FedEx Cuts Outlook on Trade War, Global Growth Slowdown

The video discusses FedEx's financial challenges, including a significant drop in stock value due to trade tensions and a global slowdown. The CEO's statement highlights the impact of a weakening macro environment. FedEx faces scrutiny in China and pressure from Amazon, affecting its strategic decisions. The company plans cost-cutting measures and strategic changes, including ending contracts with Amazon and expanding delivery services.

What major factor did FedEx's CEO cite as negatively impacting their performance?

• High employee turnover

• Rising fuel costs

• Increased competition from UPS

• Weakening global macro environment

What was the predicted drop in FedEx's adjusted earnings for fiscal 2020?

• 10%

• 20%

• 16%

• 5%

Which country's declining exports were specifically mentioned as a challenge for FedEx?

• India

• Germany

• China

• Brazil

What percentage of FedEx's annual revenue was attributed to their business with Amazon?

• 1.3%

• 2.5%

• 5%

• 3.7%

What strategic move is FedEx planning to implement in January?

• Reducing delivery days to five per week

• Partnering with a new e-commerce giant

• Increasing delivery charges

• Expanding delivery service to seven days a week