FedEx maps out strategy to increase earnings, operating income
A FedEx driver ferries crates filled with humanitarian aid to be loaded on a plane and shipped to Ukraine in March. FedEx has built one of the most connected trade networks in the world. (Patrick Lantrip/Daily Memphian file)
New CEO Raj Subramaniam faces soaring inflation, increasing competition from Amazon and an activist investor demanding shakeups to the board, but plans to grow earnings per share by as much as 19% over the next three years, as well as increase operating income by as much as $4.5 billion.
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FedEx Raj Subramaniam FedEx Ground FedEx Freight Brie Carere FedEx ExpressRob Moore
Rob Moore covers North Mississippi for The Daily Memphian. He holds a B.A. and an M.A. in English from The University of Memphis.
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