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As UPS makes headlines thanks to a looming strike, FedEx is (finally) getting some good publicity. When FedEx’s stock dropped 21% in a single day last year, onlookers wondered whether the carrier would bounce back. After its Q3 earnings
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What started as an online platform for selling books in 1995 has become one of the top five companies in the world by market cap. Amazon’s innovation and creativity have changed how we shop and forever altered our definition
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The effect of inflation, rising fuel costs, and the slowing of e-commerce on the shipping industry over the past year left the major carriers scrambling to cut costs without losing customers. But those challenges were caused by outside factors.
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It’s no secret that FedEx is having a rough year. After a worse-than-expected quarterly earning report in 2022, its stock plummeted 21% in one day. Demand for products and services is down as the peak COVID-era e-commerce market wanes.
Brittany ShipRx Contributor
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Last year, FedEx had a very bad, terrible, no-good day. Their preliminary earnings report for the quarter ending on August 31 was much worse than expected, prompting a one-day 21% drop in the value of the carrier’s stock.
Brittany ShipRx Contributor
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Will 2023 bring us one step closer to a Jetsons-esque future and deliveries by air? Or will regulations send us back to deliveries by truck only?
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You’ve likely put the holiday decorations away and moved from the “most wonderful time of the year” to New Year’s resolutions and the daily grind. However, one carrier is not quite ready to say goodbye to the increased rates
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While gyms and diet companies would have you believe that fitness and health-related resolutions are the best way to ring in the new year, we’d like to propose another way. Instead of joining the 80% of resolution-makers who fail
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Earlier this year, we told you about FedEx’s no good, very bad day. On September 15, FedEx shared that its end-of-quarter earnings were lower than expected. The response was swift. Stock prices dropped a staggering 21% in one day.