Loop Capital cut its ratings on FedEx and UPS in response, warning of higher prices and reduced transportation volumes.
FedEx (NYSE:FDX) stock tumbled 3.5% today after rival United Parcel Service Inc. (NYSE:UPS) released a revenue forecast that fell short of market expectations, signaling weaker demand in the parcel ...
UPS, FedEx and other home delivery providers have been slashing costs since the end of home-bound consumers' early pandemic e-commerce binge in late 2021. Amazon.com has taken over the largest ...
United Parcel Service struggles with declining revenue and profit margins, with a significant stock drop due to strategic decisions. See why UPS is a Hold now.
FedEx remains the largest employer in Memphis, with over 32,000 employees, according to MBJ research. In December, FedEx announced plans to spin off its less-than-truckload segment FedEx Freight into ...
Will banks, post offices and shipping services be open on MLK Day? Here's what you need to know for Monday, Jan. 20.
These new tariffs could make it worse. Why tariffs are particularly bad news for UPS, Forward Air, and FedEx According to data from S&P Global Market Intelligence, FedEx does 72% of its business ...