Expeditors International of Washington Inc
Where FedEx Stock Could Be Heading
FedEx (FDX) has fallen significantly over the last year, and the trend is likely to continue for the stock as its fiscal 2020 earnings outlook fell short of analysts’ expectations. As of its June 25 closing price of $155.98, the stock has lost 33.5% of its value in the past year.
FedEx Appoints Don Colleran as Express President and CEO
FedEx announced yesterday that it had appointed Don Colleran to be president and CEO of its Express division.
FedEx Plunges 2.5% after President and COO Bronczek Resigns
Shares of FedEx fell 2.5% on February 15 after the company revealed that its president and COO, David Bronczek, had decided to step down.
Ryder System Consolidates Position with New Maintenance Facility
On September 20, Ryder System announced the opening of a new full-service maintenance facility in Reading, Pennsylvania.
Unfolding Genesee & Wyoming’s Europe Traffic Slump in August
In August, Genesee & Wyoming’s (GWR) rail traffic in Europe reported a 1.8% year-over-year decline.
C.H. Robinson Worldwide’s Q3 Dividend and Its History
C.H. Robinson Worldwide (CHRW) declared a quarterly cash dividend of $0.46 per share on August 9, maintaining its 25-year payout streak.
Why Genesee & Wyoming’s UK-European Rail Traffic Slumped in July
Genesee & Wyoming’s (GWR) UK-European total railcar volumes declined 1% YoY (year-over-year) in July.
Analyst Recommendations for EXPD after Second-Quarter Earnings
Of the 14 analysts covering EXPD stock, ten of them have recommended a “hold,” and one has recommended a “buy.”
How EXPD’s Customs Brokerage Segment Fared in the Second Quarter
The robust second-quarter growth in the Customs Brokerage segment’s revenue was mainly driven by higher shipments.
Expeditors International Beat Q2 Estimates, Stock Zigzags
Expeditors International of Washington (EXPD) beat analysts’ adjusted EPS estimate of $0.78 by $0.01 for the second quarter.
EXPD’s Second-Quarter Earnings Beat Estimates, Stock Zigzags
Expeditors International of Washington (EXPD) reported its Q2 earnings on August 7. Adjusted EPS was $0.79, beating the $0.78 estimate.
Analysts’ Recommendations for XPO Logistics before Q2 Earnings
Currently, 20 analysts are covering XPO stock. Four (20%) of them are bullish and have rated it a “strong buy.”
J.B. Hunt Transport’s ICS Segment’s Revenue Growth
J.B. Hunt Transport Services’ (JBHT) ICS (Integrated Capacity Solutions) segment reported blockbuster growth in the second quarter.
Why Analysts Recommend ‘Hold’ for CHRW
Of the 22 analysts covering C.H. Robinson Worldwide (CHRW), four (18%) have recommended “strong buy,” three (14%) have recommended “buy,” 12 (54%) have recommended “hold,” and three (14%) have recommended “sell.”
Analyzing C.H. Robinson’s Stock Trends
In the last ten years, C.H. Robinson Worldwide (CHRW) has raised its dividend per share from $0.88 to $1.84 and has paid dividends consistently.
Inside C.H. Robinson’s Competition and Growth Strategy
C.H. Robinson Worldwide (CHRW) is the largest third-party logistics provider in the world.
C.H. Robinson: Solid Business Growth through Acquisitions
C.H. Robinson Worldwide (CHRW) went public in 1997. Soon after, the company went on an acquisition spree to further its business interests in new geographies.
Why XPO Logistics Stock Is Trending Upward in 2018
XPO Logistics (XPO) is the third-largest road carrier in the United States based on fleet size.
Comparing UPS’s Dividend Yield with Its Peers
United Parcel Service’s (UPS) forward dividend yield of 3.1% is the highest in its peer group.
Expeditors International’s Blockbuster 1Q18 Sends Stock up 8%
The United States’ premier road transportation (JBHT) company, Expeditors International of Washington (EXPD), announced its 1Q18 earnings today.
