FedEx getting up off the mat, ‘lapping Amazon’ in 2021
A lot of the sorting at the FedEx Ground hub in Olive Branch, Mississippi is automatic and done by laser, such as this bright crimson checkpoint several packages sweep through on Dec. 2, 2019. (Patrick Lantrip/Daily Memphian file)
FedEx looks to e-commerce, expansion in Europe and efficiency moves including flight hour reductions and fleet modernization to drive future profitability. Company officials say they can't count on trade growth.
Topics
FedEx e-commerceAre you enjoying your subscription?
Your subscription gives you unlimited access to all of The Daily Memphian’s news, written by nearly 40 local journalists and more than 20 regular freelancers. We work around the clock to cover the issues that impact your life and our community.
You can help us reach more Memphians.
As a 501(c)(3) nonprofit organization, we provide free news access at K-12 schools, public libraries and many community organizations. We also reach tens of thousands of people through our podcasts, and through our radio and television partnerships – all completely free to everyone who cares about Memphis.
When you subscribe, you get full access to our news. But when you donate, you help us reach all Memphians.
Pay it forward. Make a fully tax-deductible donation to The Daily Memphian today.
Thank you for reading the local news. Thank you for investing in our community.
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.
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.