Courier Industry News

Loring Wolcott & Coolidge Fiduciary Advisors LLP Ma Has $407,000 ...
Mon, 23 Oct 2017 10:25:28 GMT

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA cut its position in shares of United Parcel Service, Inc. by 16.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,688 shares of the transportation company's stock after selling 710 shares during the quarter.

Is America's airline industry headed for a major pilot shortage?
Sun, 22 Oct 2017 23:24:51 GMT

A cockpit view of a United Parcel Service 767-300 aircraft at Los Angeles International Airport in Los Angeles, California, U.S., June 24, 2016. REUTERS/Bob Riha, Jr - RTX2I3FN in late July.

'Tyler Perry's Boo 2' Is No. 1 Amid a Plethora of Duds
Sun, 22 Oct 2017 19:08:47 GMT

A sassy church lady, a group of elite firefighters, an alcoholic detective, some do-gooder Texans and a renegade scientific genius walked into multiplexes on Friday. "Tyler Perry's Boo 2! A Madea Halloween," with Mr. Perry reprising his gun-toting, moralizing granny, took in about $21.7 million at North American theaters over the weekend.

Strategic Advisors LLC Has $465,000 Holdings in FedEx Corporation
Sun, 22 Oct 2017 12:55:22 GMT

Strategic Advisors LLC boosted its stake in shares of FedEx Corporation by 16.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,138 shares of the shipping service provider's stock after buying an additional 306 shares during the period.

Evanoff: Amazon hunt for second headquarters shows Memphis' strength, weaknesses
Sat, 21 Oct 2017 17:51:43 GMT

If it comes down to low business costs, Memphis is in the running. If it comes down quality of life, we stand a chance.

Zacks: Brokerages Expect FedEx Corporation (FDX) Will Post Earnings of $2.88 Per Share
Fri, 20 Oct 2017 23:13:40 GMT

Wall Street brokerages expect FedEx Corporation to announce earnings of $2.88 per share for the current quarter, according to Zacks . Nine analysts have made estimates for FedEx Corporation's earnings, with the lowest EPS estimate coming in at $2.65 and the highest estimate coming in at $3.04.

FMCSA Issues Two Commonsensical ELD Exemptions
Fri, 20 Oct 2017 21:03:25 GMT

Having decided to grant part of a United Parcel Service request for a limited 5-year exemption from some provisions of the electronic logging device mandate, the Federal Motor Carrier Safety Administration will now allow all motor carriers - not just UPS - and drivers to make use of two new temporary exemptions from the ELD rule. The first exemption will temporarily permit the use of portable "driver-based" ELDs to record engine data "only when the driver is in a CMV and the engine is powered."

Somewhat Positive Media Coverage Somewhat Unlikely to Impact Air T (AIRT) Stock Price
Fri, 20 Oct 2017 16:42:45 GMT

News articles about Air T have been trending somewhat positive recently, according to Accern Sentiment. Accern rates the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time.

Italy's MBE Worldwide Buys Alphagraphics
Fri, 20 Oct 2017 16:42:44 GMT

Utah-based Alphagraphics Inc., a franchising chain of quick print shops, announced October 4 that Italy-based MBE Worldwide has acquired 100 percent of the franchising firm for $61 million. MBE Worldwide was founded in 1993 in Italy as an international sub-franchisor for San Diego-based franchisor Mail Boxes Etc.

XPO Logistics adding 6,000 holiday workers on e-commerce outlook
Fri, 20 Oct 2017 14:34:40 GMT

XPO Logistics Inc said on Friday it is hiring more than 6,000 seasonal workers for the crucial peak holiday season, roughly 20 percent more than last year, as the third-largest publicly traded U.S. logistics company gears up for a surge in e-commerce deliveries. XPO's previously undisclosed plans reflect higher expectations for shipping demand for the holiday rush, which starts a day after Thanksgiving and continues into early January.

When It Comes to Innovating, Ask for Forgiveness, Not Permission
Thu, 19 Oct 2017 15:21:41 GMT

The answer is easy, but subtle: permissionless innovation, a strong presumption in favor of allowing experimentation with new technologies and with new business platforms that use those technologies. A lot has been written about why this vague concept is so powerful .

FedEx tops 4Q forecasts with boost from online shoppers
Thu, 19 Oct 2017 15:21:40 GMT

FedEx Corp.'s latest quarterly profit beat Wall Street expectations thanks to higher rates and an increase in deliveries, as the company continues to benefit from the growth in online shopping. Executives on Tuesday predicted record business during the holiday season later this year, and said they are considering surcharges to offset higher costs.

