Courier Industry News

Testing UPS As A Long-Term Dividend Play
Mon, 24 Jul 2017 18:15:40 GMT

United Parcel Service's near-3% dividend yield makes one wonder if something is going downhill for one of the world's largest package delivery companies. Revenue growth has been steady for the last ten years, the balance sheet look as healthy as it can be for a company that's operating in an extremely competitive and highly capital-intensive industry and there are several catalysts for future revenue growth as well.

FedEx Corporation (FDX) Stake Raised by Suffolk Capital Management LLC
Mon, 24 Jul 2017 13:46:03 GMT

Suffolk Capital Management LLC raised its stake in FedEx Corporation by 13.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission . The firm owned 85,468 shares of the shipping service provider's stock after buying an additional 9,816 shares during the period.

The Scope Of Amazon's Whole Foods Deal: Carrier's Gain Is Parcel Deliverer's Loss
Sun, 23 Jul 2017 22:59:32 GMT

The clamor about, Inc. scooping in on Whole Foods Market, Inc. has died down, although there is continuing news flow on the ramification of the news for the retail sector, especially food retailing, and other related sectors such as transportation. Morgan Stanley in a note released last Friday discussed the impact of the deal on carriers and parcel delivery companies.

United Parcel Service, Inc. (NYSE:UPS) Shares Sold by Cwm LLC
Sun, 23 Jul 2017 16:23:30 GMT

Cwm LLC reduced its position in shares of United Parcel Service, Inc. by 0.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 294,018 shares of the transportation company's stock after selling 439 shares during the period.

Erickson (NASDAQ:EAC) Receives Daily Media Sentiment Rating of 0.25
Sat, 22 Jul 2017 15:42:29 GMT

News articles about Erickson have trended somewhat positive this week, according to Accern Sentiment. Accern rates the sentiment of press coverage by monitoring more than twenty million blog and news sources in real-time.

United Bank VA Raises Position in United Parcel Service, Inc.
Sat, 22 Jul 2017 13:36:28 GMT

United Bank VA raised its stake in shares of United Parcel Service, Inc. by 26.3% during the first quarter, Holdings Channel reports. The institutional investor owned 31,910 shares of the transportation company's stock after buying an additional 6,654 shares during the period.

Roundview Capital LLC Cuts Stake in FedEx Corporation
Sat, 22 Jul 2017 13:36:27 GMT

Roundview Capital LLC lowered its position in FedEx Corporation by 0.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission . The firm owned 22,728 shares of the shipping service provider's stock after selling 30 shares during the period.

Adams Express Co Buys Bristol-Myers Squibb Company, Bristol-Myers Squibb Company, Johnson & ...
Sat, 22 Jul 2017 04:53:09 GMT

Baltimore, MD, based Investment company Adams Express Co buys Bristol-Myers Squibb Company, Bristol-Myers Squibb Company, Johnson & Johnson, Citigroup Inc, McKesson Corp, Altria Group Inc, DXC Technology Co, AT&T Inc, Pioneer Natural Resources Co, SPDR Select Sector Fund - Industrial, sells Merck Inc, Wells Fargo, NextEra Energy Inc, NextEra Energy Inc, Biogen Inc during the 3-months ended 2017-06-30, according to the most recent filings of the investment company, Adams Express Co. As of 2017-06-30, Adams Express Co owns 206 stocks with a total value of $1.7 billion.

Pennsylvania FedEx Drivers Decertify Union
Sat, 22 Jul 2017 00:18:05 GMT

FedEx Corp . subsidiary FedEx Freight announced that Croydon, Pennsylvania, city and freight drivers voted to decertify the Teamsters union as their bargaining representative.

FedEx Announces Retirement of Legal Chief Christine Richards
Fri, 21 Jul 2017 19:44:02 GMT

The company on July 20 announced the retirement of Christine Richards, executive vice president, general counsel and secretary. Her successor will be named later.

Twin-33 proponents back out of including supporting language in appropriations bill
Fri, 21 Jul 2017 15:03:12 GMT

Supporters of twin-33 tandem trailers reportedly were ready to include language to allow the longer trailers on U.S. highways in the FY2018 Departments of Transportation and Housing and Urban Development and Related Agencies Appropriations Bill during a markup session July 17, but backed out. Fleishmann's office did not respond to an e-mail inquiry asking whether he would introduce the language as part of another bill or introduce a stand-alone bill.

FedEx Corporation (FDX) Shares Bought by Comerica Securities Inc.
Fri, 21 Jul 2017 12:42:52 GMT

Comerica Securities Inc. raised its stake in FedEx Corporation by 79.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 3,232 shares of the shipping service provider's stock after buying an additional 1,433 shares during the period.

