Wall Street loves FedEx’s price cuts and plans to mix networks. But here is the place some analysts say it might get messy

Wall Street analysts heaped reward on package-deliverer FedEx Corp.’s plans to slash extra prices and convey its floor and air-shipping companies below the umbrella of a single firm — even when the implications for logistics and labor remained query marks.

FedEx FDX on Wednesday stated it could deliver its air, floor and companies companies right into a single firm, Federal Express Corp., in June 2024. The reorganization, he stated, would simplify how clients do enterprise with the corporate. And executives stated that together with efforts…

Source web site: www.marketwatch.com

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