Comment / Showtime: FedEx dodges all the key questions

That uncanny ability must have been borrowed by the management team of FedEx (FDX)… from their rivals at UPS* of late, I mused at the end of the Q&A session with equity analysts.

(*By pure coincidence – timing is everything – as FDX execs prepared to talk interims, UPS disclosed that it was walking away from Estafeta, a target that was expected to provide “Powerful Global Logistics Solutions” in Mexico, when that deal was announced in the summer of 2024. Flagged ...