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A surprise credit after an overseas purchase: The tariff refunds now flowing through shippers
Associated Press3h agoneutral
A surprise credit after an overseas purchase: The tariff refunds now flowing through shippers

Shippers including FedEx and UPS that acted as customs brokers for imported packages and received tariff refunds from the U.S. government have started to pass on those refunds to the customers that originally paid the tariffs. The refunds to consumers are the last step in a monthslong process that kicked off in February when the Supreme Court struck down sweeping tariffs implemented by President Donald Trumpin March 2025 under the 1977 International Emergency Economic Powers Act on goods from almost every country. The court ordered the government to return the tariffs it collected.

Analyst: UPS-Teamsters 2028 showdown will unleash parcel industry tsunami
FreightWaves1d agoneutral
Analyst: UPS-Teamsters 2028 showdown will unleash parcel industry tsunami

UPS’s next contract with the Teamsters union in two years will determine its own fate in parcel delivery and create monumental change at Amazon, FedEx, the U.S. Postal Service, Walmart and other couriers, according to an industry expert. The post Analyst: UPS-Teamsters 2028 showdown will unleash parcel industry tsunami appeared first on FreightWaves.

Hammond Power Solutions Q2 Earnings Call Highlights
MarketBeat11d agoneutral
Hammond Power Solutions Q2 Earnings Call Highlights

Hammond Power Solutions (TSE:HPS.A) reported record second-quarter sales as expanded manufacturing capacity supported higher shipments, particularly into U.S. data center and critical-infrastructure markets, while the company also completed its acquisition of AEG Power Solutions shortly after the qu

Carrier diversification unravels the last-mile delivery duopoly
FreightWaves14d 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.

United Parcel Service Q2 Earnings Call Highlights
MarketBeat15d agoneutral
United Parcel Service Q2 Earnings Call Highlights

United Parcel Service (NYSE:UPS) raised its full-year 2026 outlook after reporting second-quarter revenue and operating-profit growth, citing the completion of its planned reduction of lower-yielding Amazon volume, network reconfiguration efforts and gains in higher-value shipping segments. UPS rep

Investing.com15d 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.

UPS Lifts Outlook as Revenue Rises
The Wall Street Journal15d agoneutral
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.

Tech Earnings, Fed Rate Decision: What to Watch This Week
The Wall Street Journal16d 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.

Buy, Sell or Hold Before Earnings: Coca-Cola, PG, UPS
24/7 Wall St.16d agoneutral
Buy, Sell or Hold Before Earnings: Coca-Cola, PG, UPS

Three consumer giants report earnings within 48 hours, but their setups diverge so sharply that the right call on one could be the exact wrong call on another. With sentiment at a 12-month low, the guidance from each company matters far more than any headline beat.

FedEx spreads shipping fees to EU, more zip codes
FreightWaves23d 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.28d 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

US tariff refunds hit $50B, Outpacing tariff revenue
Yahoo Finance Video30d 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
TheStreet32d 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 ...