2 looming problems are threatening to hammer FedEx — and that's not even counting the recession

Dec 23 2022 by Business Insider

 
FedEx planes at Memphis superhub.

John Gress Media Inc/Shutterstock

FedEx CEO Raj Subramanian said the company is facing less demand due to an "e-commerce reset." E-commerce is currently around 19% of total retail sales — still higher than pre-pandemic. Industry voices dispute whether e-commerce will hold onto pandemic gains.

FedEx doesn't need to worry about a full-blown recession to see trouble ahead. 

Executives from the delivery giant told investors on a Tuesday earnings call that an...

Continue Reading 2 looming problems are threatening to hammer FedEx — and that's not even counting the recession