News
FDX
265.52
-0.21%
-0.55
FOCUS-UPS, FedEx transition to electric vans slowed by battery shortages, low supply
UPS, FedEx transition to electric vans slowed by battery shortages, low supply of electric vans. Package delivery giants face uncertainty in U.S. Supplies of big, electric step vans to replace gas guzzlers. UPS and FedEx are losing access to California vouchers that help defray EV prices. The companies are trying to replace their gas-guzzlers with electric vans to reduce emissions.
Reuters · 9h ago
Transportation stocks sink, with industry ETF on track for biggest drop since October
MarketWatch · 1d ago
Longleaf Partners Global Fund Q1 2024 Commentary
Seeking Alpha · 1d ago
These 2 Transportation Stocks Could Beat Earnings: Why They Should Be on Your Radar
NASDAQ · 1d ago
Longleaf Partners Fund Q1 2024 Commentary
Seeking Alpha · 1d ago
FedEx: Why This Dividend Growth Stock Remains A Buy Now
FedEx (FDX) has slightly outperformed the S&P 500 in recent years. FedEx's topline missed the analyst consensus in its fiscal third quarter. The company's interest coverage ratio suggests FedEx is financially healthy. FedEx remains a buy and could be priced 11% below fair value.
Seeking Alpha · 1d ago
FedEx: Cost Cuts Paying Off, Big EPS Growth Expected
FedEx is a compelling buy following a strong Q3 2024 report in March. FedEx is focused on reducing its costs and has impressive EPS growth forecasts from the sell-side. IShares Transportation Average ETF has been losing steam, but FedEx has bucked the trend. I see the transport stock as a buy on valuation while its technical situation has improved.
Seeking Alpha · 2d ago
UPS Earnings Show The Weight Of $170,000 Salaries While It Learns To Navigate Shipping Slump
United Parcel Service, Inc. Delivered lackluster first-quarter results on Tuesday. Revenue declined 5.3% and operating profit was down 31.5% compared to the same period last year. The company's shares were up 2.4% as the company beat analyst expectations. UPS signed a new contract with the USPS to provide air cargo services.
Benzinga · 2d ago
UPDATE 3-UPS sees profit in US Postal Service work that dragged down FedEx earnings
UPS sees profit in US Postal Service work that dragged down FedEx earnings. UPS will become the No. 1 USPS air cargo service provider on Sept. 30. FedEx struggled with the business after shifting volume from planes to trucks. UPS says it can profit from the deal because it has a unified model that lowers costs.
Reuters · 2d ago
UPS gains after efficiency improvement leads to profit beat
United Parcel Service (UPS) posts mixed Q3 earnings report. Revenue decreased 5.2% year-over-year to $21.7B. Average daily package volume was 21.2M. Shares of UPS rose 3.28% in premarket action on Tuesday.
Seeking Alpha · 2d ago
UPS’s stock rises after company reports profit beat despite lower-than-expected revenue
MarketWatch · 2d ago
UPS' Stock Rises As Profit Fell But Beat Expectations, While Revenue Came Up A Bit Shy -- MarketWatch
Shares of United Parcel Service Inc. Rose 1.8% in premarket trading. The package delivery giant reported first-quarter profit that beat expectations. Net income fell to $1.11 billion, while revenue fell a bit shy of expectations. The stock has lost 7.6% year to date.
MarketWatch · 2d ago
UPDATE 4-UPS profit tops expectations as cost-cuts deliver margin
UPS says first-quarter adjusted profit tops expectations as cost-cuts deliver margin. The world's biggest parcel delivery firm reported a decline in average daily volumes in its key U.S. Business. The company is focusing on higher-margin deliveries for small businesses and healthcare companies.
Reuters · 2d ago
UPDATE 3-UPS profit beats estimates as cost cuts offset weak delivery demand
United Parcel Service's first-quarter profit beats estimates as cost cuts offset weak delivery demand. The company cut 12,000 jobs in January to save $1 billion in costs in 2024. UPS reported a 3.2% decline in average daily volumes in its domestic segment. Its shares were up 3.5% premarket.
Reuters · 2d ago
Here's What To Anticipate From UPS' Q1
NASDAQ · 2d ago
FEDEX CORP: FEDEX EXPRESS FORMS STRATEGIC ALLIANCE WITH ZONOS TO TACKLE CUSTOMS CHALLENGES FOR UK AND EU RETAILERS
Reuters · 2d ago
RPT-BUZZ-PREVIEW: UPS shares up ahead of results due Tues
United Parcel Service shares up 2.1% in afternoon trading ahead of quarterly results due Tues. Co expected to report a decrease in rev to $21.86 billion. UPS said April 1 it will become U.S. Postal Service's primary air cargo provider.
Reuters · 2d ago
BUZZ-PREVIEW: UPS shares up ahead of results due Tues
United Parcel Service shares up 2.1% in afternoon trading Mon ahead of quarterly results due Tues. Co expected to report a decrease in rev to $21.86 bln from $22.93 bln in the yr-ago period. UPS on April 1 said it will become U.S. Postal Service's primary air cargo provider.
Reuters · 3d ago
Weekly Report: what happened at FDX last week (0415-0419)?
Weekly Report · 3d ago
With 78% ownership, FedEx Corporation (NYSE:FDX) boasts of strong institutional backing
A total of 17 investors have a majority stake in FedEx Corporation with 50% ownership. The company is owned by institutions with 78% of the stock. The largest shareholder, institutions, hold a majority of the company with a 50% stake. The average insider ownership of FedEx is higher than the average. It's worth looking at the company's earnings history to see if insiders are buying or selling. FedEx Corporation has been owned by institutional investors for more than a decade. The firm is currently owned by 17 investors.
Simply Wall St · 4d ago
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About FDX
FedEx Corporation (FedEx) provides a portfolio of transportation, e-commerce and business services through companies competing collectively and operating independently, under the FedEx brand. The Company's segments include FedEx Express, FedEx Ground, FedEx Freight and FedEx Services. The FedEx Express segment offers a range of United States domestic and international shipping services for delivery of packages and freight. The FedEx Ground segment provides small-package ground delivery services, which includes day-certain service to any business address in the United States and Canada, as well as residential delivery services through its FedEx Home Delivery service. The FedEx Freight segment offers less-than-truckload (LTL) freight services. The FedEx Services segment provides sales, marketing, information technology, communications, customer service, technical support, billing and collection services, and certain back-office functions that support the Company's operating segments.