FedEx flying high into latest earnings report
Analysts have ramped up expectations for FedEx’s results in the September-November quarter and beyond, based on a record flow of e-commerce and upcoming shipments of millions of doses of COVID-19 vaccines. (Jim Weber/Daily Memphian file)
FedEx and UPS could gain $100 million to $300 million in new revenue from COVID-19 vaccine distribution in the U.S., a Bank of America research report says. Related article: COVID-19 vaccine moves through Memphis hub
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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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