NYSE - Nasdaq Real Time Price USD

FedEx Corporation (FDX)

263.89

-2.18

(-0.82%)

As of 11:23 AM EDT. Market Open.

UPS and FedEx find it harder to replace gas guzzlers than expected

Shipping companies like UPS and FedEx are facing uncertainty in U.S. supplies of big, boxy electric step vans they need to replace their gas guzzlers.

Autoblog 2 hours ago

FDX
-0.82%
UPS, FedEx transition to electric vans slowed by battery shortages, low supply

UPS and FedEx are facing uncertainty in U.S. supplies of big, boxy electric step vans they need to replace their gas guzzlers and make a dent in the country's climate-warming tailpipe emissions. The path to electrification by the package delivery giants is critical to U.S. President Joe Biden's transportation climate goals. Achieving that aim, however, is hampered by battery shortages that are limiting EV supplies and keeping prices high, and by startup electric van makers that are running out of money and shutting down.

Reuters 5 hours ago

FDX
-0.82%
FOCUS-UPS, FedEx transition to electric vans slowed by battery shortages, low supply

UPS and FedEx are facing uncertainty in U.S. supplies of big, boxy electric step vans they need to replace their gas guzzlers and make a dent in the country's climate-warming tailpipe emissions. The path to electrification by the package delivery giants is critical to U.S. President Joe Biden's transportation climate goals. Achieving that aim, however, is hampered by battery shortages that are limiting EV supplies and keeping prices high, and by startup electric van makers that are running out of money and shutting down.

Reuters 5 hours ago

FDX
-0.82%
FedEx Shutters 4 Ship Centers, Cutting 220 Courier Jobs

The closures and layoffs come as the package delivery giant aims to cut $4 billion in expenses by 2025, and $2 billion more by 2027.

Sourcing Journal 22 hours ago

FDX
-0.82%
15 Fastest Growing Cities in Tennessee

In this article, we will take a look at the 15 fastest growing cities in Tennessee. If you want to skip our discussion on the economy of the state, you can go directly to the 5 Fastest Growing Cities in Tennessee. Tennessee’s economy is supported by a range of sectors, including agriculture, healthcare, manufacturing, and […]

Insider Monkey 23 hours ago

FDX
-0.82%
TGT
-0.56%
HCA
Meet Terrand, the Inspiring Leader Behind the FedEx E-Commerce Learning Lab

NORTHAMPTON, MA / ACCESSWIRE / April 24, 2024 / Retail businesses need online sales in order to succeed in today's competitive market. But smaller businesses, especially those owned by women and people of color, often lack the resources or technical ...

ACCESSWIRE yesterday

FDX
-0.82%
Why Investors Need to Take Advantage of These 2 Transportation Stocks Now

Investors looking for ways to find stocks that are set to beat quarterly earnings estimates should check out the Zacks Earnings ESP.

Zacks yesterday

ARCB

FDX
-0.82%
US Postal Service to migrate air cargo to UPS during summer

UPS is working to transition U.S. Postal Service business from incumbent air cargo supplier FedEx and hire more pilots before the current contract officially ends. The post US Postal Service to migrate air cargo to UPS during summer appeared first on FreightWaves.

FreightWaves yesterday

FDX
-0.82%
UPS
-0.49%
UPS sees profit in US Postal Service work that dragged down FedEx earnings

LOS ANGELES (Reuters) -United Parcel Service expects its newly won U.S. Postal Service (USPS) air cargo contract to be profitable in its first year and throughout the more than five-year deal, after rival FedEx struggled with the business, Chief Executive Carol Tome said on Tuesday. Atlanta-based UPS will become the No. 1 USPS air cargo service provider on Sept. 30. It replaces FedEx, which was paid $1.75 billion in fiscal 2023 to provide Priority Mail and other speedy air services for the quasi-governmental agency.

Reuters yesterday

UPS
-0.49%
FDX
-0.82%
UPDATE 3-UPS sees profit in US Postal Service work that dragged down FedEx earnings

United Parcel Service expects its newly won U.S. Postal Service (USPS) air cargo contract to be profitable in its first year and throughout the more than five-year deal, after rival FedEx struggled with the business, Chief Executive Carol Tome said on Tuesday. Atlanta-based UPS will become the No. 1 USPS air cargo service provider on Sept. 30. It replaces FedEx, which was paid $1.75 billion in fiscal 2023 to provide Priority Mail and other speedy air services for the quasi-governmental agency.

Reuters 2 days ago

FDX
-0.82%
UPS
-0.49%
UPS Sees Fifth Consecutive Quarterly Earnings Decline As Delivery Giant Keeps 2024 View Steady

UPS reported better-than-expected first-quarter earnings but with revenue coming in below Wall Street predictions Tuesday. The package delivery giant also reaffirmed full-year guidance. Shares of UPS angled higher early.

Investor's Business Daily 2 days ago

FDX
-0.82%
The Ultimate Real Estate Stock to Buy With $1,000 Right Now

Prologis is a massive real estate company that trades at a rare discount after its latest earnings.

