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Fedex truck crash off road 22FedEx falling down

despite price hikes 

Losing market share. Cost
cuts, not customer centric

FedEx new ceo Raj Subramaniam opaquely reported on disappointing & inflated Q2'23 results. Huge price hikes boosted sales, but disguised serious market share losses to UPS & AmazonThe 'market cap gap' between same sized UPS widened to $112Bn. The future is bleak for arrogant, cost cutting  'new boss, same as the old boss'; who blamed the (strong) economy, not incompetent execution. 

"Tomorrow's News Today,

not yesterday's news tomorrow."

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