AMZN Threat to FDX Is No Longer ‘Fantastical’
FDX will be fine.
They’ve been the sector’s darling on Wall Street due to their (comparatively) rapid revenue growth, and any threat to continued revenue growth at previous pace gets their share price punished by investors.
Interesting if you look at 2010-2018, FDX’s revenue growth has outpaced UPS but our earnings growth has outpaced theirs. Of course their CAPEX well exceeded ours until last year due to their fleet recapitalization...