The global logistics and shipping market is on an upward rise owing to technological advancements, globalization, integration, new legislation, and alliances. Moreover, slowly normalizing supply chains, rising e-commerce popularity, and overall optimism due to the incoming holiday season have hugely contributed to the sector's growth.
The global freight & logistics market is forecast to grow to $18.69 billion by 2026 at a CAGR of 4.4%. As international shipping and e-commerce services gain momentum, opportunities for FedEx Corporation (FDX) are poised to expand significantly.
