FedEx Corp. reported earnings of $2.84 per diluted share for its second fiscal quarter of 2018 ending Nov. 30, compared with the Bloomberg analyst forecast of $2.76 per diluted share. In last year’s fiscal second quarter FedEx reported earnings of $2.59 per diluted share.
December 19, 2017Search
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Drone Tracking Plan Moves US Delivery by Air Closer to Reality
>Deliveries by drones took a step closer to being allowed in the U.S. after a federal advisory panel agreed on a framework for allowing law enforcement to routinely track the small devices.
December 19, 2017Truck Tonnage Surges 7.6% in November
Truck tonnage surged 7.6% year-over-year in November after a 10.5% increase in October, according to American Trucking Associations.
December 19, 2017CSX Stock Stabilizes Days After Death of CEO
CSX’s stock rose slightly Dec. 18 despite the death of the man who had been hired to bring the railroad new profitability.
December 19, 2017UPS, FedEx Say Holiday Shipping Not Delayed by Atlanta Airport Outage
The fire that knocked out power and shut down the world’s busiest airport shouldn’t delay holiday package deliveries, two of the nation’s biggest shippers said Dec. 18.
December 18, 2017CSX Caught Mid-Revolution by Death of Rail-Legend Harrison
With CEO Hunter Harrison’s death on Dec. 16, CSX Corp. lost the guiding hand of a railroading legend who added almost $17 billion in value in less than a year.
December 18, 2017UPS Chief Touts Alaska Role in Asia Trade Route
UPS International President Jim Barber told an Anchorage, Alaska, group the right timing for his first trip to Alaska had come for a number of reasons, including the hub’s expanding importance in connecting to China and Asian-Pacific communities.
December 15, 2017Hardworking Drivers Key to UPS Delivering 750 Million Packages This Holiday Season
Technology has made it easier than ever to buy gifts online and track the spoils of your spending spree as they make their way from retailers’ warehouses to your doorstep in time for the holidays.
December 15, 2017CSX CEO Hunter Harrison Takes Medical Leave
Hunter Harrison has taken a medical leave from his position as CEO and president of CSX, the company announced Dec. 14. The railroad gave no details other than saying the leave was due to “unexpected complications from a recent illness.â€
December 15, 2017FedEx, UPS Want to Steer Santa’s Packages to the Local Drugstore
It’s that time of year again when online shopping surges and package deliveries soar -- along with costs and customer expectations.
December 15, 2017