FedEx is reportedly expected to spin off its Freight unit after it conducts an assessment of the future of that business unit. The company’s Freight unit, which is the largest operator in the less-than-truckload (LTL) sector, could bring a windfall to FedEx shareholders if it...
FedEx saw its volume continue to stabilize during the quarter ending May 31 after experiencing year-over-year declines. In May, its FedEx Express U.S. domestic package volume was down 1% year over year, while its FedEx Ground was up 1%, its FedEx Express international export was...
UPS is looking to returns and big-and-bulky deliveries to expand its addressable market at a time when its shipping volumes have been decreasing. The company saw a slower rate of decline in shipping volumes during the first quarter while still facing a challenging macroeconomic environment,...
One if by land, two if by sea — headaches, that is. With the recent news that, after 22 years of partnership, UPS is replacing FedEx as the primary air cargo provider for the United States Postal Service (USPS), air transport is now top of...
July 01, 2024
It was a flat week at the end of a flat month for Wall Street as well as the CE 100 Index. The week ending June 28 saw a slight gain in value with a 0.4% uptick led by gains in the “Move,” “Banking” and “Enablers” pillars. For the month of June the CE 100 […]
March 25, 2024
The CE 100 Index was up nearly 2%, capping a week that saw most pillars gain ground. DraftKings surged 13%, leading the “Have Fun” segment 2% higher for the week. ...
September 22, 2023
Wall Street’s focus on FedEx has been trained on cost cutting, and as we profiled here in the immediate wake of earnings, investors have cheered the efforts, pushing the shares higher....
July 02, 2023
June’s over, and thus far, two quarters in, the year’s been notably strong for the CE 100 Index. All indices were in the black, again, this past week, continuing a...
June 26, 2024
FedEx is reportedly expected to spin off its Freight unit after it conducts an assessment of the future of that business unit. The company’s Freight unit, which is the largest operator in the less-than-truckload (LTL) sector, could bring a windfall to FedEx shareholders if it were spun off as a separate publicly traded company, The […]
June 25, 2024
FedEx saw its volume continue to stabilize during the quarter ending May 31 after experiencing year-over-year declines. In May, its FedEx Express U.S. domestic package volume was down 1% year...
April 23, 2024
UPS is looking to returns and big-and-bulky deliveries to expand its addressable market at a time when its shipping volumes have been decreasing. The company saw a slower rate of...
March 18, 2024
FedEx and Amazon reportedly engaged in discussions last year about a potential partnership to handle the increasing volume of eCommerce returns. Although no deal was reached, the talks underscore the shifting dynamics in...