Will C.H. Robinson Worldwide Beat Revenues in 1Q18?
Analysts polled by Thomson Reuters estimate that C.H. Robinson Worldwide (CHRW) will report revenues of $3.8 billion in 1Q18.
C.H. Robinson’s Stock Performance ahead of 1Q18 Earnings
C.H Robinson Worldwide (CHRW), a 113-year-old trucking company, is set to announce its 1Q18 earnings on May 2.
How XPO Logistics Views Its Global Forwarding Business
XPO provides global forwarding services for domestic, international, and cross-border shipments and views this as a $150.0 billion industry.
How FedEx’s Dividend Yield Stacks Up to Its Peers
FedEx has a far lower forward dividend yield of 0.82% than UPS’s at 3.2%.
FedEx Stock before Fiscal 2Q18 Earnings Release
FedEx (FDX) is slated to announce its fiscal 2Q18 earnings after the market closes on December 19, 2017. On December 12, FDX stock closed at $238.60, hovering near its 52-week high of $241.30.
Why J.B. Hunt’s ICS Revenues Posted Solid Growth in 3Q17
J.B. Hunt’s Integrated Capacity Solutions segment reported a 16% YoY (year-over-year) rise in 3Q17, reaching $269.0 million, compared with $233.0 million in 3Q16.
Why EXPD’s Operating Margins Declined in 2Q17
While EXPD’s revenues grew 13.4% in 2Q17, its operating expenses rose 16%.
Why EXPD’s Airfreight Segment’s Revenues Climbed in 2Q17
In 2Q17, EXPD’s Airfreight revenues rose 15.4% to $671.8 million from $582.1 million in 2Q16.
Expeditors International Meets 2Q17 Earnings Estimate, Stock Fell 5.3%
Expeditors International of Washington (EXPD) announced its 2Q17 earnings on August 8. The logistics company’s adjusted earnings per share fell 5% to $0.63 in 2Q17 compared with $0.63 in 2Q16.
Why FedEx Beat Analysts’ Earnings Estimates in Fiscal 4Q17
On June 20, 2017, parcel delivery and logistics giant FedEx (FDX) announced its fiscal 4Q17 results. The company reported adjusted EPS (earnings per share) of $4.25.
Coyote Acquisition Drives UPS’s Supply Chain Revenues in 4Q16
In 4Q16, UPS’s International segment’s revenue rose 2.6% to ~$2.7 billion from ~$2.6 billion in 4Q15.
UPS’s 4Q16 Domestic Revenues Rode on Ground Growth
In 4Q16, UPS’s Ground Service revenues saw remarkable growth, rising 7.1% on a year-over-year basis—the highest among all three subsegments.
Expeditors International Missed Earnings, Stock Fell 3.2%
On November 8, 2016, Expeditors International of Washington (EXPD), a major US-based logistics company, announced its 3Q16 earnings.
Will 3D Printing Supplement or Replace UPS’s Warehousing?
UPS’s Supply Chain & Freight segment UPS (UPS) operates in three segments. The Supply Chain & Freight segment contributed roughly 16% of the company’s total revenues in 2015. Of this segment’s total revenues, forwarding and logistics operations contribute 63%. The company’s warehousing operations’ revenues are included in this forwarding and logistics business. UPS’s warehousing offerings […]
UPS’s US Domestic Segment’s 2Q16 Revenue Rides on B2C Growth
UPS’s US Domestic Package segment’s revenue rose by 2.4% in 2Q16 on a year-over-year basis. The segment’s revenue rose to $9.0 billion in 2Q16.
Coyote Drives UPS’s Supply Chain and Freight Revenue in 2Q16
In 2Q16, UPS’s Supply Chain and Freight segment’s revenue rose by 13.2% to $2.5 billion compared to $2.2 billion in 2Q15.
Will UPS Deliver a Higher Dividend Payout in 2016?
