As far back as 2016, diginomica was deeply skeptical about the ‘King Canute’ like comments of Fedex founder and CEO Fred Smith about the disruptive impact of e-commerce – and particularly Amazon – on his business: The concerns about industry disruption continue to be fuelled by fantastical – and let …
Read More »European shares tread water with Fed decision looming
European shares ended flat on Wednesday, as gains for the defensive real estate and utilities sectors were countered by losses in luxury good makers, with caution prevailing ahead of the U.S. Federal Reserve’s interest rate decision. After flitting between small gains and losses during the session, the pan-European STOXX 600 …
Read More »FedEx Revenue Growth To Slow? — Trefis
FedEx Corporation (NYSE: FDX) generates its revenue from a broad range of transportation, e-commerce, and business services, which can be clubbed under three segments – FedEx Express, FedEx Ground, And FedEx Freight. In this note we discuss the company’s business model, revenue growth in the recent years, and our view on future …
Read More »FedEx Sues US Commerce Department Over Huawei Phone | News & Opinion
FedEx has filed a lawsuit against the US government arguing that it should not be made to enforce export bans. The legal action occured after a Huawei phone PCMag attempted to send from its UK office to its US office was sent back to the UK due to President Trump’s …
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