Showing posts with label FDX. Show all posts
Showing posts with label FDX. Show all posts

Saturday, June 1, 2013

How FedEx Stole UPS’ Thunder


From The Motley Fool , publication date: May 17, 2013

The second largest U.S. package delivery company, FedEx (NYSE: FDX) , and the world’s largest package-delivery company, the United Parcel Service (NYSE: UPSor UPS, have delivered contrasting results. While the former reported a rise in revenues and a sharp drop in earnings, the latter saw increasing top and bottom lines – despite the setbacks coming from the failed acquisition bid for the European package delivery giant TNT Express (NASDAQOTH:TNTEY. FedEx, however, captured global headlines due to a deal with the U.S. Postal Service even though the deal might not be as attractive as investors would have liked.