FedEx to Merge Delivery Networks in Cost-Cutting Move

The video discusses the differing strategies of UPS and FedEx over the past two years, focusing on their approaches to labor, cost efficiency, and market positioning. FedEx's strategy involved bulk hiring to address labor shortages, while UPS targeted smaller consumers and increased prices. FedEx is merging its express and ground units for cost efficiency. The video also covers FedEx's management changes, dividend increase, and its role as an economic bellwether, highlighting its influence on market perceptions and economic indicators.

What changes did FedEx announce regarding their express and ground units?

What impact did the increase in the annual dividend have on FedEx's shareholders?