FedEx message regarding passing of founder and executive chairman Frederick W. Smith
June 21, 2025 10:13 PM The following is a message sent to FedEx team members. Team, It is ...
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
WTC: RIDE THE WAVEFDX: TOP EXEC OUTPEP: TOP PERFORMER KO: STEADY YIELD AND KEY APPOINTMENTAAPL: SUPPLIER IPOCHRW: SLIGHTLY DOWNBEAT BUT UPSIDE REMAINSDHL: TOP PRIORITIESDHL: SPECULATIVE OCEAN TRADEDHL: CFO REMARKSPLD: BEATING ESTIMATESPLD: TRADING UPDATEBA: TRUMP TRADE
China and its seemingly insatiable appetite for e-commerce ought to be an express operator’s dream, but with international operators now having to obtain a licence to operate in individual cities, it is fast turning into something of a nightmare for FedEx and UPS. While Chinese regulators appear to dither over granting them new licences – neither yet has one to operate in Beijing – there are no such delays for domestic operators, which are rapidly building up market share over their larger rivals.
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