FedEx

UPS expands drone operations, healthcare and e-commerce services

FedEx Express [NYSE: FDX] on Friday used an unmanned aerial vehicle instead of a truck for last-mile residential deliveries on behalf of pharmacy retailer Walgreens. The Oct. 18 deliveries were made by Wing, a subsidiary of Google parent company Alphabet, in Christianburg, Virginia, under a pilot program authorized by the U.S. Federal Aviation Administration (FAA). […]

UPS has entered the flat-rate pricing game, trying to do things differently than its chief rival.

FedEx Freight goes national for its last-mile heavy freight deliveries

Now Goldman thinks that ISM data won’t turn positive until Q2 2020.

FedEx, Walgreens add returns services to portfolio

Commercial airplane deliveries at The Boeing Co. [NYSE: BA] nose-dived by two-thirds in the third quarter compared to the same period in 2018 and by almost half year-to-date, according to figures released by the company Oct. 8. The plunge in sales is largely due to the March grounding by regulators of the next-generation 737 MAX […]

This means that customers can ship or drop off packages while they shop for yarn or Halloween decor.

Agency envisions using trucks as launch point for last-mile customers.

In wake of poor q1 results and a massive decline in share price, questions arise as to whether FedEx’s issues are cyclical or structural

FedEx posts lousy fiscal q1 results but insists that the long-term outlook remains bright

FedEx passes on peak season surcharges but will hit the outsized stiff hard. Rates also to rise for 2020 services.

The Justice Department has asked the express carrier’s lawsuit to be dismissed, stating that it should be up to Congress and not the court to decide if the Export Administration Regulations apply.

“Aggressive” management style has led to driver abuse, senators claim.

UPS to hire 100k employees for peak season, and will expand tuition reimbursement plan

China has begun probe into charges FedEx handled restricted knives bound for Hong Kong

FedEx acquires Colombian freight forwarder, customs broker

FedEx Freight expands its last-mile delivery network to 19 US markets

The summer doldrums were broken violently by an escalation in the U.S.-China trade war and tweets

Fed policy talk and China’s retaliatory tariffs couldn’t spook the markets. It was the President’s tweets that sent the markets into a tailspin. With tariff increases on the horizon, we can be somewhat certain that more uncertainty and volatility will likely ensue for the transportation stocks.