The shipping carrier is calling out a growing trend that speaks volumes about the current state of the industrial economy.
The package-delivery giant said reduced demand for priority services and higher operating costs weighed on its results.
Shares in FedEx (FDX) fell after the package-shipping company cut its full-year financial outlook. Late Thursday, FedEx also ...
FedEx said a weaker industrial economy produced a “challenging” quarter that caused it to trim its outlook for later this ...
Key Takeaways FedEx shares plunged 15% Friday, a day after the package delivery giant missed quarterly estimates and reduced ...
Shipping giants FedEx and UPS shares are trading lower Friday after FedEx reported worse-than-expected quarterly results and ...
We recently compiled a list of the 7 Cheap Transportation Stocks to Buy According to Analysts. In this article, we are going ...
Despite near-term volume pressure from muted retailer restocking and soft industrial end markets, FedEx's US ground and international express delivery operations should enjoy positive longer-term ...
In the Memphis-based shipping giant's quarterly report released ... The program is a multiyear effort to improve the ...
United Parcel Service (NYSE: UPS), one of the world's largest shipping couriers, is often considered a stable blue chip stock ...
Analyst David Vernon of Bernstein maintained a Buy rating on FedEx (FDX – Research Report), with a price target of $337.00. David Vernon ...
FedEx Corp. cut the top end of its full-year profit outlook and reported quarterly earnings below expectations on softer ...