FedEx Eyes Stake In Germany’s Hermes Delivery Service
PYMNTS
MAY 27, 2020
The Memphis-based delivery company has instead seen a massive upswing in low-margin personal home deliveries as people start to shift to eCommerce during the pandemic. FedEx has been seeing an upheaval of its business and may have to tap into debt to make up for the dearth of the usual high-profit business shipments.
Let's personalize your content