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
Topics
FedEx FedEx Express COVID-19 vaccine distribution UPS Memphis International Airport COVID-19 Subscriber Only2025 is almost over. Now is the time to support your trusted local news source.
Will you help us reach more Memphians with quality, in-depth local news? Make a fully tax-deductible donation or other contribution to The Daily Memphian, a 501(c)3 nonprofit news organization, today.
Thank you for keeping up with what’s happening in Memphis. Thank you for investing in our community’s trusted local news source.
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.
Comments
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.