FedEx fails to deliver on earnings. And that’s a bad sign for the global economy
A disappointing earnings report for the multinational courier delivery services company is especially worrisome for one key reason: It's widely seen as an early warning system for international commerce.
Professor of Logistics and Supply Chain Management Dale Rogers explains why a disappointing earnings report for the multinational courier delivery services company is worrisome.
In this article published Sept. 18, 2019, in Fortune:
I hear people saying the economy is growing because they are looking at the gross domestic product. But GDP is a rear-view mirror of an indicator. It tells you what's already happened. FedEx is a bellwether because it tells you what's going to happen.
– Dale Rogers, professor of logistics and supply chain management
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