With the CrowdStrike outage having come just one day after the close of Amazon’s blockbuster Prime Day event, the eCommerce giant could see the outage impact deliveries at a critical time on the company’s calendar. In the wake of the outage, eCommerce retailers have themselves...
Both UPS and FedEx told their customers Friday (July 19) that package deliveries may be delayed due to the global Microsoft outage that began late Thursday (July 18). “A third-party software outage is impacting some UPS computer systems,” UPS said in a service alert on...
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...
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...
September 19, 2024
In some ways, FedEx is a bellwether of global trade and logistics. After all, global growth, inflation, fuel costs, interest rates, supply chain disruptions and competition are all elements that affect FedEx’s revenue, margins and strategic investments. They also each represent things all businesses need to watch out for. And as the company’s Thursday (Sept. […]
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...
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 19, 2024
Both UPS and FedEx told their customers Friday (July 19) that package deliveries may be delayed due to the global Microsoft outage that began late Thursday (July 18). “A third-party software outage is impacting some UPS computer systems,” UPS said in a service alert on its website. “While the UPS network is operating and delivering […]
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...
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...
