Retailers grapple with soaring fuel surcharges to ship online orders [Business News Network (BNN) (Canada)]
FedEx Corporation (FDX)
Last fedex corporation earnings: 3/17 04:03 pm
Check Earnings Report
US:NYSE Investor Relations:
fedex.com/us/investorrelations
Company Research
Source: Business News Network
The additional charge is sending the cost of shipping goods within Canada higher, topping 40 per cent for some carriers. For stores with high online return rates, such as apparel and footwear companies, the increased cost of shipping can be especially challenging. So far, most companies are trying to absorb the extra domestic shipping charges, Retail Council of Canada spokeswoman Michelle Wasylyshen said. With inflation squeezing consumers and an ongoing battle for online dollars, she said retailers are reluctant to pass on costs. "Retail is one of the most competitive industries in Canada, so raising minimum free shipping thresholds or adding surcharges to consumers directly is often done as a last resort," she said. "Retailers would prefer to find savings elsewhere." Higher domestic shipping costs come as international freight costs finally begin to stabilize. Retailers have basically traded more reasonable international container freight rates for higher shipping wit
Show less
Read more
Impact Snapshot
Event Time:
FDX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FDX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FDX alerts
High impacting FedEx Corporation news events
Weekly update
A roundup of the hottest topics
FDX
News
- FedEx Shutters 4 Ship Centers, Cutting 220 Courier Jobs [Yahoo! Finance]Yahoo! Finance
- 15 Fastest Growing Cities in Tennessee [Yahoo! Finance]Yahoo! Finance
- Meet Terrand, the Inspiring Leader Behind the FedEx E-Commerce Learning Lab [Yahoo! Finance]Yahoo! Finance
- US Postal Service to migrate air cargo to UPS during summer [Yahoo! Finance]Yahoo! Finance
- Reverse Logistics Global Market Report 2024: A $900+ Billion Industry by 2028 - Long-term Forecasts to 2033 Featuring Major Players - Deutsche Post DHL, UPS, FedEx, Schenker, Kuehne + Nagel [Yahoo! Finance]Yahoo! Finance
FDX
Earnings
- 3/21/24 - Beat
FDX
Sec Filings
- 4/9/24 - Form 4
- 4/9/24 - Form 144
- 4/8/24 - Form 4
- FDX's page on the SEC website