedEx incurred an additional $450 million in costs for higher pay, overtime, and third-party payouts. The COO identified the worker shortage as the biggest issue, and FedEx plans to hire 90,000 holiday workers to meet shipping obligations. UPS is also increasing staff for the holidays.