SCD: UPS, FedEx fuel surcharge hikes to heat up delivery prices
SUPPLY CHAIN DIVE reports: FedEx and UPS’ index-based fuel surcharges are adjusted weekly based on prices ...
FedEx (FDX) hammered: it’s pitch dark out there, we are riding the storm judging by reaction in after-hours trade on Thursday, and then across Asia and Europe today, after a massive profit warning from FedEx for the quarter ended 31 August (fiscal Q1 23). At least, we were warned.
The Memphis-based integrator unusually released overnight a trading update that was simply dreadful – a (preliminary) earnings miss of epic proportions that left little room to the bulls (FDX consensus: $286; before ...
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