What are some reasons analysts speculate Amazon might build its own delivery network?
The Numbers Don't Lie: FedEx Earnings Preview
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The video discusses Amazon's potential plans to build its own delivery network, which FedEx CEO Fred Smith dismisses as unlikely. Amazon is investing in logistics, leasing 20 Boeing 767 freighters, which could impact FedEx and UPS. FedEx has seen revenue growth, driven by e-commerce, and is nearing the end of a cost reduction program. The company provides economic forecasts, predicting moderate US and global GDP growth. FedEx's acquisition of TNT Express aims to expand its presence in Europe's express market.
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What impact could Amazon's leasing of 20 Boeing 767 freighters have on FedEx and UPS?
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How has FedEx's revenue growth been influenced by e-commerce over the past decade?
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What does FedEx's status as an economic bellwether imply about its projections for GDP?
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How does FedEx's acquisition of TNT Express position it in the European express market?
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