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>So all players in the market are just selling everything across the market to the tune of -1.4% because FedEx is having issues? FedEx's issues is that their v
by sb057 4y ago
>So all players in the market are just selling everything across the market to the tune of -1.4% because FedEx is having issues?
FedEx's issues is that their volume is down massively. High (nay, accelerating) rates of trade are the foundation of the modern economy. If trade starts to slow down, or, Lord forbid, decline, then yes that can have massive negative repercussions.
- foobarian 4y agoBased on the last few years of my (and a relatively wide friend circle) experiences with FedEx I wouldn't be surprised if they are just suffering from getting outcompeted by Amazon and others. If their internal logistics are as bad as what the customer-facing experience would lead me to believe, I worry for their future. Edit: completely subjective and armchair-quarterback-like opinion, of course.
- prottog 4y agoFor what it's worth, I always have issues with UPS and never with FedEx. It could very well be a local thing.
- deleted 4y ago[deleted]
- nostromo 4y ago> down massively 23.52B Expected Revenue 23.20B Reported Reported Difference: ~1%