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Amazon has hired FedEx to handle some of its large package deliveries, the companies said Monday, weeks after UPS said it was halting its less-profitable deliveries for the e-commerce retailer and ...
According to Pitney Bowes, Amazon shipped 6.3 billion parcels in 2024, up 7.3% from the year before, and far ahead of UPS's 4.7 billion and FedEx's 3.7 billion.
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 has produced decent gains on the year, but UPS is down big and is hovering around a four-year low. Here's why both have been underperforming the S&P 500 in recent years and why both dividend ...
FedEx FDX 2.68% is expecting mixed results in its current first quarter as tariffs weigh on its international shipping business. The package-shipping company said Tuesday it logged some of the ...