FedEx Corp. reported earnings of $2.84 per diluted share for its second fiscal quarter of 2018 ending Nov. 30, compared with the Bloomberg analyst forecast of $2.76 per diluted share. In last year’s fiscal second quarter FedEx reported earnings of $2.59 per diluted share.
December 19, 2017Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
FedEx Profits Grow 11% in Fiscal 2Q, Beating Wall Street Forecasts
Drone Tracking Plan Moves US Delivery by Air Closer to Reality
>Deliveries by drones took a step closer to being allowed in the U.S. after a federal advisory panel agreed on a framework for allowing law enforcement to routinely track the small devices.
Truck Tonnage Surges 7.6% in November
Truck tonnage surged 7.6% year-over-year in November after a 10.5% increase in October, according to American Trucking Associations.
CSX Stock Stabilizes Days After Death of CEO
CSX’s stock rose slightly Dec. 18 despite the death of the man who had been hired to bring the railroad new profitability.
UPS, FedEx Say Holiday Shipping Not Delayed by Atlanta Airport Outage
The fire that knocked out power and shut down the world’s busiest airport shouldn’t delay holiday package deliveries, two of the nation’s biggest shippers said Dec. 18.
Record Travel Projected for Christmas, New Year’s Holidays
As the Christmas song goes, “Gee, the traffic’s sure terrific.” In fact, travel experts say they believe the final holiday travel period of the year — Dec. 23 through midnight New Year’s night — will set a new record.
December 18, 2017CSX Caught Mid-Revolution by Death of Rail-Legend Harrison
With CEO Hunter Harrison’s death on Dec. 16, CSX Corp. lost the guiding hand of a railroading legend who added almost $17 billion in value in less than a year.
UPS Chief Touts Alaska Role in Asia Trade Route
UPS International President Jim Barber told an Anchorage, Alaska, group the right timing for his first trip to Alaska had come for a number of reasons, including the hub’s expanding importance in connecting to China and Asian-Pacific communities.
US Postal Service Grappling With Record Shipments This Holiday Season
Shipping services working around the clock to handle record package numbers this holiday season.
FedEx, UPS Want to Steer Santa’s Packages to the Local Drugstore
It’s that time of year again when online shopping surges and package deliveries soar -- along with costs and customer expectations.