The cost and service challenges confronting FedEx Corp. go beyond the two most visible suspects: a meaningful shortage of labor and an unprecedented surge in parcel-delivery volumes. A third, and perhaps just as important a factor, is a persistent imbalance in domestic trailer utilization, especially to and from Southern California.
For every three parcels that leave the region bound for the rest of the FedEx (NYSE:FDX) network, only one package returns, according to Rob Martinez, founder and...
https://www.freightwaves.com/news/trailer-imbalances-compound-fedex-cost-service-issues