Courier customers hit by knock-on effect of Canada Post strike
The strike that has paralysed Canada Post is spilling into commercial courier traffic, as express ...
LOW: INVESTOR DAY UPS: CYCLICAL UPSIDEATSG: 'GO-SHOP' UPDATEXPO: ALL-TIME HIGH ON TAKEOVER TALKMAERSK: DIRECTIONGM: DONE WITH ITSTLA: LSP BATTERY JVDSV: ANOTHER BULL BA: BACK ONCHRW: STRENGTH AHEAD OF INVESTOR DAYCHRW: UPGRADEWMT: TAKING PROFIT DHL: ANTITRUST SCRUTINYFWRD: UPDATE
LOW: INVESTOR DAY UPS: CYCLICAL UPSIDEATSG: 'GO-SHOP' UPDATEXPO: ALL-TIME HIGH ON TAKEOVER TALKMAERSK: DIRECTIONGM: DONE WITH ITSTLA: LSP BATTERY JVDSV: ANOTHER BULL BA: BACK ONCHRW: STRENGTH AHEAD OF INVESTOR DAYCHRW: UPGRADEWMT: TAKING PROFIT DHL: ANTITRUST SCRUTINYFWRD: UPDATE
DC Velocity has written an interesting analysis of the case of Fedex, the soaring share price, and the activist investor who wants to buy a $1bn stake in “a large-capitalisation US company”. The activist, William Ackman, is involved in transport companies, and from the description he gave in a letter to Reuters, much of the market believes he’s talking about Fedex. But are they right?
Meanwhile, Fedex has also settled a lawsuit which claimed that the express operator was “systematically” overcharging customers.
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