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Carrier diversification unravels the last-mile delivery duopoly
FreightWaves7d agoneutral
Carrier diversification unravels the last-mile delivery duopoly

Consumers now expect free delivery in 2.6 days, down from 3.4. Meeting that promise pushed more than half of retailers past FedEx, UPS and the Postal Service. The post Carrier diversification unravels the last-mile delivery duopoly appeared first on FreightWaves.

Investing.com8d agoneutral
AI concerns pressure chipmakers premarket; UPS, Carrier rise

Investing.com - U.S. stock futures were mixed on Tuesday as renewed concerns over artificial intelligence spending weighed on semiconductor stocks ahead of a pivotal week featuring mega-cap technology earnings and the Federal Reserve’s latest interest rate decision.

Tech Earnings, Fed Rate Decision: What to Watch This Week
The Wall Street Journal8d agoneutral
Tech Earnings, Fed Rate Decision: What to Watch This Week

Today Earnings (a.m.): Coca-Cola, UPS, Boeing, Sherwin-Williams, Hilton, Centene, PayPal, S&P Global Earnings (p.m.): Visa, Ford Motor, Mondelez International, Waste Management, PPG Industries, Bloom Energy, Avis Budget, Seagate Technology Economic data: Consumer confidence index, Johnson Redbook retail sales index, U.

GLP-1 Drugs Need to Stay Cold: Is it Turning Into a Real Growth Story for United Parcel Service, Inc. (UPS) and FedEx Corporation (FDX)?
Insider Monkey8d agoneutral
GLP-1 Drugs Need to Stay Cold: Is it Turning Into a Real Growth Story for United Parcel Service, Inc. (UPS) and FedEx Corporation (FDX)?

Logistics companies make money by moving packages. However, nowadays, more and more of those packages need to stay cold the entire way, and that’s becoming a real business opportunity for United Parcel Service, Inc. (NYSE:UPS) and FedEx Corporation (NYSE:FDX). Why This Is Happening Now The reason is simple, and that is more people are taking […]

FedEx spreads shipping fees to EU, more zip codes
FreightWaves16d agoneutral
FedEx spreads shipping fees to EU, more zip codes

FedEx is adding a new import fee for the European Union and increasing delivery and pickup surcharges for more than 200 zip codes, as it continues to squeeze customers for revenue by means other than general rate increases. The post FedEx spreads shipping fees to EU, more zip codes appeared first on FreightWaves.

Here Are Wednesday’s Top Wall Street Analyst Research Calls: Allstate, AMC Entertainment, Boeing, CAVA Group, Check Point Software, Digital Realty Trust, FedEx, IBM, UPS, and More
24/7 Wall St.21d agoneutral
Here Are Wednesday’s Top Wall Street Analyst Research Calls: Allstate, AMC Entertainment, Boeing, CAVA Group, Check Point Software, Digital Realty Trust, FedEx, IBM, UPS, and More

Pre-Market Stock Futures: Futures are trading higher after a nice bounce-back day for Wall Street, as a tepid June consumer price index report, combined with the President dropping the big Strait of Hormuz tolls, brought buyers back to the table. When the final bell rang, all of the major indices finished the day higher. The ... Here Are Wednesday’s Top Wall Street Analyst Research Calls: Allstate, AMC Entertainment, Boeing, CAVA Group, Check Point Software, Digital Realty Trust, FedEx, IBM, UPS

UPS (NYSE:UPS) Settles Former Driver Racial Discrimination Case After Lengthy Legal Fight
Simply Wall St.21d agoneutral
UPS (NYSE:UPS) Settles Former Driver Racial Discrimination Case After Lengthy Legal Fight

United Parcel Service settled a high profile racial discrimination lawsuit involving a former UPS driver after a multi year legal battle. The case, which initially produced a large jury award before most punitive damages were later vacated on appeal, has now been dismissed following the settlement. The resolution ends a lengthy federal dispute that raised questions about UPS's employment practices, legal risks, and reputation management. The settlement arrives as United Parcel Service,...

US tariff refunds hit $50B, Outpacing tariff revenue
Yahoo Finance Video22d agoneutralVIDEO
US tariff refunds hit $50B, Outpacing tariff revenue

Yahoo Finance's Washington Correspondent Ben Weschkul joins Market Domination to discuss the growing cost of tariff refunds after the US paid nearly $50 billion to businesses in June, almost double the revenue it collected from tariffs.

FedEx and UPS face a new pricing threat from an old rival
TheStreet24d agoneutral
FedEx and UPS face a new pricing threat from an old rival

FedEx (FDX) and UPS spent half a century as the only two names that mattered in American package delivery. They built the aircraft fleets, sorting hubs and delivery routes that turned next-day shipping into a routine promise. The company that once filled those planes and trucks with its own ...

FedEx shares fall on lower margins, concerns over Freight spinoff
Reuters Videos41d agobearishVIDEO
FedEx shares fall on lower margins, concerns over Freight spinoff

<body><p>STORY: Shares of FedEx fell&nbsp;Wednesday morning after the company posted lower margins in its core delivery segment.</p><p>That raised investor doubts about its future following the spinoff of its highly profitable trucking unit.</p><p>In a bid to focus on its delivery business, FedEx spun off its trucking unit, FedEx Freight, earlier this month.&nbsp;</p><p>The slimmed-down company is under investor scrutiny to bolster profits and reduce costs, which have climbed for employee salaries and benefits as well as for outsourced transportation and fuel.</p><p>U.S. logistics firms including UPS &nbsp;and FedEx have been battling volume decline due to changing U.S. trade policies, while the Iran war has pushed fuel prices higher.</p><p>Also weighing on volumes is the loss of duty-free "de minimis" treatment for low-value e-commerce shipments tied to China-linked discount sellers, such as Shein and Temu.</p></body>