FedEx stock leaps on upbeat profit target, possible freight unit sale
FedEx shares jumped as much as 15% on Wednesday after the delivery giant reassured investors with a bullish annual profit forecast and
Staff Writer
FedEx shares jumped as much as 15% on Wednesday after the delivery giant reassured investors with a bullish annual profit forecast and
Yemen's Houthi militants are believed to have sunk a second ship, the Tutor, in the Red Sea, the United Kingdom Maritime
Recent hostilities in the Red Sea have thrown global shippers of vital goods for a loop - but it is hardly the only issue that big carriers are facing as 2024
Roxanne Ross of Florida is one of a growing number of Americans dodging higher interest rates on credit cards by instead turning
As holiday shoppers return items purchased during Black Friday and Cyber Monday online shopping sprees, more U.S. retailers
Opponents of California's ambitious targets for electric car adoption to lower greenhouse gas emissions took their case to the U.S.
The state of Ohio on Tuesday joined oil companies and business groups asking the U.S.
The cost to ship a standard 40-foot container of toys, auto parts or other goods from Shanghai to New York has jumped to nearly $10,000, fueling frustration
Yemen's Houthi rebels hit and damaged a Singapore-flagged container ship with two missiles on Friday as they escalate attacks on global
Retailers Walmart, Target and Shein kicked off back-to-school sales early to stop Amazon.com's Prime Day event from siphoning U.S. sales of backpacks and
United Parcel Service lowered its 2024 operating margin target on Tuesday, after new e-commerce customers - identified by industry
UPS, the world's biggest package delivery courier, is the first major industry player to announce this year's holiday surcharges, unveiling hefty hikes that
Retailers are fueling a summer rush of imports to the United States this year as companies guard against a potential strike by port workers
U.S. retailers' early back-to-school, Halloween and Christmas holiday imports could lessen cargo delays and financial damage should workers at vital seaports
A potential strike at U.S. seaports on the East Coast and Gulf of Mexico could back up cargo
The Alette Maersk was the first container vessel powered by low-carbon methanol fuel to cross the Pacific Ocean - a milestone in the shipping industry's
As salvage operations began on an abandoned Greek-flagged oil tanker with deck fires still burning from Houthi rebel attacks, the
The International Longshoremen's Association union, representing 45,000 workers at major container ports from Texas to Maine, began two days of meetings
Imports of U.S. container cargo in August jumped 12.9% from a year ago as a summer volume surge delayed cargo at major ports and anxiety builds over a
U.S. presidential contender Donald Trump's plan to hike tariffs on imports if he is elected back to the White House in November would send cargo rates soaring
A threatened Oct. 1 strike by dockworkers at ports on the U.S.
FedEx reported a steep quarterly profit drop and lowered its full-year revenue forecast on Thursday after its customers continued to trade down from
Your subscription includes
Unlimited Access to All Content from
The Los Angeles Post
Your subscription has been successfully upgraded!