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Trucking Earnings: Why UPS Is Falling Behind in a Robust Market
FreightWaves6d agobearish
Trucking Earnings: Why UPS Is Falling Behind in a Robust Market

SummaryView Transcript While the freight market shows resilience, UPS earnings paint a different picture, raising questions about Amazon’s impact and the carrier’s restructuring. Meanwhile, truck OEMs like PACCAR are reporting strong performance, indicating robust demand and favorable pricing ahead. Christopher Versace breaks down the Q2 earnings season in logistics and transportation. UPS stock sold off […] The post Trucking Earnings: Why UPS Is Falling Behind in a Robust Market appeared first

AMZNUPS
UPS Lifts Outlook as Revenue Rises
The Wall Street Journal8d agobearish
UPS Lifts Outlook as Revenue Rises

United Parcel Service raised its full-year outlook after revenue climbed in the second quarter, as the company said its years-long restructuring efforts are bearing fruit.

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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>

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