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FedEx CEO optimistic about economic recovery as e-commerce booms (access required)

FedEx’s business-to-business traffic fell significantly in the U.S. as COVID-19 lockdown measures across the country took effect, Chairman and CEO Fred Smith said in a livestreamed discussion with the Washington Post last week. However, the Memphis logistics giant is keeping busy with “a prolific amount of flights” delivering protective gear and heavy home-delivery volume during the pandemic, he ...

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