Tariff exposure round-up – Fedex, UPS, CH Robinson & Expeditors
…and the Class I railroads?
GXO: WORST PERFORMER WMT: NEW STUNNING RECORD KNIN: BOUNCING OFF MAERSK: STILL BEARISHKNX: YIELD BOOSTWTC: TURKISH CARGO WINGXO: HAMMEREDWMT: DEFENSIVEAAPL: AI DRIVEGXO: PRESSURE BUILDSAAPL: SUPPLY CHAIN FOCUSMAERSK: PE PORT PURCHASEDHL: GREEN PHARMA FLIGHTS
GXO: WORST PERFORMER WMT: NEW STUNNING RECORD KNIN: BOUNCING OFF MAERSK: STILL BEARISHKNX: YIELD BOOSTWTC: TURKISH CARGO WINGXO: HAMMEREDWMT: DEFENSIVEAAPL: AI DRIVEGXO: PRESSURE BUILDSAAPL: SUPPLY CHAIN FOCUSMAERSK: PE PORT PURCHASEDHL: GREEN PHARMA FLIGHTS
FedEx and UPS are to award themselves pay rises again with new handling charges for certain package sizes. Last week, FedEx added a surcharge on large packages, swiftly followed by a similar measure by UPS. As the two companies leading the market in the US, “they did it because they can” a source told Logistics Management. Do two similar announcements, within days of each other, by two hugely profitable companies in a near duopoly, amount to price signaling though?
Maersk eyes 'cut and run' moves as port congestion brings delays
More blanked sailings: 'Carriers will not sit on their hands while rates collapse'
Metals tariff rocks auto industry, and Trump smiles on bribes in foreign deals
U-turn on de minimis ban, following 'processing issues', as trade war heats up
India eyes dedicated container line to wean shippers off foreign carriers
Maersk skips call at Rotterdam as labour issues bring delay
Blanked voyages fail to halt sliding spot rates, and March GRIs will be resisted
Suez authority eyes swift return to canal, but it's 'safety first' for carriers
Comment on this article