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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.
United Parcel is expected to announce its second-quarter earnings in August, and Wall Street forecasts a single-digit increase in its bottom line.
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
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 (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 ...
The top 25 of companies in the sector generate $502.2 billion in market capitalization.
Amazon's Low-Cost Shipping Push Raises the Stakes for UPS and FedEx
Amazon's low-cost delivery expansion could intensify competition as overnight shipping may be added in the future.
FedEx has launched a life sciences division, building on its healthcare logistics infrastructure to provide more end-to-end services. The post New FedEx life sciences unit integrates healthcare logistics capabilities appeared first on FreightWaves.
Fewer surcharges are among the tactics the service is using to gain market share after opening to all businesses earlier this year, experts said.
FedEx's steady expansion stands in sharp contrast to UPS's quarterly volatility — and the gap is widening.
FedEx is guiding for a major profit acceleration, but on its latest earnings call, analysts pressed hard on whether the growth is real or just a story of well-timed costs.
Pickles, ice chests and high-tech towels are just some of the hacks for staying cool in one of the hottest jobs.
After grounding its entire MD-11 fleet in November, the carrier began reintroducing the aircraft in May, CEO Raj Subramaniam said.
The company expects revenue to grow 4% to 6% for June 1 to Dec. 31, and said the outlook reflects its confidence in the underlying strength of the business..
<body><p>STORY: Shares of FedEx fell 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. </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 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>
Reimbursements will begin in August, says the logistics giant, whose Q4 revenue benefited substantially from Iran war-driven fuel surcharges.
The delivery giant is posting impressive sales growth, but a tangle of new expenses has investors hitting the brakes.
FedEx (FDX) shares fell early Wednesday after the company provided a calendar-year earnings outlook
Investing.com -- FedEx shares fell about 6% in after-hours trading on Tuesday after the package delivery giant issued a calendar year 2026 earnings outlook that came in below Wall Street expectations, overshadowing better-than-expected fourth-quarter results.
Freight giants have pivoted to healthcare logistics, which they see as recession-proof.
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.
Some of the largest companies in Tennessee or with state ties are seeking billions in tariff refunds from the government, but will customers see any money?
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
(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
As parcel carriers like SpeedX and Veho deploy in-house AI tools, experts say the technology could help upstarts close the gap with FedEx and UPS.
FedEx has outpaced its sector peers recently, and analysts remain moderately optimistic about the stock’s prospects.
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 ...
As part of the project, the logistics giant is offering one-to-three day service options for manufacturers amid nearshoring and tariff-driven supply chain shifts.
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