For more than a century, followers of Dow Theory have looked to transportation stocks as the great bellwether of broad market movement.» Read More
While many scoff at Uber's $18 billion valuation, the revenues of the taxi business and high profit margins suggest it may be worth more.
MUMBAI, June 10- Online retailers jostling for a chunk of India's $13 billion e-commerce trade are so desperate to avoid snarled roads and inefficient railways that they fly their packages in the passenger cabin of costly commercial flights.
The $17 billion valuation of taxi service Uber was eye-popping, but here's why it's justified, says Michael Yoshikami.
Outgoing UPS CEO Scott Davis, and incoming CEO David Abney discuss why the UPS board of directors chose to change leadership and the challenges facing the shipping sector.
*Expects 2nd- qtr adj profit/share $0.12- $0.13 vs est $0.21. *Expects revenue $250- $252 mln vs est $267.5 mln. Tibco, whose customers include Delta Air Lines Inc, FedEx Corp and Merck& Co Inc, estimated adjusted earnings of 12- 13 cents per share for the quarter ended June 1.
More than 40 of football's best rookies were in Los Angeles Friday at the NFL Players Association rookie premiere.
Although stocks climbed modestly on Tuesday, dig down into the market and Cramer says you’ll find fundamentally bullish developments.
*Hewlett-Packard shares soar after announcing job cuts. NEW YORK, May 23- The S&P 500 closed at a record high on Friday, buoyed by a rally in housing stocks after better-than-expected home sales and a jump in Hewlett-Packard shares a day after the personal computer maker said it would cut more jobs.
*Deutsche Post aims to help European clients expand in e-commerce. BERLIN, May 23- Deutsche Post is aiming to tap an expected surge in online shopping in developing countries by offering clients in its main European markets a service that can deal with shipping and red tape, as well as delivering to a customer's door.
Apple has cut in half the time it takes to give refunds to online store customers who want to return their iPhones and other gadgets.
SAN FRANCISCO, May 12- Apple Inc has cut in half the time it takes to give refunds to online store customers who want to return their iPhones and other gadgets, a small but crucial step to try to get more people to buy direct from its website.
CNBC's Jon Fortt and Jon Steinberg, BuzzFeed president & COO, discuss the pricing problem facing FedEx, and Amazon expanding service to Sunday.
FedEx and UPS should be more cognizant that Amazon wants to cut them out, says CNBC's Jim Cramer discussing the new age of shipping wars.
May 2- FedEx Corp, the world's second largest parcel delivery company, said FedEx Freight would raise fuel surcharge by 3 percent next month, aiming to offset an increase in costs from rising fuel prices.
Investors—some of whom have been singed by the recent setbacks—are beginning to think that the era of goodwill despite meager earnings is ending.
Silent video from NBC affiliate WXIA of a FedEx facility in Kennesaw, Georgia, where a shooter has been found dead after injuring at least six people.
The "Fast Money" traders share their final trades of the day.
The retailer is testing its own delivery network in San Francisco.
April 24- United Parcel Service Inc, the world's biggest courier company, reported a 12 percent fall in quarterly profit due to increased overtime and transport costs related to a colder-than-usual winter in the United States.
April 24- United Parcel Service Inc, the world's biggest courier company, reported a 12 percent fall in quarterly profit due to higher costs related to a colder-than-usual winter the United States. Rival FedEx Corp also blamed the harsh weather for weak third-quarter results in March and cut its fiscal-year profit forecast.