FW: Lawmaker blames FedEx pressure and Trump bungling for de minimis U-turn
FREIGHTWAVES reports: Democratic U.S. Rep. Rosa DeLauro on Wednesday criticized President Donald Trump for flip-flopping on ...
SEEKING ALPHA reports:
Saudi Arabia’s sovereign wealth fund in Q3 cut its stake in FedEx (NYSE:FDX), while boosting its position in Prologis (NYSE:PLD).
The Public Investment Fund (PIF) disclosed the information in its latest 13F filing for the three months ended September 30, 2024, published on Thursday.
PIF slashed its holdings in parcel delivery giant FedEx (FDX) by 21.2% to 498K shares in Q3 from 632K in Q2. The global economic bellwether posted a quarterly top- and bottom-line miss and lowered its annual guidance in September. Its ...
Volcanic disruption at Anchorage could hit transpacific airfreight operations
Shippers snap up airfreight capacity to US ahead of tariff deadline
Forwarders stay cool as US 'liberation day' tariffs threaten 'global trade war'
New price hikes may slow ocean spot rate slide – but for how long?
Tighter EU import requirements proving 'a challenge' for forwarders
Supply chain delays expected after earthquake hits Myanmar
Looming Trump tariffs will create 'a bureaucratic monster' for Customs
Comment on this article