Logistics Management: Report points to lower holiday season volumes for FedEx
Rick Watson, president of New York-based RMW Commerce Consulting, pulled no punches in assessing this situation.
“The economy has been known to be declining for the last eight months, and just now FedEx is revising their ground forecast?” he said. “To say that FedEx leadership has their head in the sand is an understatement. Unit volume will be down this holiday. To the extent it can remain even, it will be due to higher promotional activity and as a result at lower margin.”
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