Analysis: DHL Group – the bear dance
It strengthens after dismal FedEx update
FedEx has fallen on hard times. And every analyst I know dashes off creatively titled articles, almost on a daily basis, hypothesising on who should acquire the parcel giant.
Newsflash folks: FedEx is not for sale.
OK, so it made a mistake buying TNT Express, and it’s ...
Comment on this article
Jeremy F.
December 11, 2020 at 8:55 pmThey may not be for sale, but they are certainly on the road to bankruptcy, which for upper management will likely be a far more profitable outcome. Given the decline in their quality and customer support over the past year (that began well before COVID kicked in), I can only hope that vendors and customers both demand any other shipping company out there. It’s ridiculous that customers who now depend on deliveries far more than before COVID have to put up with a company that has basically given up on itself.