FedEx Bludgeoned On Grievous Guide Down, But Is The Trade War Really The Problem?
Bellwether alert!
Generally speaking, there needs to be a discernible connection to the macro narrative for individual earnings results to feature in these pages. FedEx fits that description.
The courier has, at various intervals going back to last year, found itself beset by concerns tied to the trade war. Those concerns haven't been limited to generic global growth jitters. Over the summer, the company stumbled into Beijing's crosshairs thanks to an at times farcical dispute over rerouted H
When Amazon brought Amazon Air on line FDX took a 1.8 $Billion revenue hit and still have the infrastructure in place