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Stock Market & Financial Investment News

News Breaks
August 13, 2014
07:29 EDTFDX, UPSUPS, FedEx face new challenges, invest in technology to answer, FT says
Online retailing is driving up traffic volumes and the number of stops needed for both UPS (UPS) and FedEx (FDX), while also making flows harder to predict, and the shipping giants are making efficiency-boosting investments in technology to avoid a repeat of the type of issues that plagued UPS last Christmas, said Financial Times. Reference Link
News For UPS;FDX From The Last 14 Days
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May 28, 2015
07:24 EDTUPSUPS coverage resumed with a Neutral at Nomura
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07:24 EDTFDXFedEx coverage resumed with a Neutral at Nomura
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May 19, 2015
10:44 EDTUPSUPS to settle alleged civil false claims act violations for $25M
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07:22 EDTFDX, UPSUPS having success with pickup points, WSJ says
Driven by the increase in e-commerce deliveries, UPS (UPS) has been combatting failed deliveries by using package pickup points, called UPS Access Points, like local drug stores, reports the Wall Street Journal. As a result UPS, FedEx (FDX), and DHL are investing in new systems aimed at having e-commerce customers collect orders from these pickup points, the Journal adds. Reference Link

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