Ravi Shanker

A Morgan Stanley (NYSE: MS) survey measuring COVID-19-related disruption in transportation markets shows "glimpses of a peak" – a peak in disruption that is. The firm's bi-weekly survey of more than 400 carriers, shippers and brokers revealed that negative expectations for conditions three months...

In late 2017, Amazon.com Inc. (NASDAQ: AMZN) launched a pilot to offer parcel deliveries to businesses outside its retail and fulfillment universe. It was thought the program would lead to the biggest transport network build-out in years, and would put Amazon in direct competition with FedEx...

Morgan Stanley (NYSE: MS) transportation equity research analyst Ravi Shanker says "risk-reward" for the freight transportation industry is "looking more balanced." In a March 23 note to clients, he upgraded his outlook for the sector from "cautious" to "in-line." While he lowered his 2020 and...

Global delivery giant FedEx Corporation (NYSE: FDX) reported third-quarter results Tuesday and withdrew its guidance for the full year. Here's how some of the Street's top analysts reacted to the announcement. The FedEx Analysts Morgan Stanley analyst Ravi Shanker maintained an...

FedEx Corporation (NYSE: FDX) shares dropped more than 10% Wednesday after the company's second-quarter earnings miss and fourth guidance cut this year. Analysts acknowledged its dilemma in a changing delivery sector, but some saw FedEx's woes as having bottomed out, with a return to a...

FedEx Corporation (NYSE: FDX) reported concerning fiscal first-quarter results, which prompted management to revise its 2020 outlook lower. FedEx earned $3.05 per share in the quarter on revenue of $17.048 billion versus expectations of $3.17 per share and $17.07 billion due to what management said...

Union Pacific Corporation (NYSE: UNP) reported second-quarter results which turned Raymond James incrementally bullish while Morgan Stanley maintained its bearish stance. The Analysts Raymond James' Patrick Tyler Brown maintains a Strong Buy rating on Union Pacific with a price target lifted...

The boom in online buying is again forcing a big shipper to expand its service, and that's going to mean more cost. FedEx Corporation (NYSE: FDX) announced on Thursday ground-parcel delivery unit FedEx Ground will add Sunday delivery, starting in January. The move comes just months after FedEx...

CSX Corporation (NASDAQ: CSX) said Tuesday afternoon CFO and executive vice president Frank Lonegro will leave the company after 19 years of service. The announcement could be seen as surprising in some ways and in other ways not so, according to Morgan Stanley. The Analyst Morgan Stanley's...

FedEx Corporation (NYSE: FDX) is scheduled to report fiscal fourth-quarter results in late June, but what's more important for investors is the company's fiscal 2020 guidance, according to Morgan Stanley. The Analyst Ravi Shanker maintains an Equal-weight rating on FedEx with an...

Canadian Pacific Railway Ltd (NYSE: CP) reported first-quarter results Tuesday that were short of already low expectations due to a worse-than-feared impact from adverse weather conditions and significant derailment and network disruption in February, according to Raymond James.  The...

Railroad company CSX Corporation (NASDAQ: CSX) beat the Street when it reported frist-quarter earnings Tuesday, but sell-side analysts have mixed opinions on its long-term outlook. CSX reported first-quarter earnings per share of $1.02, up 30 percent year-over-year and more than a dime above Wall...

Transportation and logistics company J B Hunt Transport Services Inc (NASDAQ: JBHT) reported Monday with a top- and bottom-line miss in the first quarter — results that have Morgan Stanley questioning whether they represent a "reality check" for the transportation...

FedEx Corporation (NYSE: FDX) stock dropped nearly 6 percent Wednesday after the company reported below-consensus third-quarter earnings and cut its 2019 guidance. FedEx warned that the international trade war is negatively impacting global growth. “Slowing international macroeconomic...

XPO Logistics Inc (NYSE: XPO) provided FY19 guidance Feb. 14 that reflects the departure of a large customer and a softening macro environment in Europe. This creates concerns around the forward visibility of the business, while M&A is off the table, according to Morgan Stanley. The...