FedEx Dataworks is leading a team to modernize the U.S. Army’s domestic non-tactical logistics and supply chain networks. This project operates under the Army’s Strategic Capital Initiative to create a predictive network for optimizing transportation and infrastructure.
The partnership aims to bring commercial-level speed and reliability to military operations. FedEx will apply data-driven logistics expertise to enhance the Army's operational readiness.
Separately, Bernstein maintained a Buy rating on FedEx stock with a $397 price target. Recent regulatory filings show that Sanctuary Advisors LLC and Commerce Bank purchased new stakes in the company.