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Ariel Rosa, Senior Analyst at Citi, says transport stocks like UPS and FedEx could surge as shipping rebounds. He sees rising demand, pricing power, and margins driving the sector higher.
FedEx had severed its relationship with Amazon in 2019 because of rising competition between the two companies.
Amazon will outsource delivery of large packages to FedEx in a deal that should prove more profitable on a per-shipment level than shipments under the companies’ partnership that ended six years ago.
FedEx’s new deal comes nearly six years after its express business dropped Amazon, and about four months since archrival UPS ...
Following a layoff announcement from UPS, reports this week indicate that the online retail giant is partnering with FedEx to ...
At the end of the day, the brunt of the tariffs will fall on US consumers, especially lower-income ones who rely on ...
Several changes at the United States Postal Service will impact residents in the Springfield area and could impact the state.
Scalable automation systems reshaping how industries approach automation through its patented, hardware-agnostic solutions.
As the U.S. and China negotiate a trade deal, Trump has lowered a levy on “de minimis” low-value packages, such as online ...
The United States has reduced 'de minimis' tariffs on low-value shipments from China to 30%, per a White House directive.
A report stated that Amazon has tapped FedEx to be a partner for the delivery of select large packages to homes, citing an ...
The order lowering 'de minimis' levies offers some relief to big Chinese e-commerce players Shein and Temu and follows a weekend tariff deal between Beijing and Washington.