FedEx Freight ready to trade
PRESS RELEASE FedEx Completes Spin-Off of FedEx Freight Creates Two Independent, Industry-Leading Public Companies Positioned to Deliver ...
Judging from its latest results, unveiled last week, FedEx appears to be on the mend – but many questions are up in the air.
It did not help that the company presented little in the way of forward visibility. Owing to the disruptive impact of the Covid-19 virus, the company suspended its 2020 outlook – like DSV has done.
Dean Maciuba, director consulting services at Logistics Trends & Insights, reckons this is just as well.
“Their guidance has been horrible,” he said. “Not ...
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