FedEx reported a sharp decline in quarterly profits and lowered its full-year revenue forecast as customers shifted from faster, expensive deliveries to cheaper alternatives. FedEx CEO Raj Subramaniam ...
Despite near-term volume pressure from muted retailer restocking and soft industrial end markets, FedEx's US ground and international express delivery operations should enjoy positive longer-term ...
FedEx Corp shares slumped on Friday after the parcel giant cut its annual revenue forecast and reported a sharp fall in profits, owing to weak demand for high-margin speedy delivery services.
On Thursday after market close, FedEx Corporation (NYSE: FDX) issued its first quarter results as it undergoes a significant ...
UPS shares are falling after archrival FedEx released results that disappointed markets. Shipping companies are suffering ...
Shipping giants FedEx and UPS shares are trading lower Friday after FedEx reported worse-than-expected quarterly results and ...
David Vernon, Senior Research Analyst – Transportation at Bernstein, sees FedEx's lowered guidance as an overreaction and ...
FedEx Freight, the less-than-truckload segment, was negatively impacted by a decline in weight per shipment and reduced ...
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
As the ecommerce market has grown exponentially, so too has the 3PL (third-party logistics) market, which will be worth $1.59 ...
That’s as good as money, sir. After dropping 11 slots in the FedExCup with a T59 (of 70) at the FedEx St. Jude Championship, Bradley appeared on BetMGM’s pre-tournament outrights board at +10000.