Originally Posted by howardhughes8

With unsustainable cost structure. This is a big pivot for Fedex, which usually prefers higher yielding business instead of trying to hook and catch, then trying to raise prices and hoping people will stay. Racing to the bottom is never a good strategy as history has proven. Look at Apple, they will not sacrifice margins, they are simply transforming the business to become less dependent on a single product. Transformation/evolving is the key.