FedEx
-
News
USPS gets $10 billion line of credit in Senate’s coronavirus relief package
The USPS received a $10 billion line of credit in the U.S. Senate version of the coronavirus relief bill. What will the U.S. House of…
Read More » -
Great Quarter, Guys podcast
Will this crisis be a defining moment for FedEx and XPO?
We discuss the different strategies FedEx and XPO use to build shareholder value.
Read More » -
Air Cargo
Courier giants help US operate pop-up virus test centers
FedEx is using its air-and-ground express network to delivery COVID-19 test specimens to labs, while UPS used its expertise to help the federal government set…
Read More » -
Today's Pickup
Today’s Pickup: Developing countries stand to lose up to 85% of their oil and gas income this year
Oil exporting countries might lose upto 85% of income this year; big 3 automakers partially close plants; Amazon suspends shipment of non-essential items.
Read More » -
Business
FedEx posts lower but in-line EPS in fiscal third quarter; net, operating income, margins down
Company suspends fiscal 2020 earnings forecast due to COVID-19 outbreak
Read More » -
News
Today’s Pickup: Amazon insourcing hurting DHL globally
Deutsche Post World has lowered its guidance for the year and cited Amazon’s continuing insourcing of logistics as a major reason. Plus, Goldman Sachs is…
Read More » -
News
FedEx announces CFO transition
Chief Financial Officer Alan Graf to retire at year-end. Corporate Vice President and Treasurer Mike Lenz to assume the role in September.
Read More » -
Fuel
-
News
Package delivery smart lock provider BoxLock secures $4.5 million funding round
Final-mile smart lock provider BoxLock announces $4.5 million funding round.
Read More » -
Business
New York City hit UPS with $23M in parking fines in 2019
FedEx paid the Big Apple $9.8 million in fines as multiple users compete for limited curb space.
Read More »