The Company provides a portfolio of transportation, e-commerce and business services through companies that compete collectively, operate independently and manage collaboratively, under the FedEx brand.
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I like duopolies. Coke needs Pepsi, Moody's needs S&P, Boeing needs Airbus, Android needs iOS, Intel needs AMD and FedEx needs UPS. Essentially I view them as the same company but because they have a sworn enemy, legislators stay out of their way. Further, with the coming demise of the FDXthese guys will see a bump in future years.