https://youtu.be/Vt6P2gSFDHo

Dean Maciuba seems to think a 30-40 % reduction at Express might happen. He also touches upon activist investor DE Shaw and their role in reshaping FedEx. They’re driving the company right now. See video link above. 41:00 and 48:50 marks are eye opening.

https://www.linkedin.com/in/dean-maciuba

He also had an interesting piece many months ago detailing DE Shaw going directly to the ISPs (Ground Contractors) with questions. This was seen as highly unusual and a possible sign that DE Shaw no longer has confidence in Raj and senior leadership at FedEx. See below:

https://ci.linkedin.com/posts/dean-m...file_like_view