FedEx’s New Boss Faces Strategic Choice as Package Volumes Fall

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FedEx's new CEO who will have to balance demands from investors to boost profits and from ground-delivery contractors struggling with high costs

Every day, millions of sailors, truck drivers, longshoremen, warehouse workers and delivery drivers keep mountains of goods moving into stores and homes to meet consumers’

increasing expectations of convenience. But this complex movement of goods underpinning the global economy is far more vulnerable than many imagined. Photo illustration: Adele Morgan

 

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Consumer recession will clobber $fdx

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