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LTL - FedEx's DRIVE initiative and expected cost savings key to FQ4 results

2024-06-24 12:36:22 ET

Raymond James trimmed its price target for the major less-than-truckload ( LTL ) freight carriers (FDX, SAIA, XPO, ODFL) but maintained a bullish outlook as the overall tonnage environment seems to have returned to more historical patterns given that March was the first time in more than 2 years that public LTL tonnage exceeded industrial production. ...

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FedEx's DRIVE initiative and expected cost savings key to FQ4 results
Stock Information

Company Name: ProShares Ultra Telecommunications
Stock Symbol: LTL
Market: NYSE

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