Global Supply Chain Shocks to Cause Lasting Impacts, FedEx Says

The changes to global trade and supply chains driven by factors including technology and geopolitical risks are likely to persist over the long term, according to FedEx Corp. Chief Executive Officer Raj Subramaniam.

“There’s a new equilibrium state being formed in this new supply chain pattern and they’re much more regional in nature,” he said at the Bloomberg New Economy Forum in Singapore on Thursday. “The industrial economy is going to take a little longer to change. But once it changes, it’s difficult to go back.”

US President Donald Trump’s tariffs and the end of an exemption ...