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UPS Sells Coyote Logistics to RXO for $1B
Sourcing Journal· 6 days agoUnited Parcel Service (UPS) has sold its Coyote Logistics business for $1.025 billion, resulting in a loss of $775,000 to UPS. The buyer ...
FedEx to Shutter Four Facilities, Affecting More Than 300 Employees
Sourcing Journal· 4 days agoThe contract officially terminates at the end of September, at which point USPS will shift its...
RXO’s Coyote Deal— All About Scale
Sourcing Journal· 2 days agoThe analyst noted that the deal comes at what could be the end of a period of declining activity where the next stage is a transition to expansion. ...
FedEx climbs on cheery annual profit forecast, freight business review
The Economic Times· 4 days agoFedEx shares jumped 13% premarket on Wednesday after the delivery giant reassured investors with a...
BSNL plans to monetise 15 unused land parcels, buildings | Mysuru News - Times of India
The Times of India· 3 days agoSpeaking to reporters at the BSNL office in Jayalaksmipuram, he said that BSNL has taken up an e-auction of the property situated at Vishwa Manava Double Road in Kuvempu...
Dow closes at a one-month high as investors broaden portfolios
CNBC Awaaz· 5 days agoThe Dow rallied on Monday to a one-month high, while the Nasdaq tumbled over 1% as investors rotated...
FedEx Stokes Investors With Hint of a Freight Deal
Livemint· 3 days agoFedEx Corp. dropped a bomb on the market Tuesday afternoon with the announcement that it will do an “assessment” of its freight unit. Investors seemed to like the move, pushing up the shares ...
FedEx eyes fiscal 2025 profit just above Wall St target, shares soar
The Economic Times· 4 days agoFedEx on Tuesday forecast fiscal 2025 profit above analysts' estimates, and shares in the delivery...
