Shipping giants FedEx Corp (NYSE:FDX) and United Parcel Service, Inc.(NYSE:UPS) shares are trading lower Friday after FedEx ...
FedEx sounded the alarm, and investors in its archrival are taking notice. Shares of United Parcel Service ( UPS -2.56%) ...
David Vernon, Senior Research Analyst – Transportation at Bernstein, sees FedEx's lowered guidance as an overreaction and ...
FedEx reported a lower first-quarter profit on Thursday as demand in the package industry remained muted, especially for ...
On Thursday after market close, FedEx Corporation (NYSE: FDX) issued its first quarter results as it undergoes a significant ...
FedEx Freight, the less-than-truckload segment, was negatively impacted by a decline in weight per shipment and reduced ...
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.
FedEx Corp. cut the top end of its full-year profit outlook and reported quarterly earnings below expectations on softer ...
Back then, I showed the chart below, which clearly displays the struggles of both FedEx and UPS (UPS) when it comes to their total parcel volumes. In early 2020, Amazon (AMZN) overtook FedEx's ...
After a successful pilot program, FedEx is expanding its electric delivery fleet with the purchase of 15 Workhorse W56 ...
When FedEx reports after the close on Thursday, September 19, consensus is expecting revenue of $21.9 billion for the 2nd ...
FedEx Corp. warned its business would slow in the year ahead and reported a worse-than-expected quarterly profit in an ominous sign about the direction of the US economy.