Persistent extended lead times, which have pushed many companies to place orders in advance, could ease sometime in the summer, said ISM’s Timothy Fiore.
The food and beverage giant is working on a “large-scale rollout and implementation of electric vehicles” as it looks to reduce direct emissions by 75% by 2030.
Using VTOL aircraft instead would improve both volume availability and service reliability within the company’s network, FedEx Express executive Joe Stephens said.