President-elect Donald Trump has threatened to drastically hike import tariffs for several countries, especially China, and these moves would likely disrupt global supply chains.
FedEx reported a mixed quarter Thursday after close and announced it plans to spin off its freight business into another publicly traded company, FedEx Freight."As the supply chain patterns change, we are here, there and everywhere," he said.
"We are sitting on global supply chain insights," he said."So not only do we want to be a leading transportation network provider, but also a global supply chain technology provider."Crime and Courts
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FedEx CEO Says Company Can Weather Supply Chain StormFedEx CEO Raj Subramaniam expressed confidence in his company's ability to navigate potential supply chain disruptions caused by President-elect Donald Trump's planned tariff increases.
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