The Latest Breaking News from FedEx

VOTE: Falcons QB Kirk Cousins, WR Drake London nominated for FedEx Air & Ground Players of the Week

With the e-commerce boom and tech advancements, the logistics sector is flourishing. Amid this, watching fundamentally stable logistics stocks FedEx (FDX), Universal Logistics (ULH), and Radiant Logistics (RLGT) could be a wise move. Keep reading….

A FedEx employee in Hialeah became an internet hero after thwarting a potential package theft during a delivery on camera

Following a disappointing fiscal Q1 earnings report, FDX stock tanked. Still, with the global courier now trading at a discount, it entices smart speculation.

“I’m coming here to win," declared Denny Hamlin in a Saturday media availability. "That strategy won’t change unless the situation changes during the race.”

The prospects of the transportation market appear robust with the upcoming holiday season, infrastructure developments, rising consumer spending and improving supply chains. Thus, investing in fundamentally sound transportation stocks FedEx (FDX), Westinghouse Air Brake Technologies (WAB), and ArcBest (ARCB) could be wise. Read more.

FedEx Corp disappointed investors yesterday with a profit drop and significantly lower revenue and earnings guidance. However, the stock is now cheap and is attracting attention from value and contrarian investors.

September S&P 500 E-Mini futures (ESU24) are down -0.09%, and September Nasdaq 100 E-Mini futures (NQU24) are down -0.15% this morning as disappointing earnings results from global economic bellwether FedEx dampened optimism surrounding the outlook for interest rates, while investors geared up for the so-called triple-witching event later in the…

FedEx cites weaker than expected demand from manufacturers with many ditching priority shipping for cheaper options.