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FedEx Earnings Due: A Milestone Report After Massive Transformation
Investor's Business Daily42d agoneutral
FedEx Earnings Due: A Milestone Report After Massive Transformation

FedEx prepares to release earnings for its fiscal fourth quarter after Tuesday's market close, its first report after executing a momentous structural transformation. FedEx stock dropped near a buy point, and rival UPS also lost grund. The restructuring included spinning off FedEx Freight, its less-than-truckload business, earlier this month.

A Dramatic Fed Pivot Just Unlocked a New Era of Growth for UPS
24/7 Wall St.55d agoneutral
A Dramatic Fed Pivot Just Unlocked a New Era of Growth for UPS

The Fed’s pivot to 3.75% has revived the bull case for cyclical income stocks, and United Parcel Service (NYSE:UPS) sits at the center of that narrative. With shares at $103.26 and a yield north of 6%, the question for retirees is simple: can UPS actually keep paying? The Dividend at a Glance Metric Value Annual ... A Dramatic Fed Pivot Just Unlocked a New Era of Growth for UPS

Amazon’s Trucking Push Sparks New Slide in Transport Stocks
Bloomberg56d 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

Costco and UPS issue bold message on tariff refunds
TheStreet62d agoneutral
Costco and UPS issue bold message on tariff refunds

Billions of dollars in tariffs are heading back to importers. And some of America's biggest companies are making clear they won't be keeping the money. Costco Wholesale and United Parcel Service are among the companies that have stepped forward with direct commitments to pass tariff refunds on to ...

USPS, DHL partner in a $10 billion 'last-mile' delivery agreement
Associated Press68d agoneutral
USPS, DHL partner in a $10 billion 'last-mile' delivery agreement

The United States Postal Service said Thursday it reached a $10 billion deal to provide “last-mile” package delivery services for DHL eCommerce, an arm of German package services provider DHL. The USPS said in December it intended to open its last-mile delivery network to large and small shippers, expanding beyond current arrangements with Amazon and UPS. Postmaster General David Steiner said in a call with reporters that since the USPS delivers to 170 million locations six days a week, “we are the best last-mile provider by default.”

The Former Air Force Pilot Who Was Allegedly Recruited to Train China’s Military
The Wall Street Journal73d agoneutral
The Former Air Force Pilot Who Was Allegedly Recruited to Train China’s Military

Gerald Eddie Brown soared the skies for more than three decades, flying jet fighters for the U.S. Air Force and traveling the world as a commercial aviator. Then, after a faceoff with a UPS captain, he lost his pilot license. Brown saw his chance in 2023, when at the age of 63, he got an offer to put his military experience to use in China, prosecutors say.

NTSB: Flaw that led to engine flying off UPS plane grew unnoticed under relaxed inspection schedule
Associated Press76d agoneutral
NTSB: Flaw that led to engine flying off UPS plane grew unnoticed under relaxed inspection schedule

A UPS plane crash that killed 15 people last year might have been prevented if an original inspection schedule hadn't been relaxed, but mechanics didn't get a close look at the parts that should have kept an engine from flying off its wing because federal regulators allowed Boeing to recommend checking them less frequently, according to testimony Wednesday. The National Transportation Safety Board's questions also drew out that Boeing relied on older data when it asked to extend the inspection schedule in 2015, and didn't seem to account for seven instances on other planes of the same model when the key engine mount parts were failing. The Federal Aviation Administration, for its part, approved the request after a month's review without seeking more information.

BofA Just Picked FedEx Stock as One of Its Best Ideas: Logistics Giant Joins the US 1 List
24/7 Wall St.86d agoneutral
BofA Just Picked FedEx Stock as One of Its Best Ideas: Logistics Giant Joins the US 1 List

Bank of America has added FedEx (NYSE:FDX) to its “US 1 List,” a collection of its best investment ideas. The move, announced May 11, is a high-conviction symbolic signal even without a fresh price target attached. For long-term investors, the inclusion reframes FedEx stock as one of Wall Street’s preferred industrial transformation plays heading into ... BofA Just Picked FedEx Stock as One of Its Best Ideas: Logistics Giant Joins the US 1 List

Amazon Is Coming For Trucking Stocks. Don’t Overreact.
Barrons.com89d agoneutral
Amazon Is Coming For Trucking Stocks. Don’t Overreact.

For logistic companies, or for logistics investors, it is time to stay calm and carry on. Monday, Amazon com sent a shock wave through the market by announcing Amazon Supply Chain Services, or ASCS, essentially opening up to outside customers the logistics network it built to support its retail business.