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As the holiday shopping season begins earlier and lasts longer, shipping costs are rising sharply, creating additional challenges for retailers and consumers alike as FedEx and UPS extend their surcharge windows this year. Retailers and businesses are struggling with rising costs, as shipping fees have already surged significantly in recent years.
FedEx (FDX) closed the most recent trading day at $296.69, moving -1.98% from the previous trading session.
The weak demand bedeviling package delivery companies like United Parcel Service and FedEx promises to be great news for online U.S. shoppers who want quick, on-time holiday gift delivery.
Explore the exciting world of FedEx (FDX 1.73%) with our expert analysts in this Motley Fool Scoreboard episode. Check out the video below to gain valuable insights into market trends and potential investment opportunities!
The latest trading day saw FedEx (FDX) settling at $305.15, representing a +1.73% change from its previous close.
NorthStar Courier Becomes First FedEx Service Outside of CA to Deploy Workhorse ($WKHS) W56 Step Van
Workhorse (NASDAQ: WKHS), a leading innovator in zero-emission commercial vehicles, has delivered its W56 electric step van to NorthStar Courier, a FedEx (NYSE: FDX) Ground Contract Service Provider in Minneapolis, Minnesota. This marks the first deployment of the W56 by a FedEx Ground Service Provider outside California.
CINCINNATI, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (Nasdaq: WKHS ) (“Workhorse” or “the Company”), an American technology company focused on pioneering the transition to zero-emission commercial vehicles, today announced the delivery of its W56 electric step van to NorthStar Courier, a FedEx Ground Contract Service Provider based in Minneapolis, Minnesota. The sale was facilitated by Workhorse Certified Dealer, Ziegler Truck Group.
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FedEx (FDX) closed at $295.21 in the latest trading session, marking a +0.25% move from the prior day.
FedEx Corporation (NYSE:FDX ) Baird Global Industrial Conference November 12, 2024 5:05 PM ET Company Participants Jenifer Hollander - VP of IR John Dietrich - EVP and CFO Conference Call Participants Garrett Holland - Baird Garrett Holland With that we will start for our last session of the day. Again, my name is Garrett Holland, Senior Analyst covering transportation and logistics here at Baird.