FedEx’s share price recently plummeted. What’s going on at #FedEx? Marek Różycki (Last Mile Experts) and Ian Kerr (Postal Hub Podcast) discuss:
– FedEx CEO predicting a global recession
– FedEx stock tumbling
– External factors such as the world economy
– Failure to integrate Ground and Express networks
– Decline in international express business
– European VAT laws and international shipments
– Embracing the modern last mile, including IDM (interactive delivery management)
– Amazon leveraging tech in the US last mile
– Stock market reaction indicating problems are within FedEx’s control
– Other delivery company stocks falling
– FedEx’s relationship with its Ground Contractors
– Bad 2021 peak season volumes
– FedEx firing a prominent Ground Contractor
– FedEx management’s vision
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