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Amazon’s Trucking Push Sparks New Slide in Transport Stocks
Bloomberg64d agoneutral
Amazon’s Trucking Push Sparks New Slide in Transport Stocks

(Bloomberg) -- Shares of several large trucking companies plunged on Wednesday after Amazon.com Inc. announced an expansion of its shipping service that has already shaken the transportation and logistics sector and unsettled investors.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Launches Strikes Against Iran After Helicopter Shot DownUS Strikes Iran After Helicopter Downed, Testing Peace TalksStocks Pare Tech-Led Drop as Rotation Gains Speed: Markets W

Jim Cramer Says “I’m Proud That We Held on to Our FedEx Freight”
Insider Monkey64d agoneutral
Jim Cramer Says “I’m Proud That We Held on to Our FedEx Freight”

FedEx Freight Holding Company, Inc. (NYSE:FDXF) was among the stocks Jim Cramer discussed on Mad Money, along with the recent sell-off in the market. Cramer believes it can become one of the “best operators in the world,” as he said: Today’s the day when I’m proud that we held on to our FedEx Freight, the […]

FedEx Reshapes Freight And Asia Pacific Strategy As Valuation Gap Persists
Simply Wall St.64d agoneutral
FedEx Reshapes Freight And Asia Pacific Strategy As Valuation Gap Persists

FedEx has completed the spin-off of its FedEx Freight business into an independent public company. The company has signed an air logistics partnership with China Southern Airlines focused on the Asia Pacific region. These moves reshape FedEx's corporate structure and its approach to international air network capacity. FedEx, traded as NYSE:FDX, is making structural changes at a time when its stock price stands at $331.76. The company has posted a return of 13.2% year to date and 84.7% over...

The Average American Has Worked for 6 Employers and 23% Still Have Multiple Old Retirement Accounts, Fidelity’s 2026 Study Finds
24/7 Wall St.64d agoneutral
The Average American Has Worked for 6 Employers and 23% Still Have Multiple Old Retirement Accounts, Fidelity’s 2026 Study Finds

The typical American worker now passes through six employers over a career, and each job change leaves behind a retirement account to keep track of. Fidelity’s 2026 study found that 23% of Americans with retirement accounts still have multiple balances sitting in old or current workplace plans. That fragmentation is the quiet drag on retirement ... The Average American Has Worked for 6 Employers and 23% Still Have Multiple Old Retirement Accounts, Fidelity’s 2026 Study Finds

FedEx Corp (FDX) Spins Off Freight Unit. Don’t Miss the Point
Insider Monkey66d agobearish
FedEx Corp (FDX) Spins Off Freight Unit. Don’t Miss the Point

FedEx Corp (NYSE:FDX) is one of the best stocks to buy according to billionaire Bill Gates. FedEx shares are up more than 50% over the past six months and have soared more than 85% over the past year. Analysts see more upside in the stock. On June 1, FedEx Corp (NYSE:FDX) completed the spinoff of […]

FedEx Freight Stock Is a Haven in the Market Selloff. Here’s Why.
Barrons.com68d agobearish
FedEx Freight Stock Is a Haven in the Market Selloff. Here’s Why.

FedEx Freight bucked the market trend on Friday, making it one of the best-performing stocks in the S&P 500 on a tough day for the market. Shares of the company, which spun out of FedEx on June 1, gained 6.4% on Friday, closing at $167.84, while the and fell 2.6% and 4.2%. FedEx Freight is likely avoiding the drawdown because shares are very new.

FedEx partner airline says Caribbean service at risk without FAA waiver
FreightWaves70d agoneutral
FedEx partner airline says Caribbean service at risk without FAA waiver

A FedEx air cargo contractor says it wants to use bigger aircraft on Caribbean routes, but that FAA rules governing how far the planes can fly over water jeopardize continued service. The post FedEx partner airline says Caribbean service at risk without FAA waiver appeared first on FreightWaves.

Jim Cramer Highlights FedEx’s New Spin-off
Insider Monkey70d agoneutral
Jim Cramer Highlights FedEx’s New Spin-off

FedEx Corporation (NYSE:FDX) was among the stocks Jim Cramer talked about as he discussed the recent rally in several AI-related stocks. Cramer highlighted the company’s new spin-off, as he commented: Today, the long awaited break up of FedEx finally arrived as FedEx Freight, their former, less than truckload business, began regular way trading on the […]

Commentary: Why RPS is the most successful transportation startup ever
FreightWaves71d agoneutral
Commentary: Why RPS is the most successful transportation startup ever

By Satish Jindel On Monday, FedEx Corp. spun-off its Freight division. What is left is the combined network of FedEx Express and FedEx Ground. It’s an opportune time to remember that FedEx (NYSE: FDX) would be a distant third-place parcel carrier in the U.S. market without the acquisition of RPS as part of the $2.4 […] The post Commentary: Why RPS is the most successful transportation startup ever appeared first on FreightWaves.