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December 27, 2013
05:56 EDTSCOR, FDX, UPSComscore: Online sales ‘softer’ than expected despite shipping rush, WSJ reports
Comscore (SCOR) released its estimates for online shopping spending during the holiday period, and it’s a mixed bag: Spending was up overall and on all the big days, and there were ten different days during the November-December period when the company estimates more than a billion dollars was spent online in a day. However, none of those ten days were in the final week of the season ending December 22, despite the late rush in shipments that caused UPS (UPS) and Fedex (FDX) to miss some of their Christmas Day deadlines, reports the Wall Street Journal. Reference Link
News For SCOR;UPS;FDX From The Last 14 Days
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April 24, 2014
16:55 EDTUPSUPS contract with IBT approved
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13:49 EDTUPS, FDXAmazon testing own delivery network, WSJ says
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08:56 EDTUPSUPS: Macro economic environment looking better in the futuer
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08:55 EDTUPSUPS: 'Best path' is to move union employees to multi-employer healthcare plans
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08:51 EDTUPSUPS sees FY14 CapEX 2.5B, expects pace of investment to accelerate in year
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08:50 EDTUPSUPS: U.S. domestic profitability lowered by $200M due to weather in Q1
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08:46 EDTUPSUPS expects US economic growth to pick up as 2014 progresses
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07:48 EDTUPSUPS reports Q1 U.S. Domestic revenue up 2.6% to $8.5B
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07:46 EDTUPSUPS sees FY14 EPS at low end of $5.05-$5.30 range
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07:46 EDTUPSUPS reports Q1 EPS 98c, consensus $1.08
Reports Q1 revenue $13.78B, consensus $13.91B. “Much of the U.S. economy was negatively affected by the severe weather conditions in the first quarter, resulting in lower UPS operating results versus the prior year,” said Scott Davis, UPS chairman and CEO. “International and the Supply Chain and Freight segment benefitted from positive momentum during the quarter as customers utilized the strategic investments made by UPS to strengthen our portfolio.”
06:16 EDTUPSTeamsters override local bargaining units for UPS contract, WSJ reports
The Teamsters union, the national union representing UPS employees, has voted to override three local bargaining units that were holding out on approving parts of a five-year national contract with the company, the Wall Street Journal reports. Reference Link
April 23, 2014
15:35 EDTUPSNotable companies reporting before tomorrow's open
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14:11 EDTUPSEarnings Preview: United Parcel Service shares up 4% since Q4 report
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05:47 EDTFDXFedEx announces Canadian retail expansion
Federal Express Canada, a subsidiary of FedEx, has announced its most comprehensive Canadian retail expansion in the company's history. An agreement has been reached with Home Hardware Stores Limited that allows individual Dealer-Owners the ability to house full-service FedEx Authorized ShipCentres within their stores. This agreement represents the largest opportunity for FedEx Express and FedEx Ground retail growth within Canada to date. In order to meet the needs of Canadian e-consumers, transportation companies are required to offer more proximate "points-of-access" options for drop-off and pick-up services. With close to 1,100 stores across Canada, Home Hardware Dealer-Owners will soon be able to offer FedEx's full suite of domestic and international shipping solutions for their respective communities.
April 13, 2014
19:35 EDTFDXNTSB launches go-team to investigate bus and truck collision in California
In response to the bus crash involving a FedEx truck last week, the NTSB issued the following press release on its website on Friday: The National Transportation Safety Board has launched a go-team to investigate a crash involving a truck that crossed over the center median of Interstate 5 and collided with a motor coach in Orland, California. Highway Safety Investigator Robert Accetta will serve as the investigator-in-charge, leading a multi-disciplinary team of NTSB personnel. NTSB Board Member Mark Rosekind is accompanying the team and will serve as the principal spokesperson during the on-scene phase of the investigation. Reference Link
April 11, 2014
10:29 EDTFDXTen people die after FedEx truck crashes into bus, USA Today says
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