FedEx Bottom Line Declines After Company Boots Amazon
FDX stock slumps over 14% on Wednesday after the delivery company FedEx Corporation (NYSE:FDX) reported a decline in revenue and a 12% drop in operating income for the quarter ended August 31 relative to the …
FedEx Stock Reacts to Departure from Amazon Ground Deliveries
FedEx (NYSE:FDX) stock fell 3.7% on Wednesday after it announced that it will no longer make ground deliveries for Amazon (NASDAQ:AMZN). But today, FDX stock resurges, climbing 5.8% in recent hours, and trading at $164.67 …
Transportation Stocks to Round Off the Investment Portfolio for July
The global economy has always benefitted from the transportation industry. After all, this is the sector that builds the infrastructure individuals and companies need to transport goods and themselves. The relationship between the two is …
FedEx Stock Falls On China’s Investigation News: Huawei Conflict
FedEx stock is falling hard in Monday’s session due to the escalating trade conflict between the US and China.
China Probes FedEx
When a multinational company gets embroiled in one of the planet’s …
Hyperloop Tunnel Halts, as Boring Company Sued by Locals
Elon Musk had a dream to quell the traffic congestion problems of LA. That dream turned into a viable solution that took the shape of multiple underground hyperloop tunnels. These would take people out of …
Fedex Reserves 20 Tesla Semi Trucks
Yesterday, multinational courier service company Fedex Corporation (NYSE:FDX) announced that it has reserved 20 of Tesla’s (Nasdaq:TSLA) fully electric semi trucks.
The Class 8 trucks, which are set to begin production in 2019, …
Texas Bombings – Package Explodes at Texas FedEx Facility
There have been a series of Texas bombings this month, with the latest occurring inside a FedEx facility, just outside San Antonio on Tuesday, March 20.
FedEx (NYSE:FDX) Explosion: What Do We Know? …
UPS Orders 125 Tesla Trucks
UPS (NYSE:UPS) just placed the largest order of the new Tesla (NASDAQ:TSLA) Semi-electric trucks rolled out by Tesla. Just beating PepsiCo’s (NYSE:PEP) recent 100 vehicle order from a week ago, the global shipping giant pre-ordered …
UPS Believes Blockchain is the Future of the Shipping Industry
The use of blockchain technology could be a way to improve the current supply chain for deliveries, as it would be able to provide a cheaper and more efficient logistics management system. UPS (NYSE:UPS) is …
Shares of CSX Corporation Plunge After CEO Takes Medical Leave
On Friday, in premarket trade, CSX Corporation’s shares plunged. What happened? The decline started after the Jacksonville, Florida-based company announced that CEO Hunter Harrison was set to take medical leave due to unforeseen complications from …