Supply Chain Research

FedEx reported FQ’21 (to Nov. 30) revenues which increased by 18.7% year over year as a result of the expansion of e-commerce in the wake of the pandemic. Improved industrial supply chain activity also helped, leading CMO Brie Carere to note an improvement in the latter should continue with the rollout of vaccines and provide a “long growth runway” for the firm’s business even as the consumer demand boom slows. The firm has also faced rising costs “to support strong demand and to expand services” and still plans “to profitability take market share and keep it beyond the current capacity ...