FedEx blames incoming “global recession” for failings, but competitors are faring fine


📦 FedEx has given the world a wild warning of a global recession, but is that really the issue?

Some are saying that the company’s shortcomings in dealing with market conditions are the real source of the problem when It comes to its failed earnings report last week. CEO Raj Subramaniam has placed the blame squarely on external factors, but its competitors in UPS and DHL seem to be faring much better despite the global challenges.

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