The courier's vast and complex system of overlapping delivery networks will be simplified — and potentially do away with staff drivers entirely.
www.seattletimes.com
"The move would draw a sharp contrast with rival UPS, which has long earned higher margins even with a fleet of highly paid, unionized staff drivers. At a time of waning e-commerce and economic uncertainty, FedEx aims to put shareholder returns ahead of its previous growth mindset."
Repeat, FedEx aims to put shareholder returns ahead of its previous growth mindset.
*Forget being the best. Gave that up long ago. Biggest? That too left with giving up on being best... But still focused on being an investment company, just even more so.