In an effort to reduce operating expenses, these two companies might begin exploring self-driving trucks as a new route to greater operational efficiencies. Self-driving trucks can evade regulations regarding the length of trucking shifts, and there’s certainly an efficiency argument to be made for eliminating redundant jobs. As a result, FedEx Corporation (NYSE:FDX) wouldn’t have to rely on air transport for as many urgent shipments. Of course, putting thousands out of work will ultimately reduce the demand for packages if the trend ripples across society.
Putting the pieces together
Today, FedEx Corporation (NYSE:FDX) has some of the qualities that make up a great stock, but no stock is truly perfect. Digging deeper can help you uncover the answers you need to make a great buy — or to stay away from a stock that’s going nowhere.
The article Is FedEx Destined for Greatness? originally appeared on Fool.com.
Fool contributor Alex Planes has no position in any stocks mentioned. The Motley Fool recommends FedEx and UPS.
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