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Old 01-11-2016 | 07:21 AM
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md11retiree
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From: Looking for "Confirm Engine Out" button
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Originally Posted by whalesurfer
This was just an article and who knows


Call me crazy but I wouldn't be surprised if Fred Smith were to sell, let's say a 50% stake of FDX to Amazon and allocate part of his fleet to Amazon deliveries, at least during big holidays. He's about to retire and is looking for a way to secure FDX's legacy in the "new" commerce world..
Either way, presently FDX has very little exposure to Amazon, ups does. Almost every business venture Fred and Jeff have put their hands on turned into a success story. On the other hand, big brown has been "excelling" at shrinking the operation into oblivion for the short term payoffs and dividends.
We'll see what the future holds.. :-/
FWS is about to retire? Ha ha ha! The FedEx BOD just raised the mandatory retirement age to 75 last Spring to accommodate Fred. You'll probably retire before Chairman Smith.
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