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Stock impact report

How FedEx CEO Raj Subramaniam is adapting to the era of ‘re-globalization' [Yahoo! Finance]

FedEx Corporation (FDX) 
Last fedex corporation earnings: 3/17 04:03 pm Check Earnings Report
US:NYSE Investor Relations: fedex.com/us/investorrelations
Company Research Source: Yahoo! Finance
Subramaniam is its second; he took over the company in 2022. Decades of experience informed Smith's CEO school curriculum. He first conceived of a system for urgent, overnight deliveries in an economics paper at Yale. Smith ran with the idea, launching Federal Express in 1971, and growing it into a global logistics giant with $90.1 billion in revenue in the past 12 months. In his first three years as CEO, Subramaniam operated with Smith as executive chairman, but Smith died in June at age 80, leaving Subramaniam without his mentor—and FedEx without its founder—for the first time. Part of Smith's legacy is FedEx, now a Fortune Global 500 company that moves about $2 trillion worth of commerce every year; handles 17 million packages a day; and operates 400 daily flights from hubs like Memphis, Guangzhou, Singapore, Paris, and Dubai. But it's also the big lesson he taught Subramaniam, which the CEO drew on last year when the Trump administration's global tariffs threatened FedEx's c Show less Read more
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