David Vernon

As ransomware attacks affect A.P. Moller - Maersk A/S (OTC: AMKBY) container shipping business (the second largest in the world) and FedEx Corporation (NYSE: FDX), Bernstein analyst David Vernon sees an opportunity to capitalize on the trend. “Details on these events remain unclear, but these...

The ongoing surge in e-commerce activity is directly correlated with the increase in demand for residential delivery of items bought online. Analysts at Bernstein took a deep dive look into what impact the e-commerce sector will have on parcel deliveries to consumers buying more items online today...

The period of subsidized growth in e-commerce seems to be nearing its end, which has “significant implications” for delivery companies like United Parcel Service, Inc. (NYSE: UPS) and FedEx Corporation (NYSE: FDX), as well as online retailers like Amazon.com, Inc. (NASDAQ: AMZN),...

Media reports of a pilot strike at Charter Airline, a subsidiary of Air Transport Services Group Inc. (NASDAQ: ATSG), have “longer reaching implications” for FedEx Corporation (NYSE: FDX) and United Parcel Service, Inc. (NYSE: UPS) and cost implications for Amazon.com, Inc. (NASDAQ:...

The airline industry has not been able to generate yield gains above inflation over the last decade. While there seem to be opportunities for the industry to drive better pricing, the segment remains competitive, making it difficult to support “a multiyear period of super-inflationary pricing...

Railroad operators have reported slight improvement in the overall volume trend across the board, along with intermodal growth, Bernstein said as part of its weekly carload summary. Lead analyst David Vernon noted the 4W average volume growth is 1–4 percent higher than the 13W average growth...

Expecting a rebound in fundamentals, Bernstein maintains its Outperform rating on Union Pacific Corporation (NYSE: UNP) despite a third-quarter EPS miss and cautious commentary on pricing. Union Pacific’s third-quarter EPS came in at $1.36, which was 2.9 percent below the street and 4.3...

Bernstein said FedEx Corporation (NYSE: FDX) may be in for another transitional year following a mixed bag of results and outlook. The global package delivery company's fourth-quarter adjusted EPS and sales topped the Street's view as more consumers shopped online. But, the mid-point of its fiscal...

In the past, Amazon.com, Inc. (NASDAQ: AMZN)’s explosive growth had been good news for shippers United Parcel Service, Inc. (NYSE: UPS) and FedEx Corporation (NYSE: FDX). However, as Amazon grows, it will continue to be become less reliant upon FedEx and UPS. No Need To Worry, Says Bernstein...

The share price of FedEx Corporation (NYSE: FDX) has declined 15.59 percent over the last six months, from $184.98 on June 11. Bernstein’s David Vernon has maintained a Market Perform rating on the company, while lowering the price target from $168 to $160. Vernon believes that the...