It recently leased 20 cargo aircrafts and bought thousands of its own trailer trucks, while calling itself a “transportation service provider” for the first time in its annual filings. FedEx executive VP Mike Glenn told analysts yesterday that FedEx is not concerned about recent news of Amazon possibly building up an in-house shipping network, and downplayed it as mere “headline grabbing” stories. “We don’t have any plans to do that,” he said.
FedEx executive VP Mike Glenn told analysts yesterday that FedEx is not concerned about recent news of Amazon possibly building up an in-house shipping network, and downplayed it as mere “headline grabbing” stories. “We don’t have any plans to do that,” he said.