SA: Saudi Arabia sovereign fund cuts FedEx stake, increases position in Prologis in Q3
SEEKING ALPHA reports: Saudi Arabia’s sovereign wealth fund in Q3 cut its stake in FedEx (NYSE:FDX), ...
ZIM: BALANCE SHEET IN CHECKZIM: SURGING TGT: INVENTORY WATCHTGT: BIG EARNINGS MISSWMT: GENERAL MERCHANDISEWMT: AUTOMATIONWMT: MARGINS AND INVENTORYWMT: ECOMM LOSSESWMT: ECOMM BOOMWMT: RESILIENCEWMT: INVENTORY WATCHDSV: GREEN LIGHT AMZN: TOP PICKLOW: PRODUCT MIXLOW: DISAPPOINTINGZIM: TRADING UPDATEWMT: RECORDWMT: SALES AND EARNINGS BEAT
ZIM: BALANCE SHEET IN CHECKZIM: SURGING TGT: INVENTORY WATCHTGT: BIG EARNINGS MISSWMT: GENERAL MERCHANDISEWMT: AUTOMATIONWMT: MARGINS AND INVENTORYWMT: ECOMM LOSSESWMT: ECOMM BOOMWMT: RESILIENCEWMT: INVENTORY WATCHDSV: GREEN LIGHT AMZN: TOP PICKLOW: PRODUCT MIXLOW: DISAPPOINTINGZIM: TRADING UPDATEWMT: RECORDWMT: SALES AND EARNINGS BEAT
SUPPLY CHAIN DIVE reports:
More prevalent FedEx and UPS surcharges are limiting the upside of the parcel carriers’ shipping discounts and creating opportunities for competitors.
The delivery giants are continuing to offer shippers lucrative shipping price cuts to grow volume in a weak demand environment while tweaking surcharges and adding new fees to claw back profitability, parcel pricing experts told Supply Chain Dive.
This year, FedEx and UPS have increased their fuel surcharge calculations, added fees in major urban areas like Chicago and San Francisco, implemented surcharges on imports through high-demand shipping lanes and announced higher peak season fees…
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