Jim Cramer is steering investors away from NASDAQ and toward industrial blue chips, but one of his top picks fell nearly eight dollars even after landing what he called a ridiculous, record-breaking order. Here is why he still thinks the setup is worth it.
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The FedEx CEO built a legendary career by saying yes to every opportunity that crossed his path. At 63, that same instinct could quietly wreck the one retirement move you cannot undo.
CMA CGM is buying FedEx Supply Chain for $1.4B, sharply expanding CEVA Logistics' North American warehouse and distribution footprint.
Investing.com -- Goldman Sachs initiated coverage of FedEx Freight Holding with a Buy rating and a $186 price target, implying roughly 23% upside from current levels, citing the newly independent less-than-truckload carrier’s potential to improve profitability, pricing power and cash generation following its spin-off from FedEx.
French container shipping company CMA CGM Group said Wednesday it will buy FedEx Supply Chain, the third-party logistics subsidiary of FedEx for $1.4 billion, as it works to expand in the U.S. CMA CGM Group said the acquisition will triple the size of its own logistics arm, CEVA Logistics and help build its presence as a contract logistics provider in North America. In 2025, CMA CGM pledged to invest $20 billion in its U.S. warehousing, air cargo and logistics over four years.
Investing.com -- French shipping giant CMA CGM has agreed to acquire FedEx's third-party logistics business for an enterprise value of $1.4 billion in cash, the company confirmed Wednesday, July 1, stripping FedEx of its largest warehousing and contract logistics operation in a deal that extends a sweeping restructuring of the U.S. package delivery giant.
CMA CGM will offer ocean transport and carrier services under a nonexclusive agreement with FedEx and the companies will also work together on select air-cargo capacity solutions.
Once the deal for FedEx Supply Chain is complete, the two companies also plan to solidify multiyear ocean and air freight agreements.
FedEx Freight which spun off from FedEx on June 1, beat analyst expectations for revenue in its first earnings report as a standalone company. Its fourth-quarter revenue came in at $2.4 billion, ahead of analyst estimates just shy of $2.3 billion. FedEx Freight focuses on less-than-truckload (LTL) deliveries to industrial customers that don’t need a full truck to send items short distances.
The shipping giant gives investors an insightful view into the economy, and it reports just days after a hawkish turn from the Federal Reserve.
Micron stock, a huge winner in 2025, continues to probe all-time highs amid a "supercycle" for memory and storage stocks thanks to AI demand.
The London Company released its Q1 2026 investor letter for “The London Company Large Cap Strategy”. In early 2026, US equities declined, with the Russell 3000 falling 4% and the S&P posting losses. A copy of the letter is available to download here. The year started positively with a broad rally, but sentiment reversed in […]
The company's Network 2.0 initiative can now go into full swing.
FedEx has outpaced its sector peers recently, and analysts remain moderately optimistic about the stock’s prospects.
FedEx Freight (NYSE:FDXF) shares traded around $152 on Tuesday afternoon after Bank of America initiated coverage of the newly independent less-than-truckload (LTL) carrier with a ‘Buy’ rating and a $185 price target. The initiation comes one day after FedEx Freight was spun off from FedEx...
J.P. Morgan says the separation could unlock more value for shareholders.
A consortium spearheaded by FedEx has put forward an approximately €7.8 billion (around $9.06 billion) acquisition proposal for Polish parcel locker firm InPost. The buyout proposal, initially announced in February and unanimously endorsed by InPost’s board, is anticipated to run...
The all-cash bid of €15.60 per share needs 80% of InPost shareholders to tender for the deal to close
A consortium spearheaded by FedEx (NYSE:FDX) has put forward an approximately €7.8 billion (around $9.06 billion) acquisition proposal for Polish parcel locker firm InPost. The buyout proposal, initially announced in February and unanimously endorsed by InPost’s board, is anticipated to run from May 26 to July 27. Regulatory approvals for the transaction have already been obtained in China, Israel, Italy, Turkey, and Ukraine. The European Commission and Vietnam are expected to complete their rev
Network insights from the logistics giant will help enable data-driven supplier management and boost visibility, per a news release.
Raj Subramaniam downplays fears around logistics expansion push
The changes impact various import and export shipments, including packages traveling to and from the U.S., adding to cost pressures for parcel shippers.
The Iran war is impacting FedEx operations in Dubai, which wants U.S. permission to pause flights there from Hong Kong so it doesn’t lose the right to fly that route. The post FedEx wins war waiver for Dubai cargo route appeared first on FreightWaves.