FedEx Corp is a global logistics and transportation company that provides a wide range of delivery services, including overnight shipping, freight transportation, and supply chain solutions. With a comprehensive network that spans across the globe, FedEx facilitates the timely movement of goods for businesses and consumers, offering innovative solutions that enhance efficiency and reliability. The company’s various segments focus on different aspects of logistics, such as express shipping, ground transportation, and e-commerce solutions, making it a vital player in connecting markets and enabling commerce worldwide.
Donald Trump is considering privatizing the U.S. Postal Service to address its financial losses and mounting liabilities, with discussions involving key figures like Elon Musk and Vivek Ramaswamy.
GXO Logistics stock plunged after rejecting buyout offers and announcing CEO Malcolm Wilson's retirement. Analysts still see potential upside for GXO stock.
U.S. stocks paused for a breather Tuesday, with major equity indices hovering near the flatline as investors digested global developments, including China’s ban on key raw material exports to the U.S.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Hub Group (NASDAQ:HUBG) and the rest of the air freight and logistics stocks fared in Q3.
Envirotech delivered two demonstration electric vans to FedEx partners in Connecticut, resulting in estimated monthly savings of $1,800 and zero emissions.
Looking back on air freight and logistics stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including United Parcel Service (NYSE:UPS) and its peers.
Apple CEO Tim Cook's strategic rapport with Donald Trump during his presidency, characterized by direct, data-driven discussions, helped Apple navigate trade tariffs and tax reforms, setting an example other tech leaders are reportedly emulating.
While the S&P 500 is up 11.2% since May 2024, Shyft (currently trading at $13.42 per share) has lagged behind, posting a return of 5.2%. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the air freight and logistics industry, including GXO Logistics (NYSE:GXO) and its peers.
