Courier Industry News

UPS move pressures retailers
Fri, 24 Nov 2017 11:02:11 GMT

Retailers are contending with a new challenge as this year's holiday shopping season heats up: extra shipping fees during the busiest weeks. United Parcel Service for the first time is tacking on a surcharge on packages shipped to homes around Black Friday and the week before Christmas, hoping to convince companies to send their orders outside those peak periods -- or to make more money from ones that must be delivered then.

FedEx worker killed in accident at Memphis hub
Fri, 24 Nov 2017 06:42:54 GMT

Cargo is unloaded from a FedEx Express Boeing 777-FS2 aircraft at the FedEx Express hub at Memphis International Airport in Memphis, Tennessee, U.S., on Friday, Dec. 11, 2009. A FedEx employee was killed early Thursday morning at the shipper's hub at Tennessee's Memphis International Airport while loading and unloading cargo from a Boeing 777, the company has confirmed to ABC News.

3 Stocks for Warren Buffett Fans
Thu, 23 Nov 2017 04:47:43 GMT

Warren Buffett's knack for finding great companies at prices that leave room for substantial appreciation, and holding their stocks for the long term, has made him one of the most successful investors in history. With such a storied track record, it's no surprise that people play close attention to his moves and aim to replicate his incredible performance.

Analysts Set United Parcel Service, Inc. (UPS) Target Price at $120.78
Wed, 22 Nov 2017 22:31:09 GMT

United Parcel Service, Inc. has earned a consensus recommendation of "Hold" from the twenty-two brokerages that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, twelve have issued a hold recommendation and seven have given a buy recommendation to the company.

You May Not Be Able to Get Your Favorite Wine This Cyber Monday
Wed, 22 Nov 2017 20:16:58 GMT

Thanks to arcane shipping laws and wholesalers fighting to stop interstate shipping, it may be best to just go have wine with your local wine shop owner. If you were thinking about pouring a glass of wine on Cyber Monday and settling in to some online shopping for your favorite bottles, think again.

UPS Workers Threaten Strike Just Before Busy Holiday Season
Wed, 22 Nov 2017 15:32:14 GMT

UPS workers are threatening to go on strike just before the busy holiday season over disputes pertaining to their healthcare benefits, Business Insider reported . About 1,300 aircraft mechanics at United Parcel Service Inc. have publicly announced their proposed strike action through a national advertising campaign that reveals the company's intentions to make massive cuts to their healthcare benefits.

Online Shopping: a Cross-Canada Holiday Tradition
Wed, 22 Nov 2017 15:32:13 GMT

The fifth annual FedEx Online Shopping Intentions survey reveals that the ease and convenience of online shopping are embraced across Only 55 per cent of respondents stated that they did any online holiday shopping in 2016. Sixty-five per cent of respondents plan to shop online this holiday season.

Korea Investment CORP Purchases 27,100 Shares of FedEx Corporation
Wed, 22 Nov 2017 13:12:21 GMT

Korea Investment CORP increased its position in shares of FedEx Corporation by 16.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 187,476 shares of the shipping service provider's stock after buying an additional 27,100 shares during the quarter.

FedEx Corporation (FDX) Shares Bought by Trust Co. of Vermont
Wed, 22 Nov 2017 13:12:20 GMT

Trust Co. of Vermont boosted its position in FedEx Corporation by 4.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission.

FedEx Corporation (FDX) Shares Sold by North Star Asset Management Inc.
Wed, 22 Nov 2017 13:12:19 GMT

North Star Asset Management Inc. reduced its stake in shares of FedEx Corporation by 1.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission . The institutional investor owned 32,503 shares of the shipping service provider's stock after selling 449 shares during the quarter.

Retailers Offer Delayed Shipping Options to Avoid Peak Charges
Wed, 22 Nov 2017 10:49:33 GMT

Retailers are contending with a new challenge as this year's holiday shopping season heats up: extra shipping fees during the busiest weeks.

Missing Pieces: Tracing Stolen Guns in California
Wed, 22 Nov 2017 08:39:21 GMT

A year-long investigation by more than a dozen NBC television stations and the nonprofit journalism organization "The Trace" identified more than 23,000 stolen guns later tied to crimes Last June, disgruntled United Parcel Service employee Jimmy Lam walked into one of the company's San Francisco facilities and opened fire on his colleagues with a Mac-10 assault pistol, a firearm illegal to own in California. The gun, according to police reports, had been previously stolen in Utah.

Packages Stolen Minutes After Delivery In SW Okc
Wed, 22 Nov 2017 04:19:05 GMT

A FedEx truck rolled into his neighborhood near SW 164th and Western around 10:30 a.m. and the driver dropped off two boxes. About six minutes later, a man strolled into the security camera frame.

Silent Circle Appoints Andy Meister, CISSP as Vice President of Engineering
Wed, 22 Nov 2017 02:02:04 GMT

Silent Circle, a pioneer in enterprise-class mobile security, privacy and compliance solutions, today announced the addition of cybersecurity professional, Andy Meister, as the company's Vice President of Engineering. Meister's extensive background in mobile software development will support the continued expansion of Silent Circle's technology portfolio with the ultimate goal of bringing privacy to any device, from any location.

Air T, Inc. (AIRT) CEO Nicholas John Swenson Buys 1,988 Shares
Tue, 21 Nov 2017 21:01:43 GMT

Air T, Inc. CEO Nicholas John Swenson bought 1,988 shares of the stock in a transaction on Monday, November 20th. The shares were bought at an average price of $21.05 per share, for a total transaction of $41,847.40.

Voya Investment Management LLC Has $48.39 Million Stake in United Parcel Service, Inc.
Tue, 21 Nov 2017 14:06:59 GMT

Voya Investment Management LLC grew its stake in shares of United Parcel Service, Inc. by 4.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission . The institutional investor owned 437,566 shares of the transportation company's stock after acquiring an additional 18,989 shares during the quarter.

UPS Dramatically Increases Use of Renewable Natural Gas
Mon, 20 Nov 2017 19:53:52 GMT

UPS today announced an agreement with Big Ox Energy to purchase 10 million gallon equivalents of renewable natural gas per year. This is the largest investment in RNG to date for the company, and the agreement runs through 2024.


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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