shipping

United Parcel Service Inc. (NYSE:UPS) is expanding its logistics portfolio with the introduction of two upgraded ground shipping services aimed at both home and commercial clients. The newly launched offerings include UPS Ground Saver and UPS Ground with Freight Pricing. The company plans to roll...

FedEx Corp. (NYSE:FDX) released its third-quarter results after Thursday's closing bell. Here's a look at the key figures from the quarter.  The Details: FedEx reported quarterly earnings of $4.51 per share, which missed the analyst consensus estimate of $4.54. Quarterly...

Recent statements by President Donald Trump regarding potential changes in the status of the Panama Canal have raised concerns about possible impacts on various stocks and exchange-traded funds. After all, some 4% of global trade passes through the canal, with more than 70% of that traffic bound...

United Parcel Service, Inc. (NYSE:UPS) reported its fourth-quarter results on Thursday and announced a plan to reduce its Amazon.com, Inc. (NASDAQ:AMZN) package volume by more than 50% by the second half of 2026. The announcement comes as part of a set of strategic initiatives UPS launched to drive...

FedEx Corp. (NYSE:FDX) reported its second-quarter results after Thursday's closing bell. Here's a look at the key figures from the quarter.  The Details: FedEx reported adjusted earnings of $4.05 per share, beating the $3.91 consensus estimate. Quarterly revenue came in at $22 billion,...

FedEx Corp. (NYSE:FDX) is set to report its fiscal second-quarter results on Thursday after the closing bell and analysts are expecting a decline in earnings.  What To Know: FedEx reported disappointing first-quarter results in September with adjusted earnings nearly 25% below consensus estimates....

Old Dominion Freight Line Inc (NASDAQ:ODFL) just reaffirmed its status as the gold standard in less-than-truckload (LTL) freight, according to JPMorgan analyst Brian Ossenbeck, who recently pored over insights from the 2024 Mastio Survey. Old Dominion's Playbook: The Industry's Gold Standard For 15...

Navios Maritime Partners L.P. (NYSE:NMM) shares are trading higher on Tuesday after the company reported third-quarter results. Revenue was $340.8 million, missing the consensus of $377.0 million. The company’s revenue rose 5.4%, led by the higher Time Charter...

Retailers and politicians reacted to the International Longshoremen's Association (ILA) and U.S. Maritime Alliance’s (USMX) tentative deal to end the ongoing port strike. What Happened: East Coast dockworkers went on strike Tuesday following their contract lapse with port employers. The...

The International Longshoremen's Association (ILA) initiated a strike earlier this week amid ongoing negotiations regarding wage increases and protections against automation and AI. The strike, if prolonged, could lead to supply constraints which may cause prices to rise, economists warn.These are...

The labor contract between the International Longshoremen's Association and U.S. Maritime Alliance expired overnight on Tuesday. The ILA — whose members comprise dockworkers on the East Coast — is now officially on strike. Supply chain disruptions stemming from a prolonged strike may affect...

Longshoremen are expected to drop their cargo hooks Tuesday, potentially freezing activity at some of the U.S.’s busiest ports. What Happened: According to the New York Times, a union showdown on the East and Gulf coasts with their employers could halt billions of dollars worth of goods,...

With a looming dockworkers' strike on the East and Gulf Coasts set to begin Oct. 1, major companies like Amazon.com Inc (NASDAQ:AMZN), Apple Inc (NASDAQ:AAPL), and Tesla Inc (NASDAQ:TSLA) are bracing for substantial disruptions. The strike, led by the International Longshoremen’s Association...

FedEx Corp (NYSE:FDX) could provide a look at how shipping demand is shaping up and ease analysts’ concerns about the macro environment when the company reports first-quarter financial results after market close Thursday. Earnings Estimates: Analysts expect FedEx to report first-quarter...