RTR: FedEx Express unveils plan to lay off up to 6,300 employees in Europe
REUTERS reports: – FedEx Corp’s express unit on Tuesday announced a plan to lay off between ...
SEEKING ALPHA reports:
– XPO Logistics (NYSE:XPO) pops into the middle of the day news flow with an earnings report.
– The company reports Q3 revenue ($4.22B vs. $3.86B consensus), EPS ($0.84 vs. $0.39 consensus) and adjusted EBITDA ($439M vs. $352M consensus) above consensus marks.
– CEO update: “Supply chain outsourcing is accelerating, and e-commerce continues to be a huge tailwind for us, particularly in contract logistics and last mile. We grew our last mile revenue by 11% in the quarter, year-over-year, by leveraging ...
RTR: DB Schenker suspends UK-bound shipments to clear backlog of incorrect documents
MW: Johnson & Johnson hits vaccine production snags, New York Times reports
BNN BBG: Couche-Tard said to explore purchase of Carrefour
General Motors launches BrightDrop (...) to electrify/improve delivery of goods & services
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