FedEx will “start lapping Amazon” in 2021 as rivalry escalates

FedEx has said its ground delivery service will “start lapping Amazon” in 2021 despite lowering its earnings outlook for 2020.
The delivery giant’s chief financial officer told investors this week that heavy investments made this year will begin paying off in 2021, helping the company return to prominence in the delivery market flowing the meteoric rise of Amazon in the sector.
“If you think about all the positive things we’ve said and that we’re seeing, as we