Comment / Against the odds: FedEx – only one thing left to do

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The FedEx Corp. headline story in the wake of fiscal third-quarter 2021 results released by the integrator yesterday after the US markets closed, unexpectedly pointed to an ‘unprecedented’ holiday shipping season, as CNBC reported.

Which helped the bulls confirm their bullish stance.

Among them, Goldman Sachs – incidentally advising XPO Logistics on its trucking/contract logistics break-up – is still predicting further upside for shareholders following another convincing trading update (we’ll get to it later on, briefly).

What that means is simple.

There remains a 22% ...

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    Against the odds Break-up FedEx Fred Smith integrated logistics Old Dominion Freight Line TFI International UPS XPO Logistics