UPS - How To Earn $500 A Month From FedEx While It Takes UPS Market Share | Benzinga
FedEx Corp (NYSE: FDX) is enjoying the spoils of United Parcel Service Inc’s (NYSE: UPS) costly labor dispute from earlier in the summer. Over the past year, shares of FedEx have climbed nearly 61%, buoyed by a promising $6 billion cost-reduction initiative.
With UPS incurring a $30 billion hit due to a five-year wage and benefit agreement, investors are now looking on FedEx to emerge as the victor in the parcel sector, Bloomberg reported.
The company also reports earnings on Wednesday after market close: here's what investors need to know.
Earnings By The Numbers: Wall Street expects FedEx to issue first-quarter earnings of ...