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Jim Cramer on What Huawei's Beef with FedEx Means for Trade Talks

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FedEx (FDX) - Get Free Report  issued an apology Tuesday morning for mishandling packages destined for Huawei Technologies amid accusations that it deliberately diverted four parcels addressed to the Chinese tech giant's offices in Asia.

Now, Huawei is reevaluating its relationship with FedEx.

Jim Cramer weighed in on the matter while speaking with Action Alerts PLUS' Research Analyst Zev Fima.

"I don't know who would ever divert four packages and then say it's an accident. It was not an accident. I mean, please, four packages? Can't we all get along?" Cramer said.

FedEx is currently the king of the Chinese logistics market, occupying a 54.6% market share, according to technographics provision firm Datanyze.

Stick with Real Money all day for comprehensive Stock of the Day FedEx coverage.

Related. FedEx Foul-Up Could Provide Opportunity to Its Competitors in China

Editor's Note. This video has been edited to reflect Jim Cramer's comments about Huawei.

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