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FedEx is downgraded to 'hold' amid macro risks and demand struggles, despite improved margins and cost-saving initiatives.
FedEx Corp. closed 34.64% below its 52-week high of $313.84, which the company reached on July 16th.
The Friday before Easter Sunday is not a federal holiday, although some services will not operate as normal, including the ...
Good Friday 2025 is officially here. What is Good Friday? Is it a federal holiday? Are banks closed? Is the stock market open ...
U.S. parcel volumes hit a record in 2024, but new competitors like Amazon, Walmart and OnTrac are eroding the market share of ...
Today's tariffs won't likely cause an immediate jump in ocean container freight rates. (Justin Sullivan/Getty Images) The reciprocal tariffs set to be announced today by President Trump could ...
Tariffs are expected to keep the US's long-running freight recession alive. Trucking rates have been depressed since the pandemic. One truckmaker expects the trucking market to shrink 10% by year-end.
Tariffs are expected to keep the US's long-running freight recession alive ... earnings outlook for parcel sector heavyweights UPS and FedEx due to tariffs and a tough stretch of bad weather ...
Shares of FedEx Corp. FDX shed 2.33% to $205.23 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.23% to 5,062.25 and Dow ...
Following President Trump's tariff announcements, FedEx stocks have dropped over 16 ... concerns about a looming recession and prompted a stock sell-off that's impacted publicly traded companies ...
(Photo: Jim Allen/FreightWaves ... Source: Company reports FedEx’s (NYSE: FDX) LTL unit, FedEx Freight, also provided lackluster results for its fiscal quarter ended Feb. 28. Revenue was off 5.3% year ...
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