FedEx Freight | FedEx: Still Packing Up Profit

[Jay C]

FedEx pulls away from the pack</small>

Although the global economy remains shaky, FedEx (FDX: 83.71, -1.55, -1.81%) has upside for the long haul. It has a growing footprint in big overseas markets like China,

FedEx and its main rival, United Parcel Service (UPS: 57.37, +0.30, +0.52%), &quot;are likely to become a global duopoly, and both companies have nearly insurmountable barriers to entry,&quot;

The industry's tough dynamics were illustrated when Germany's DHL pulled out of the U.S. domestic package-delivery business in January.

FedEx: Still Packing Up Profit at SmartMoney.com