fedex

Good day, New York City is ground zero for clashes that occur between transportation users competing for limited parking spaces. For delivery companies, the tight fit means racking up astronomical parking fines as a cost of doing business. In 2018, for example, FedEx Corporation (NYSE: FDX)...

The C-suite of FedEx Corp. (NYSE: FDX) has counseled patience in the wake of a second straight disappointing quarter. The short-term mindset of Wall Street may have difficulty accepting that. The Memphis-based giant reported fiscal 2019 third-quarter results that came in below what were already...

There’s likely going to be a hunt for direction this morning as investors await the Fed’s latest verdict on the economy and its thoughts on the future direction of interest rates.  It wouldn’t be all that surprising to see some slow trade ahead of the Fed meeting. Things are...

There have been two major themes arguably helping to boost stocks this year: A dovish Fed and increasing optimism about a U.S.-China trade deal. With little news on the latter front this morning, focus could turn toward the Fed, which begins its two-day policy meeting today. With the central bank...

Fed week is upon us once again, and it starts with the S&P 500 Index (SPX) near its highest level in months and Treasury yields near their lowest. Though there’s little drama around the Fed’s meeting Tuesday and Wednesday, it’s probably going to be closely watched in what...

  It's no secret that FedEx Corp. (NYSE: FDX) believes that Amazon.com, Inc. (NASDAQ: AMZN) doesn't hold a candle to FedEx when it comes to transport and logistics capabilities. In that vein, FedEx has said it doesn't consider Amazon a rival. "We don't see them as peer...

Good day,  As analyst Amit Mehrorta recently said on FreightWaves Radio, "The first and foremost fundamental view that we have at Deutsche Bank and our research franchise is that the state of the freight market is very strong. [However,] the capital markets and the financial markets can...

FedEx Logistics, a subsidiary of FedEx Corporation (NYSE: FDX), said today it will move its global headquarters in  April 2020 to the former Gibson Guitar factory building in downtown Memphis. The move will consolidate multiple locations and nearly 700 team members into the new location...

The nation's three major parcel delivery carriers posted stellar peak-season performances, aided by perhaps the strongest collaborative effort from their customers since e-commerce became a staple of holiday shopping and shipping, according to data from ShipMatrix, a unit of consultancy SJ...

The holiday shipping season in 2018 was propelled by the strongest retail sales numbers in six years. At the peak, UPS (NYSE: UPS), FedEx Corporation (NYSE: FDX), and the Postal Service were handling 72 million packages per day, compared to an average of 45 million packages per day...

Transport giant FedEx Corp. (NYSE:FDX) late today reported weaker-than-expected fiscal 2019 second-quarter results, weighed down by a rapid deceleration of Eurozone and U.K. economies and a less-profitable mix of traffic from TNT Express, the Dutch delivery firm that FedEx acquired for US $4.8...