News - FDX

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Stay informed with the latest market news and analysis about FDX

2024-11-15


The union walked out after talks with the country’s main mail operator failed. The stoppage could disrupt deliveries before the holidays.

2024-10-05


Dockworkers suspended their strike at East and Gulf Coast ports after reaching a tentative deal, though it will take some time before the supply chain normalizes after the strike.

XLI
FDX

2024-10-04


Days after tens of thousands of longshoreman along the East and Gulf Coasts walked out, their union and their bosses reached a tentative agreement on wages.

FDX
AMZN

Dockworkers are returning to work on Friday after reaching a tentative agreement and Vice President Harris says, "this indicates progress towards a strong contract."

FDX
UPS

2024-10-01


What to know about International Longshorman's Association President Harold Daggert, the union's chief negotiator as dockworkers strike at ports across the U.S.

UPS
FDX

The labor dispute has forced President Biden and Vice President Kamala Harris into a complicated position just weeks before the election.

UPS
FDX

Shipping giant FedEx says it has launched contingency plans in order to minimize the impact of a union dockworker strike impacting dozens of U.S. ports.

Nicholas Wealth Management CEO David Nicholas explains how the port strike could affect the stock market and overall economy on 'Varney & Co.'

SPY
FDX

Transportation and warehousing sectors are poised to first feel the pinch, with a broader economic fallout expected if the strike drags on.

FDX
SPY

2024-09-30


Produce importer Peter Kopke Sr. discusses the impact of the looming strikes and what it could mean for the longshoremen as well as his customers.

SBLK
FDX
DBA

The strike is set to significantly disrupt trade, creating uncertainty ahead of the US election.

DAL
FDX

2024-09-28


Rep. Jeff Van Drew, R-N.J., says possible port strikes across America could really 'exacerbate' supply chain problems on 'The Evening Edit.'

MATX
FDX

2024-09-27


Roughly 45,000 dockworkers plan to stop working as terms of a new contract have yet to be agreed upon. Here's what you need to know about the potential work stoppage.

WMT
FDX

2024-09-20


Rate-cut euphoria is fading amid reminders of risks to growth.

INTC
FDX
NKE

Rate-cut euphoria is fading amid reminders of risks to growth.

INTC
QCOM
NKE
CEG
FDX

Rate-cut euphoria is fading amid reminders of risks to growth.

NKE
FDX

The company also lowered its financial outlook for the fiscal year ahead, projecting earnings per share between $20 and $21 versus its prior range of $20 to $22. That sent shares tumbling nearly 15%.

Rate-cut euphoria is fading amid reminders of risks to growth.

FDX
NKE

2024-09-19


The S&P 500 reached a fresh record high on Thursday, supported by the Federal Reserve's oversized rate cut and jobless claims that were below estimates.

NKE
FDX

2024-09-18


Central bank policymakers trimmed rates by 50 basis points Wednesday. Stocks initially surged, but ultimately closed lower.

LEN
FDX
DRI

2024-09-15


Investors can expect key updates on monetary policy and retail sales in the week ahead.

FDX
GIS
LEN