Amazon's HQ2 Deadline: Now the Real Competition Begins
Thu, 19 Oct 2017 13:05:24 GMT

The deadline to submit proposals for Inc.'s second headquarters, dubbed HQ2, has arrived, and about 100 cities are expected to compete for the project. Amazon's preferences for HQ2, which will cost more than $5 billion and create 50,000 jobs over the next two decades, include a metropolitan area with a population of more than 1 million, access to mass transit and the potential to attract and retain technical talent. The company has said it won't make a decision until next year, but speculation is sure to reach new heights now that the bids are in. Here are 10 cities that may have the best shot at the prize.

Ups Ceo says updated Nafta better for economy than no trade treaty
Wed, 18 Oct 2017 19:33:09 GMT

The top executive of United Parcel Service Inc said on Wednesday he is optimistic the U.S., Canadian and Mexican governments can successfully renegotiate NAFTA, and said not having a free trade agreement in place would not be good for the three countries' economies. FILE PHOTO: CEO of UPS David Abney listens to U.S. President Barack Obama answer questions from business leaders while at the quarterly meeting of the Business Roundtable in Washington, December 3, 2014.

South Dakota Investment Council Has $10.45 Million Stake in FedEx Corporation
Wed, 18 Oct 2017 10:34:04 GMT

South Dakota Investment Council decreased its stake in FedEx Corporation by 34.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission . The firm owned 48,095 shares of the shipping service provider's stock after selling 25,100 shares during the period.

United Parcel Service, Inc. (UPS) Holdings Trimmed by Cadence Capital Management LLC
Wed, 18 Oct 2017 10:34:03 GMT

Cadence Capital Management LLC lessened its holdings in shares of United Parcel Service, Inc. by 24.7% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 88,579 shares of the transportation company's stock after selling 29,114 shares during the quarter.

RiverPoint Capital Management LLC Trims Holdings in United Parcel Service, Inc.
Wed, 18 Oct 2017 10:34:02 GMT

RiverPoint Capital Management LLC lowered its position in United Parcel Service, Inc. by 79.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,422 shares of the transportation company's stock after selling 37,180 shares during the quarter.


FedEx Corporation News

Andy Murray Opens With Victory in Madrid
Tue, 09 May 2017 23:56:27 -0500
The top-ranked Murray made his debut with a straight-set victory over Marius Copil.
FedEx Extends Sponsorship of PGA Tour Through 2027
Tue, 09 May 2017 09:46:43 -0500
The renewal means that the tour playoffs, with a structure that is sometimes criticized, are unlikely to change significantly.
Commerce Dept. to Revise Growth Figures; Nike and FedEx to Announce Earnings
Sun, 18 Dec 2016 16:39:54 -0500
What?s ahead this week: The Commerce Department will release its updated predictions for the economy?s trajectory; and Nike, FedEx and Rite Aid will announce earnings.
Dustin Johnson Shares Lead, but FedEx Cup Title Is in Reach
Sat, 24 Sep 2016 20:44:06 -0500
After Johnson made three straight birdies to go up by three shots in the third round of the Tour Championship, Kevin Chappell caught up with him.
Where the Sidewalk Ends, Abruptly: Delivery Ramp Vexes Condo?s Residents in Lower Manhattan
Mon, 11 Jan 2016 19:35:07 -0500
Residents at 20 Pine Street, a condominium conversion in the financial district, are troubled by a sidewalk ramp for FedEx?s new Lower Manhattan distribution center.
FedEx Is Hit With Delays After Storms Across South
Fri, 25 Dec 2015 20:56:44 -0500
The carrier was still delivering packages on Christmas Day in some parts of the country, ?due to unforeseen volume and severe weather,? a spokesman said.
Q & A with Austin Meyer, 2015 Win-a-Trip Winner
Wed, 25 Nov 2015 10:46:39 -0500
Austin Meyer traveled to Baltimore, India and Nepal with Nick Kristof. Here’s his advice for 2016 applicants and thoughts on the trips.
Morning Agenda: Credit Suisse to Raise $6.3 Billion in Capital
Wed, 21 Oct 2015 06:20:40 -0500
A $9.8 Billion Valuation for Ferrari | Low-Income Americans Hit by RushCard Problems | JPMorgan Nears Deal to Spin Off Private Equity Unit
At 41, Jason Gore Brings a Different Look, and Sensibility, to the FedEx Cup Playoffs
Thu, 03 Sep 2015 22:14:05 -0500
Gore?s lone win on the PGA Tour was 10 years ago. Late-season momentum has carried him to the FedEx playoffs.
Tracking People Like Packages: Republicans? Inhumane Immigration Ideas
Mon, 31 Aug 2015 08:52:24 -0500
Chris Christie’s latest proposal is just one of many Republican strategies that treat immigrants like objects, diseases or invaders.
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