Motley Fool 4 days ago

PLD

FDX
-0.82%
FedEx pledges $25 million over 5 years in NIL program for University of Memphis athletes

FedEx on Friday pledged $25 million over the next five years to be used in sponsorship deals with University of Memphis athletes, a huge boost for the school's name, image and likeness compensation efforts. The Memphis-based shipping giant said the program will initially focus on football, men’s and women’s basketball and other women’s sports. The deal was facilitated by Altius Sports Partners, a company that works with dozens of schools on NIL activities.

Associated Press Finance 6 days ago

FDX
-0.82%
Vacation Park for Children With Special Needs Gets Makeover From FedEx Netherlands

NORTHAMPTON, MA / ACCESSWIRE / April 18, 2024 / When Marja Kienhuis, from the FedEx Express P&E European Road Network team, found out that a vacation park dedicated to helping families who need special accommodations was looking for support, she seized ...

ACCESSWIRE 6 days ago

FDX
-0.82%
15 Best Low Cost ETFs

In this article, we discuss 15 best low cost ETFs. If you want to see the top 5 low cost ETFs, head directly to 5 Best Low Cost ETFs. Beginner investors usually go for passive investing, with a focus on consistently increasing wealth over the long term with lower fees and reduced risk. In contrast, […]

Insider Monkey 7 days ago

FDX
-0.82%
^GSPC

BRK-B
Amazon Surpasses UPS in Parcel Volume For First Time, Index Says

One expert academic says Amazon is capitalizing on volume as “UPS and FedEx are focusing on yield more so than market share growth."

Sourcing Journal 7 days ago

AMZN

FDX
-0.82%
PBI
Top 15 Cities Where Gen Z is Moving in the US

In this article, we will take a look at the top 15 cities where Gen Z is moving in the US. If you want to read our discussion on the relocation trends, you can go directly to the Top 5 Cities Where Gen Z is Moving in the US. Gen Z, especially those reaching adulthood, […]

Insider Monkey 7 days ago

FDX
-0.82%
ARCB
US parcel revenue sees first decline in 7 years, report finds

An annual report from Pitney Bowes found that in 2023, U.S. parcel revenue dropped for the first time in seven years despite increased parcel volume. The post US parcel revenue sees first decline in 7 years, report finds appeared first on FreightWaves.

FreightWaves 8 days ago

FDX
-0.82%
PBI
7 Buyback Kings to Buy as Corporate Cash Floods the Market

With corporate profits at record highs, many companies are returning much of that cash to investors through share repurchase programs. You can profit from this trend by entering long-term positions in buyback stocks. Share repurchases may have their social and political critics, but from the investor’s standpoint, stock buybacks can be an effective tool for a company to maximize shareholder value. By reducing the amount of shares outstanding, repurchases can provide a lift for earnings per share

InvestorPlace 8 days ago

ADBE
-1.86%
DRI

FDX
-0.82%
FedEx Bolsters Community Support With Impactful Volunteering Efforts Across the Middle East and North Africa

Over 1,800kgs of Supplies Delivered to more than 300 beneficiaries in the United Arab Emirates and Egypt NORTHAMPTON, MA / ACCESSWIRE / April 16, 2024 / FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE:FDX) and the world's largest express ...

ACCESSWIRE 8 days ago

FDX
-0.82%

Performance Overview

Return	FDX	S&P 500
YTD	+4.84%	+5.03%
1-Year	+16.00%	+21.09%
3-Year	+0.37%	+19.84%

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FedEx Corporation (FDX)

UPS and FedEx find it harder to replace gas guzzlers than expected

UPS, FedEx transition to electric vans slowed by battery shortages, low supply

FOCUS-UPS, FedEx transition to electric vans slowed by battery shortages, low supply

FedEx Shutters 4 Ship Centers, Cutting 220 Courier Jobs

15 Fastest Growing Cities in Tennessee

Meet Terrand, the Inspiring Leader Behind the FedEx E-Commerce Learning Lab

Why Investors Need to Take Advantage of These 2 Transportation Stocks Now

US Postal Service to migrate air cargo to UPS during summer

UPS sees profit in US Postal Service work that dragged down FedEx earnings

UPDATE 3-UPS sees profit in US Postal Service work that dragged down FedEx earnings

UPS Sees Fifth Consecutive Quarterly Earnings Decline As Delivery Giant Keeps 2024 View Steady

The Ultimate Real Estate Stock to Buy With $1,000 Right Now

FedEx pledges $25 million over 5 years in NIL program for University of Memphis athletes

Vacation Park for Children With Special Needs Gets Makeover From FedEx Netherlands

15 Best Low Cost ETFs

Amazon Surpasses UPS in Parcel Volume For First Time, Index Says

Top 15 Cities Where Gen Z is Moving in the US

US parcel revenue sees first decline in 7 years, report finds

7 Buyback Kings to Buy as Corporate Cash Floods the Market

FedEx Bolsters Community Support With Impactful Volunteering Efforts Across the Middle East and North Africa

Performance Overview