China's Logistical Nightmare: Why FedEx And UPS Are Dying To Expand In China - Seeking Alpha
Hedge fund titan Dan Loeb is buying into FedEx (FDX), and UPS (UPS) trading at an all-time high. The parcel delivery business is strongly back in fashion among investors. But, as of now, these two giants are all but absent from the world's largest and fastest-growing delivery market, China.
The Chinese government, for now, has mainly shut them out, allowing domestic Chinese companies, in particular one called Shunfeng Express, to grow from start-up to giants in less than a decade.
FedEx and UPS will need to find ways to grow in China. The opportunity there is truly outsized.
Hedge fund titan Dan Loeb is buying into FedEx (FDX), and UPS (UPS) trading at an all-time high. The parcel delivery business is strongly back in fashion among investors. But, as of now, these two giants are all but absent from the world's largest and fastest-growing delivery market, China.
The Chinese government, for now, has mainly shut them out, allowing domestic Chinese companies, in particular one called Shunfeng Express, to grow from start-up to giants in less than a decade.
FedEx and UPS will need to find ways to grow in China. The opportunity there is truly outsized.
