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Shipping is a tough business. You need lots of trucks, ramp space at airports, and lose the ability to cherry pick what states you operate in.

Consider that despite billions in investments, both DHL before they went away and FedEx Ground today are still not as good as UPS.

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FedEx Ground started as a different company (Roadway Package System) -- to this day, it has a lot of contracts, union rules, etc. which make it vastly worse than just a ground version of FedEx. The only FedEx acquisition which seems to be any good is Custom Critical (used for shipping organs, live animals, etc. on next-flight-out commercial service, to get stuff door to door as fast as possible).

Small quibble: You can also use Fedex Same Day service to get something on an airplane NOW at a much lower cost than custom critical.

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