Industry News

Nike Inc. (NKE) and FedEx Corp. (FDX) stocks are in focus as billions of dollars in tariff refunds reshape corporate balance sheets following the Supreme Court’s ruling against a key Trump tariff policy. While Nike stands to retain nearly $1 billion in earnings, FedEx plans to return its roughly $8…

If you bought something from an overseas vendor last year, it might be time to check your bank account. Shippers including FedEx and UPS...

The agency's transportation expenses increased year over year in Q3 as it shifted some volume to air cargo handled by UPS.

FedEx is closing ship centers in Palm Springs and Victorville, laying off over 100 workers.

Handelsbanken Fonder AB lifted its holdings in FedEx Corporation (NYSE:FDX - Free Report) by 9.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 115,179 shares of the shipping service provider's stock after buying an additional 9,783…

This year, officials from the OIG made trips to the Mount Rushmore State. Since then, Rounds said nothing has changed.

Federal Express has announced plans to layoff a total of 173 workers at facilities throughout Southern California as part of a pandemic-era reorganization announced in 2022.

UPS’s next contract with the Teamsters union in two years will determine its own fate in parcel delivery and create monumental change at Amazon, FedEx, the U.S. Postal Service, Walmart and other couriers, according to an industry expert.

Amazon is expanding its logistics footprint on Maryland’s Eastern Shore with a new last-mile delivery facility in Salisbury that could support... Read More…