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FedEx fights to grow profits in pandemic

By , Daily Memphian Published: July 06, 2020 4:00 AM CT

E-commerce and a shortage of air cargo capacity pushed FedEx fourth quarter earnings well past analysts' expectations. Analysts wonder if trends will continue – and produce a desired goal of double-digit profits.

Topics

FedEx TNT Express e-commerce shipping industry COVID-19 Subscriber Only

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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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