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FedEx Raj ceo22FedEx falling down
despite price hikes 

Losing huge market share,
excusing poor execution

FedEx  founder Fred Smith's successor Raj Subramaniam reported on disappointing & inflated Q1'23 results. Four rounds of high price hikes boosted sales, disguised serious market share losses to UPS & Amazon. The 'market cap gap' widened to $114Bn compared with similarly sized UPS? The future seems bleak for the arrogant 'new boss, same as the old boss' blaming the economy not incompetence. 

"Tomorrow's News Today,

not yesterday's news tomorrow."

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