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FedEx (FDX) shareholders are a bit troubled these days, although those who invested in the Memphis-based behemoth at the turn of the century would likely be pleased with the way things have gone in the past 20 years.
With hindsight, one would have been better off betting on the transport index over the long run – yield considerations also play a part over the 2000-2020 period – but that is mainly due to the latest correction in FDX stock price, which ...
Comment on this article
Joseph alba
January 20, 2020 at 8:26 pmSad news for us that want to see strong competitive market to curb the monolith that is Amazon.
Alessandro Pasetti
January 21, 2020 at 8:42 amMany indeed share that feeling.. Thanks for your comment, Joseph.
Sharlie
January 21, 2020 at 1:44 amI might would believe this more if they actually knew how to spell Fedex it’s not FDX, yeah.
Alessandro Pasetti
January 21, 2020 at 7:59 amHi Sharlie,
Not sure what you mean exactly with “I might would believe this more” but in brackets in first ref. is FDX – you might not be familiar with the ticker, which indeed is FDX.
FedEx Corporation
NYSE: FDX
Thanks for your comment.
Best,
AP
Ed
January 21, 2020 at 7:55 amInteresting article I worked for that company for over 30 years and it is an extremely profitable company but poorly managed. Fred has stayed and is still very inventive those others my God are past redemption. Buying TNT to capture market in Europe a poor investment even with the 400 million lost to the hacking a few years but Europe when it comes to investing on logistics … a very bad choice never been profitable and never will…buying 767-300 freighters a terrible idea as well the a300-200 can carry more longer distances and who can forget the gas guzzlers MD10 (DC10s built for United in the 70s) as well as the MD11s .Fedex could have gotten a better deal with Airbus. As for the business itself the engineers in charge of planning the delivery routes and pick ups as well have a bad case of tunnel vision ,point and case Christmas of 2018 5 trucks delivering in the same residential area (same street) not an isolated case, if they let the experienced couriers….but not. One thing for certain all companies go through peaks and valleys and Fedex is not the exception your graphs and numbers look nice but I can tell you that if Fedex were to disappear tomorrow it would create chaos of epic proportions
Ale Pasetti
January 21, 2020 at 8:09 amThanks for your comment Ed, very good points re management, TNT Express, planes and trucks. I surely agree, as you said, that “if Fedex were to disappear tomorrow it would create chaos of epic proportions” but realistically there’s no way of that happening anytime soon. Best, Ale.