FedEx: it sucks out there, forget inventory build-up
One positive: LTL spin-off…
FREIGHTWAVES reports:
Democratic U.S. Rep. Rosa DeLauro on Wednesday criticized President Donald Trump for flip-flopping on canceling import benefits for inexpensive e-commerce products shipped from China and suggested that Fred Smith, chairman of express delivery giant FedEx Corp., played a role in last week’s sudden reversal.
The Connecticut congresswoman and the National Council of Textile Organizations called on the Trump administration to go further and entirely ban de minimis – a mechanism that allows goods under $800 in value to enter the ...
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