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.

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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.


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