Tariff exposure round-up – Fedex, UPS, CH Robinson & Expeditors
…and the Class I railroads?
KO: ABOUT ALL THAT TARIFF NONSENSEKO: PROCUREMENTKO: TARIFFS AND IMPACT OUTSIDE OF THE USKO: TARIFFS AND IMPACT IN THE USKO: TRADING UPDATE HD: DIY RE-PRICINGZIM: A RISING TIDE LIFTS ALL BOATSTSLA: CHINA THREATDAC: KEY REMARKSDAC: SURGING GM: SUPPLY CHAIN WOESMAERSK: ROTTERDAM TEMPORARY SUSPENSION OF OPERATIONSATSG: OWNERSHIP UPDATERXO: COYOTE FILLIP GONEGM: SUPPLY CHAIN HITBA: CUT THE FAT ON THE BONER: STEADY YIELD
KO: ABOUT ALL THAT TARIFF NONSENSEKO: PROCUREMENTKO: TARIFFS AND IMPACT OUTSIDE OF THE USKO: TARIFFS AND IMPACT IN THE USKO: TRADING UPDATE HD: DIY RE-PRICINGZIM: A RISING TIDE LIFTS ALL BOATSTSLA: CHINA THREATDAC: KEY REMARKSDAC: SURGING GM: SUPPLY CHAIN WOESMAERSK: ROTTERDAM TEMPORARY SUSPENSION OF OPERATIONSATSG: OWNERSHIP UPDATERXO: COYOTE FILLIP GONEGM: SUPPLY CHAIN HITBA: CUT THE FAT ON THE BONER: STEADY YIELD
SEEKING ALPHA reports:
FedEx Corp (NYSE:FDX) is set to offer details on its plans to reduce costs by billions of dollars in a DRIVE Program Update on Wednesday.
The program is aimed to cut $4B by the close of 2025 and is a key focus for Raj Subramaniam, who acceded to the role of CEO in 2022.
“We are right sizing our cost base to match today’s realities and creating a more efficient and agile network,” Subramaniam told analysts in March. “We’re not simply taking out cost, we are simultaneously focused on running our business more efficiently, flexibly and profitably, which will create significant value for our stockholders in the years to come.”
The full post is here.
Also worth a look: “FedEx hikes quarterly dividend by 10% to $1.26“.
Comment on this article