Comment / 'One FedEx' (+9.5%) greatness stands out

Happiness

ID 555043 © Melissa Dockstader | Dreamstime.com

By Alessandro Pasetti

11/06/2024

Keeping in mind that we live in a world where deflation is a relatively distant memory while inflation still prevails*, to read yesterday’s dividend hike announcement by FedEx (FDX) was quite shockingly awesome.

(*In this context, click here for Premium’s pertinent take on stagflation from January 2021.)

Far from saying Belt-Tightening FedEx… ohhh right, ’One FedEx’… offers guidance in reading the Fed cycle in cutting fed funds (here’s the pattern since 1980), what you read below is a testament to the greatness ...

Comment on this article

You must be logged in to post a comment.

Topics

DP-DHL FedEx integrated logistics UPS Supply Chain Dive

Most read news

No end to chaos in sight for shippers as Canada's port rows escalate

Cyber attack on tech provider blacks out live tracking for UK retail deliveries

Canada's west coast port employers lock out union workers set to strike

Port of Montreal set for new strike at TerMont terminals tomorrow

Ripples from standstill at strike-bound Canadian ports could spread inland

'Desperate' GRIs by carriers prop up Asia-Europe spot rates, for now

CMA CGM offers discount vouchers to fill ships out of India as exports dip

Forwarders warn shippers to expect a second ILA-USMX work stoppage

Cargo operations at Brazil's Guarulhos Airport on brink of collapse

'Strong' Q3 for Maersk as it prepares for alliance launch – but no bid for GXO

Maersk and Hapag-Lloyd line up major newbuild order to boost Gemini fleet

Air cargo carriers need to 'think items, not pallets' to profit from ecommerce

Typhoon Kong-ray creates congestion at Shanghai, Ningbo and Kaohsiung

Carriers drop calls at Hamburg after congestion builds at CTA

ONE enjoys huge profit rise – every eastbound transpac ship full

Port of Valencia slowly gets back to work after floods from rainstorms