Shipping, First Quarter Earnings | featured news

FedEx Spooks Everyone Saying Global Economy Will Cool Significantly

FedEx scared markets in its first quarter earnings report, noting the global economy would slow and demand, particularly from Asia, would cool, putting downward pressure on the stock.

 

UPS Posts Strong Results

UPS said its first-quarter profit grew by a third on improved margins and a pickup in international shipping demand.

 

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