Parcel shippers should continue to expect price volatility and targeted surcharges as the conflict continues, an expert said.
UPS still delivers more packages, but FedEx now has the bigger market capitalization as Wall Street rewards the company for its cost-cutting efforts.
United Parcel Service (NYSE:UPS) stock traded at $100.49 as of midday Wednesday, down nearly 11% over the past week. The drop has handed a symbolic crown to its longtime rival. In a historic moment, ...
FedEx (NYSE: FDX) and United Parcel Service (NYSE: UPS) have long served as proxies for the American economy. When packages move, consumers are spending and businesses are shipping. But over the past ...
Add Yahoo as a preferred source to see more of our stories on Google. This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply ...
FedEx lowered its full-year guidance amid weakness in the industrial economy and declining delivery volumes in the U.S. There's pressure on margins as customers are shifting to lower-cost delivery ...
A suit against FedEx for a refund of $36 in duties plus fees could expand to millions of plaintiffs if a judge certifies it ...
LOS ANGELES/SAN FRANCISCO (Reuters) - UPS and FedEx are facing uncertainty in U.S. supplies of big, boxy electric step vans they need to replace their gas guzzlers and make a dent in the country's ...
A key part of UPS' investment case is the idea that its volumes, particularly U.S. domestic volumes, will start growing again in the second half of the year -- UPS' financial year coincides with the ...
Trucking and freight stocks are on watch on Monday amid the jump in oil prices over the weekend. The group tends to struggle ...
Add Yahoo as a preferred source to see more of our stories on Google. A UPS MD-11 freighter aircraft prepares to depart Dallas-Fort Worth International Airport on Sept. 16, 2020. The aircraft, ...
FedEx could receive a short-term economic jolt from the fallout of rival UPS' failure to reach an agreement with the union representing the company’s workers. What the financial benefit for ...