Supply Chain Shocks to Persist Long Term, FedEx Warns
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TL;DR
FedEx CEO warns that global supply chain shocks from tech and geopolitical risks will have long-term effects, with regional chains growing. The US-China trade war may cause a $1 billion hit to FedEx this year.
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Fedex
FedEx CEO Raj Subramaniam predicts long-term impacts from global supply chain shocks driven by technology and geopolitical risks, with regional supply chains becoming more prevalent. The US-China trade war is expected to weigh on the industry's outlook next year, with FedEx anticipating a $1 billion hit from trade volatility this year.
