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Carrier Operating Ratios Fall in October in a Cooling Freight Market
Monday, December 24, 2018 - 10:53am | 972Read More...FREIGHTWAVES' SONAR CHART OF THE WEEK (Dec 23 -Dec 30, 2018) Chart of the Week: Truckload Carriers' Association Best Practices Group operating ratio (SONAR:OPERAT.CFOO) Asset-based carrier operating ratios are falling into the 4th quarter despite cooling market. (SONAR chart of...
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Amazon Challenges FedEx, UPS With New Air Freight Hub
Wednesday, December 19, 2018 - 8:48pm | 717Read More...As the retail industry moves into full gear for the Holidays, Amazon (NASDAQ: AMZN) takes center stage by announcing a new hub for its burgeoning air freight fleet. The new freight hub is currently under construction at Fort Worth Alliance Airport in Texas and is expected to become operational...
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TNT Express Albatross Rears Its Head In FedEx's Rocky Q2 Results
Wednesday, December 19, 2018 - 8:31pm | 1610Read More...In January 2013, the European competition commission, the European Union's antitrust arm, came out against UPS Inc.'s (NYSE: UPS) US$6.8 billion offer to buy struggling Dutch delivery firm TNT Express. Almost immediately, an angry and frustrated UPS, which complained it was never told...
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Did Postal Reform Task Force Give Private Carriers an Early Christmas Gift?
Monday, December 17, 2018 - 5:30pm | 1139Read More...UPS Inc. has complained for decades that the US Postal Service uses its monopoly on so-called market-dominant products like first-class and marketing mail to subsidize artificially low rates on competitive products like Priority Mail and parcel deliveries. Based on recommendations from the Trump...
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UPS Praises Move To Pull US Out Of International Shipping Treaty
Thursday, October 18, 2018 - 1:44pm | 1538Read More...Continuing efforts to fight what he says are unfair trade practices, the administration of President Donald Trump announced the U.S. will pull out of the Universal Postal Union (UPU) treaty. The treaty, agreed to in 1874, sets fees for international shipping of mail and small parcels (under 4.4...
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UPS Leads List Of 10 Companies With The Most Positive Effect On Their Communities
Thursday, November 30, 2017 - 5:04pm | 502Read More...Brand perception is a great and unwieldy thing. It can propel a corporation to market dominance or send it into a tailspin that can be hard — even impossible — to recover from. With that in mind, tools like surveys can be an important part of determining how customers experience a...
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Jack Ma And UPS CEO David Abney On The China Opportunity
Thursday, June 22, 2017 - 12:13pm | 762Read More...Entrepreneurs are living through a critical time of transition in technology, business and globalization, Alibaba Group Holding Ltd (NYSE: BABA) Executive Chairman Jack Ma said Wednesday in Detroit. The companies that use the internet well in the coming years “will win,” Ma told an...
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Why Is UPS Exploring The Use Of Drones?
Monday, May 9, 2016 - 10:57am | 326Read More...United Parcel Service, Inc. (NYSE: UPS) announced on Monday that its UPS Foundation formed a partnership with Zipline, a California-based robotics company and Gavi, the Vaccine Alliance to jointly explore the use of drones to deliver life-saving medicines, blood and vaccines. The UPS Foundation is...
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UPS Delivers Impressive Q4 Results, Shares Gain
Tuesday, February 2, 2016 - 9:31am | 248Read More...Shares of United Parcel Service, Inc. (NYSE: UPS) were trading higher by more than 2.5 percent early Tuesday morning after the company reported its fourth quarter results. UPS earned $1.47 per share (Adjusted EPS of $1.57) in the fourth quarter on revenue of $16.1 billion. Wall Street analysts...
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Google, Yahoo And LinkedIn: Who Can Beat Earnings Expectations?
Sunday, January 31, 2016 - 8:41pm | 640Read More...Three Internet giants are on deck to share their latest earnings results this week. Analysts are looking for strong earnings growth from Google-parent Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) and LinkedIn Corp (NYSE: LNKD). Expectations for Yahoo! Inc. (NASDAQ: YHOO) are considerably more...
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FedEx CEO On TNT Acquisition
Tuesday, April 7, 2015 - 4:31pm | 382Read More...FedEx Corporation (NYSE: FDX) announced on Tuesday that it will be acquiring TNT Express NV – ADR (OTC: TNTEY) in a $4.8 billion deal. Fred Smith, Fedex chairman and CEO, was on CNBC recently to discuss the terms and details of the acquisition. Mutually Beneficial Deal "The UPS...
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Why The FedEx-TNT Deal Makes Sense
Tuesday, April 7, 2015 - 4:11pm | 373Read More...FedEx Corporation (NYSE: FDX) announced Tuesday that it will be acquiring European rival TNT Express NV – ADR (OTC: TNTEY) in a $4.8 billion (€4.4 billion) deal. Don Broughton, Avondale Partners's chief market strategist, was on CNBC Tuesday to explain why the deal makes sense for...
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FedEx Shoots Higher On TNT Express Acquisition
Tuesday, April 7, 2015 - 8:30am | 222Read More...Shares of FedEx Corporation (NYSE: FDX) gained more than 5 percent in the pre-market session following the company's announcement that it agreed to acquire Netherlands-based TNT Express NV (OTC: TNTEY) for nearly $4.8 billion in cash, roughly 10 percent of FedEx's market capitalization of...
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FedEx Follows UPS, Hikes Shipping Rates By 5%
Monday, January 5, 2015 - 1:05pm | 324Read More...It seems a bumper holiday shopping season resulting in excessive demand for shipping has given a new found confidence to logistics and transportation majors to raise their rates. Following in the footsteps of UPS, FedEx Corporation (NYSE: FDX) announced on Monday it is raising rates by 5 percent...
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Wal-Mart's Earnings Help Boost Dow To New Highs
Thursday, November 13, 2014 - 5:39pm | 1092Read More...U.S. stocks were mildly higher on Thursday as major indices were little changed at the closing bell. The S&P 500 and Dow both traded at new highs following Wal-Mart Stores, Inc.'s (NYSE: WMT) premarket earnings. Data from the Labor Department showed initial claims for state...













