FedEx getting up off the mat, ‘lapping Amazon’ in 2021
A lot of the sorting at the FedEx Ground hub in Olive Branch, Mississippi is automatic and done by laser, such as this bright crimson checkpoint several packages sweep through on Dec. 2, 2019. (Patrick Lantrip/Daily Memphian file)
FedEx looks to e-commerce, expansion in Europe and efficiency moves including flight hour reductions and fleet modernization to drive future profitability. Company officials say they can't count on trade growth.
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