On the surface, FedEx Corp. (NYSE: FDX) looks like the best investment in the freight industry. On a valuation basis, it trades at a discount to UPS and the rest of the industry, plus it has a pristine balance sheet.
FedEx is in the middle of an ambitious restructuring plan to improve profitability by $1.6 billion annually by 2016. The company has already made impressive strides in increasing efficiency through better matching its network capacity to customer ...
FedEx Corporation (NYSE: FDX ) reported another quarter of strong earnings growth last week. Revenue rose 5% to $11.9 billion and EPS soared 36% to $2.14, due to a combination of margin expansion and a lower share count.
FedEx Corporation (NYSE:FDX) Freight announced that union representation elections were held at its locations in Parkersburg and Charleston, West Virginia, last week resulting in two more losses for the union.