FedEx is focusing on growth in healthcare, automotive B2B, U.S. e-commerce, global air freight, and Europe, as discussed by EVP and Chief Customer Officer Brie Carere. Operational changes from the Network 2.0 and DRIVE programs, along with the Tricolor air freight initiative, are expected to enhance these efforts. After reporting a 1% revenue drop and an 18% decline in net income for Q2, FedEx is looking to expand its international market share while also capitalizing on domestic e-commerce and healthcare logistics, which promise higher profitability.
Source: https://www.supplychaindive.com/news/fedex-targets-growth-in-4-customer-segments/736463/