As FedEx Corp. (NYSE: FDX) struggles through one of the worst days in its 41 years as a public company, the question arises: Has the company made its bed and is now lying in it, or has an otherwise sound long-term strategy been undermined, at least in the short run, by cyclical forces beyond its control? On the other hand, those who believe FedEx’s missteps are coming home to roost acknowledge that the macro climate, especially the global goods-producing category, is weak and getting weaker, and that the company can only do so much if its customers are shipping less, if at all.

source https://finance.yahoo.com/news/does-fedex-face-cyclical-structural-214555438.html?.tsrc=rss