-
FedEx Express Strengthens Presence In Mexico With $12M Logistics Center
Monday, October 19, 2020 - 11:07am | 576FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) recently announced it is opening a $12.3 million distribution center in León, a city in the central Mexican state of Guanajuato. The new 193,750-square-foot facility is aimed at strategically expanding FedEx Express' presence in the Bajío...
-
Morgan Stanley: FedEx's '20/20/20' Narrative Is Gone
Friday, December 21, 2018 - 2:51pm | 354Since 2017, many analysts have been bullish on FedEx Corporation (NYSE: FDX) on a "20/20/20" thesis -- $20 in EPS by fiscal 2020 that warrants a 20 times P/E multiple. Exiting FedEx's earnings report Tuesday, the "20/20/20" narrative is off the table, according to Morgan...
-
FedEx's Delivery Service Aimed at Extending Online Fulfillment Cut-Off Times
Tuesday, December 18, 2018 - 6:56pm | 360FedEx Corp. (NYSE: FDX) said it has launched a service allowing participating retailers to fulfill online orders 5 to 8 hours later than usual while providing consumers with next-day deliveries in local markets and two-day deliveries across the continental US. Through the service, dubbed "...
-
FedEx May Be In For Another Transitional Year
Wednesday, June 22, 2016 - 3:30pm | 473Bernstein 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...
-
UPS: Christmas Delivery Delays Caused by 'Perfect Storm'
Thursday, December 26, 2013 - 8:37am | 536"We're terribly sorry," United Parcel Service (NYSE: UPS) spokeswoman Natalie Black told CNN. Black’s comments were made in response to numerous complaints from customers who did not receive packages promised for delivery by Christmas. Black blamed recent severe weather in the Dallas area,...