FedEx shares rebound amid e-commerce boom, airlift shortage

By , Daily Memphian Updated: August 17, 2020 4:00 AM CT | Published: August 17, 2020 4:00 AM CT

FedEx shares have shot up over $200 in recent trading after languishing below $150 a share earlier this summer. Supply and demand is driving the growth.

Topics

FedEx air cargo capacity shortage e-commerce UPS U.S. Postal Service postal reform Cowen Stephens Brie Carere Richard W. Smith Henry Maier COVID-19
Wayne Risher

Wayne Risher

Business news reporter, 43-year veteran of print journalism, 35-year resident of Memphis, University of Georgia alumnus and proud father and spouse of University of Memphis graduates.


Comments

Want to comment on our stories or respond to others? Join the conversation by subscribing now. Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here