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Bullboard - Stock Discussion Forum
FEDEX CORPORATION
FDX
Alternate Symbol(s):
FDX.29
|
FDX.33
Industrials
Integrated Shipping & Logistics
FedEx pioneered overnight delivery in 1973 and remains the world's largest express package provider. In its fiscal 2020 (ended May 2020),...
FedEx derived 51% of revenue from its express division, 33% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment. The remainder comes from other services, including FedEx Office, which provides document production/shipping, and FedEx Logistics, which provides global forwarding. FedEx acquired Dutch parcel delivery firm TNT Express in 2016. TNT was previously the fourth- largest global parcel delivery provider.
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Bullboard (NYSE:FDX)
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•••
Bertanderson
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Post by
Bertanderson
on Jun 14, 2022 11:59am
Headlines - FedEx Soars!!
It is soaring today, but it is down 65% YTD. I would love to see this one take off but be careful about sucker rallies. I've been burned before. If we're heading into a 2023 recession, this
...more
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