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FedEx and UPS shares had fallen 21% and 28%, respectively, since the Nov. 5 election. President Donald Trump is an advocate for tariffs, and high tariffs are ...
FedEx could receive a short-term economic jolt from the fallout of rival UPS' failure to reach an agreement with the union representing the company’s workers. What the financial benefit for ...
Both UPS and FedEx have been eclipsed as the largest courier companies in the US by Amazon, which delivered more packages to US homes in recent years than both delivery giants. Amazon surpassed ...
April 1 (Reuters) - United Parcel Service (UPS.N), opens new tab said on Monday it will become the United States Postal Service's (USPS) primary air cargo provider, as rival FedEx (FDX.N), opens ...
LOS ANGELES, Oct 3 (Reuters) - U.S. retailers and other delivery customers for the first time in more than four years are easily winning discounts from United Parcel Service and FedEx, according ...
The shipping company said its businesses saw a boost from UPS’s negotiations with the Teamsters Union and Yellow Corp.’s implosion during the quarter. FedEx reported that its Express division ...
The financial terms of the contract were not disclosed but UPS said it was "significant". Shares of FedEx, which expects to see profitability improve in fiscal 2025, fell nearly 2%. UPS' stock was ...
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