Accustomed to fulfilling different routes around the world with its express orders, FedEx had little prospect at the end of 2018 when what was at stake were delivering results, the ability to face the advance of rivals like Amazon, and its destination operation.
It reflected this somewhat optimistic context in the sharp fall in shares, whose price reached the lowest level in March 2020. However, since then, the company’s shares have been traded close to record levels. The reason? The pandemic and the boost of e-commerce.
Read more: https://siila.com.br/news/detail/19471133