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HomeNewsOpinionUPS/FedEx: picking a delivery hero is a wager on wages

UPS/FedEx: picking a delivery hero is a wager on wages

Financial Times   •
©The Financial Times Limited 2020 Aug 30, 2023 / 11:21 AM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.

An industry-wide fall in package volumes after two years of strong demand means the outlook is nothing to write home about

FedEx shares, at 15 times forward earnings, still trade at a discount to UPS.

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