So FedEx has unique insight into global trade, from its central position in logistics. However ... there are reasons to be cautious in the current market. The Fed has hiked rates dramatically.

According to S&P Global Market Intelligence ... there is still long-term opportunity for FedEx once secular trends resume their glide path post-COVID, and in a more mature and more disciplined ...

Despite the weakness in package volumes, FedEx Corporation FDX shares gained ... normalization of volume and pricing trends in the post-COVID scenario. FDX now expects revenues to be flat year ...