6/26/2025

FedEx is accelerating the overhaul of its express and package delivery networks to eliminate excess capacity and improve customer service. The post FedEx to close 30% of package facilities as network integration ramps up appeared first on FreightWaves.

Source: Yahoo

6/26/2025

TORONTO, June 26, 2025 /CNW/ - Andlauer Healthcare Group Inc. today announced that the Ontario Superior Court of Justice has issued a final order approving the previously announced plan of...

Source: Finnhub

6/26/2025

UPS trades at a premium to the industry, but soft demand, high costs, and falling estimates raise near-term caution flags.

Source: Yahoo

6/26/2025

JPMorgan analyst Doug Anmuth calls Amazon his "best idea" and sees more upside ahead as logistics and automation drive long-term gains.

Source: Yahoo

6/26/2025

Source: SeekingAlpha

6/26/2025

What happened yesterday: Shell is in talks to acquire rival BP. If consummated, it would be the biggest oil deal in a generation. BP shares spiked on the news before ending the day up 1.6%. Shell shares fell about 1%.

Source: Yahoo

6/25/2025

As potential buy-the-dip targets, FedEx (FDX) and UPS (UPS) stock are very appealing in terms of value.

Source: Yahoo

6/25/2025

United Parcel Service (UPS) concluded the recent trading session at $99.37, signifying a -1.24% move from its prior day's close.

Source: Yahoo

6/25/2025

What Happened in Markets Today Shell is in talks to acquire rival BP. If consummated, it would be the biggest oil deal in a generation. BP shares spiked on the news before giving up much of that ground, ending the day up 1.

Source: Yahoo

6/25/2025

Delta is now carrying tens of thousands of packages a day—products such as Figs scrubs and Arezzo shoes—through a new parcel service introduced last year. The airline is taking advantage of unused space in the cargo holds of its planes. “We’ve taught people really well to put suitcases up in the bin,” said Jeffrey Elder, head of cargo products at Delta Air Lines.

Source: Yahoo

6/25/2025

FedEx reported better-than-expected fiscal fourth-quarter late Tuesday but struck a cautious note on the earnings call amid economic uncertainty.

Source: Yahoo

6/25/2025

The International Brotherhood of Teamsters on Tuesday issued a formal request for information to UPS on its current delivery of air-conditioned vehicles to drivers, outstanding grievances on overtime violations by the company, and the status of full-time job offers to tens of thousands of part-time workers.

Source: Yahoo

6/25/2025

FedEx expects a $170 million financial hit this quarter due to President Trump’s trade war, after a change in tariff rules crushed demand for packages shipped to the U.S. from China. In early May, the U.S. ended the de-minimis provision that had spared packages of $800 or less from duties for goods made in mainland China and Hong Kong. FedEx cut Asia-to-U.S. capacity by 35% in the first week of May.

Source: Yahoo

6/25/2025

FDX tops Q4 estimates but falls over 5% on weak guidance, shaking ETFs with high FedEx exposure like SUPL and IYT.

Source: Yahoo

6/25/2025

FDX's fourth-quarter fiscal 2025 results are aided by from cost reduction benefits from the DRIVE program initiatives, higher volume at Federal Express and higher base yield at each transportation segment.

Source: Yahoo

6/25/2025

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

Source: Yahoo

6/25/2025

(Reuters) -FedEx shares fell as much as 5.8% on Wednesday after the parcel delivery giant forecast first-quarter profit below Wall Street estimates and withheld its outlook for the year, citing uncertainty around U.S. President Donald Trump's trade policy. The lack of fiscal 2026 guidance "will be seen as a negative surprise," Morgan Stanley analysts said in a client note. The Memphis company also set its current quarter profit target below Wall Street estimates, fueling worries it will be difficult for FedEx to grow earnings per share in its fiscal year ended May 2026, financial analysts said.

Source: Yahoo

6/25/2025

FedEx’s profit forecast is sinking the stock, as tariffs weigh on shipments

Source: MarketWatch

6/25/2025

STORY: FedEx shares tumbled in after-hours trade Tuesday, dropping over 5%.The plunge came after the firm signaled caution for the year ahead, and gave a profit outlook for the current quarter that was short of market expectations.FedEx said the biggest hit came from the Trump administration’s move to end duty-free shipments for low-cost packages from China.That had previously been a huge source of business for the firm, which delivered parcels for online retailers like Temu and Shein.Speaking on an earnings webcast, Chief Executive Raj Subramaniam said the broader outlook for global demand remained “volatile”.As a result, FedEx declined to offer earnings or revenue forecasts for the full year.It cited uncertainty over U.S. trade policies, particularly with regard to China.The company is far more exposed to trade with that country than arch-rival UPS, whose shares fell less than 1%.However, the performance of both firms is closely watched by analysts, as they’re considered economic bellwethers.That’s because they work with all types of companies around the world, making them among the first to spot developing trends.The gloomy outlook from FedEx overshadowed forecast-beating results for the quarter just gone.Profit and revenue both exceeded expectations, with the firm crediting factors including cost-cutting measures.

Source: Yahoo

6/24/2025

Source: SeekingAlpha