A few years ago, FedEx (NYSE: FDX) was struggling with an unwieldy cost structure in its signature express delivery business. The company had simply deployed too much capacity in anticipation of a surge in demand that never quite materialized.
A few years ago, FedEx (NYSE: FDX) was struggling with an unwieldy cost structure in its signature express delivery business. The company had simply deployed too much capacity in anticipation of a surge in demand that never quite materialized.