Pressure again on FedEx to show rivals how it’s done, but in Europe this time - The Load Star
The attempt to spot a flaw in FedEx’s strategy is nothing new for those familiar with the affairs of the US express and logistics group. There is no sympathy for market leaders – they always have to deliver, in any market conditions, whatever the circumstances.
On the one hand, this stock market darling seems to have pulled all the stops to secure a deal with TNT Express in early April – and its stock price has risen in line with the S&P 500 since.
On the other hand, it’s hard to say whether FedEx is getting its strategy right: fourth-quarter results left little room to the imagination, and contributed to one of its worst trading days for a long time.
The attempt to spot a flaw in FedEx’s strategy is nothing new for those familiar with the affairs of the US express and logistics group. There is no sympathy for market leaders – they always have to deliver, in any market conditions, whatever the circumstances.
On the one hand, this stock market darling seems to have pulled all the stops to secure a deal with TNT Express in early April – and its stock price has risen in line with the S&P 500 since.
On the other hand, it’s hard to say whether FedEx is getting its strategy right: fourth-quarter results left little room to the imagination, and contributed to one of its worst trading days for a long time.
