Wal-Mart reaching fuel goals for truck fleet: exec

Fri Jun 13, 2008 5:08pm EDT
 
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The fleet improvements come as fuel costs hit record highs, crimping retailers' profits. In May, Wal-Mart said higher transportation costs would remain a "potential headwind" for the rest of the year, and Chief Financial Officer Tom Schoewe said he was worried about the ongoing jump in fuel prices.

(Editing by Gary Hill)

 
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