Press release distribution, EDGAR filing, XBRL, regulatory filings
Fri, 21 Jul 2017 08:12:25 GMT

Global Leukemia Therapeutics Market to Reach $2.6 Billion by 2025 - Analysis By Leukemia Type, Diagnosis, Treatment, Drugs, Route of Administration & Geography - Research and Markets )--The "Global Leukemia Therapeutics Market Analysis & Trends - Industry Forecast to 2025" report has been added to Research and Markets' offering.

Last Word: Freeze Warning, Corker on Obamacare Repeal and The Disney Example
Fri, 21 Jul 2017 05:59:05 GMT

What do you call it when you expect a lot of trouble coming from a specific direction with a detailed roadmap -- and a completely different controversy comes in from a different direction, hits and leaves a crater. Whatever you call it, that is what happened to Ole Miss football coach Hugh Freeze Thursday evening.

United Parcel Service, Inc. (UPS) Receives "Hold" Rating from Cowen and Company
Thu, 20 Jul 2017 23:11:53 GMT

A number of other analysts have also recently weighed in on UPS. Zacks Investment Research cut United Parcel Service from a buy rating to a hold rating in a research report on Tuesday, July 4th.

FedEx Corp. Executive Vice President, General Counsel and Secretary,...
Thu, 20 Jul 2017 18:19:25 GMT

FedEx Corporation today announced that Christine P. Richards, executive vice president, general counsel and secretary, will retire effective September 30, 2017. Richards, 62, has led the company's legal, regulatory, governmental affairs and security groups since 2005.

Traders Buy Large Volume of FedEx Put Options
Thu, 20 Jul 2017 13:35:11 GMT

FedEx Co. was the target of unusually large options trading activity on Monday. Investors purchased 9,583 put options on the stock.


FedEx Corporation News

Andy Murray Opens With Victory in Madrid
Tue, 09 May 2017 23:56:27 -0500
The top-ranked Murray made his debut with a straight-set victory over Marius Copil.
FedEx Extends Sponsorship of PGA Tour Through 2027
Tue, 09 May 2017 09:46:43 -0500
The renewal means that the tour playoffs, with a structure that is sometimes criticized, are unlikely to change significantly.
Commerce Dept. to Revise Growth Figures; Nike and FedEx to Announce Earnings
Sun, 18 Dec 2016 16:39:54 -0500
What?s ahead this week: The Commerce Department will release its updated predictions for the economy?s trajectory; and Nike, FedEx and Rite Aid will announce earnings.
Dustin Johnson Shares Lead, but FedEx Cup Title Is in Reach
Sat, 24 Sep 2016 20:44:06 -0500
After Johnson made three straight birdies to go up by three shots in the third round of the Tour Championship, Kevin Chappell caught up with him.
Where the Sidewalk Ends, Abruptly: Delivery Ramp Vexes Condo?s Residents in Lower Manhattan
Mon, 11 Jan 2016 19:35:07 -0500
Residents at 20 Pine Street, a condominium conversion in the financial district, are troubled by a sidewalk ramp for FedEx?s new Lower Manhattan distribution center.
FedEx Is Hit With Delays After Storms Across South
Fri, 25 Dec 2015 20:56:44 -0500
The carrier was still delivering packages on Christmas Day in some parts of the country, ?due to unforeseen volume and severe weather,? a spokesman said.
Q & A with Austin Meyer, 2015 Win-a-Trip Winner
Wed, 25 Nov 2015 10:46:39 -0500
Austin Meyer traveled to Baltimore, India and Nepal with Nick Kristof. Here’s his advice for 2016 applicants and thoughts on the trips.
Morning Agenda: Credit Suisse to Raise $6.3 Billion in Capital
Wed, 21 Oct 2015 06:20:40 -0500
A $9.8 Billion Valuation for Ferrari | Low-Income Americans Hit by RushCard Problems | JPMorgan Nears Deal to Spin Off Private Equity Unit
At 41, Jason Gore Brings a Different Look, and Sensibility, to the FedEx Cup Playoffs
Thu, 03 Sep 2015 22:14:05 -0500
Gore?s lone win on the PGA Tour was 10 years ago. Late-season momentum has carried him to the FedEx playoffs.
Tracking People Like Packages: Republicans? Inhumane Immigration Ideas
Mon, 31 Aug 2015 08:52:24 -0500
Chris Christie’s latest proposal is just one of many Republican strategies that treat immigrants like objects, diseases or invaders.
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