Whopping $50bn FedEx Freight? Or?
Running the numbers
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
SEEKING ALPHA reports:
– Barclays upgrades FedEx (NYSE:FDX) to an Overweight rating after having it slotted at Equal Weight.
– The firm still sees growth opportunities for FedEx even as higher costs chip away at the bottom line.
– “Nonetheless, our focus is on future potential. We see an abundance of growth opportunities given the acceleration of ecommerce market adoption during the pandemic coupled with FedEx’s Ground network that provides the lowest cost final mile delivery of the large private US operators.”
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