UPS’s market cap as of August 1, 2016, was $94.7 billion. The stock’s closing price on the same day was $107.8.
Should We Expect Higher Dividends from UPS in 2016?
United Parcel Service rewards its stockholders through regular dividends and share repurchases. The company has paid regular cash dividends since 1969.
How Coyote Acquisition Drove UPS’s Supply Chain & Freight Segment
UPS’s Supply Chain & Freight segment includes Forwarding & Logistics, Freight, and Other. In 1Q16, the segment’s revenue increased 10.4% to $2.4 billion, from $2.1 billion in 1Q15.
Why Are We Seeing Red Flags for the Parnassus Asia Fund?
From a purely net asset value return standpoint, Parnassus Asia Fund Investor Shares (PAFSX) was firmly at the bottom of its peer group both for the one-year period ending March 31, 2016, and for 1Q16.
Performance Breakdown of the Parnassus Asia Fund (PAFSX)
In NAV (net asset value) terms, in the one-year period ending January 2016, the Parnassus Asia Fund (PAFSX) was the worst-performing fund among our nine.
UPS Missed 4Q15 Revenue Estimates but Beat Earnings Estimates
United Parcel Service (UPS) reported 4Q15 earnings on February 2, 2016. The company missed analyst revenue estimates but beat earnings estimates.
Consumer Spending May Drive US Economy to Grow at 2.5% in 2016
The US economy contributes about 25.2% towards global GDP. In 3Q15, the US economy grew at an annualized rate of 2.1% due to an increase in consumer spending.
How Is FedEx Valued Compared to Its Peers?
Currently, FedEx’s (FDX) forward PE ratio stands at 13.53x. Its current PE ratio is 34.8.
Analysts Optimistic about FedEx despite Reducing 2Q16 Estimates
Of the 28 analysts rating FedEx stock, 57.1% (16 analysts) have a “buy” rating, 42.9% (12 analysts) have a “hold” rating, and no analysts have a “sell” rating.
What Is FedEx Management’s Outlook for the Future?
FedEx continues to see growth in the global economy. It expects the US GDP to grow by 2.4% in 2015 and by 2.6% in 2016, driven by increased consumer spending.
FedEx Ground: Delivering on E-Commerce Growth
FedEx Ground is being driven by the booming growth in e-commerce, and it contributed to 35% of the company’s revenues but 44% of its profits.
FedEx Express Segment’s Profits Increased despite Revenue Decline
For fiscal 2Q16, FedEx’s Express segment reported revenues of $6.59 billion as compared to $7.02 billion in fiscal 2Q15, which was a 6% year-over-year decline.
How FedEx’s Stock Performed in Expectation of the Holiday Season
In the last three months of the year, marking the peak holiday season, FedEx’s (FDX) stock has declined by 4.5%.
Declining Export Orders, Production Levels Slowed US Manufacturing
The US manufacturing PMI fell to 52.8 in November, a decline of 1.3 points from October’s reading of 54.1. This is one of the weakest readings since October 2013.
Rises in New Orders and Production Boosted US Manufacturing
According to the Institute for Supply Management, the manufacturing purchasing managers’ index stood at 50.1 in October 2015.
Production and New Orders Look Positive for Manufacturing in October
Although the global climate remains challenging, manufacturing is still poised to grow strongly with October increases in new orders and production.
What’s the Future Outlook for FedEx?
FedEx expects to see a higher capex of about $4.6 billion due to higher investment in the continued expansion of the FedEx Ground networks.
Analyzing FedEx’s Financial Condition at the End of 4Q15
FedEx (FDX) has had a successful comeback in the last few years. Its revenue grew from $9 billion in 4Q10 to $12.31 billion at the end of 4Q15.
Will the TNT Express Deal Benefit FedEx?
Earlier this year, FedEx (FDX) declared its offer to purchase TNT Express for an all-cash offer of $4.8 billion. It wants to gain better market share.
Why Is FedEx Adding Older Models of Boeing Planes to Its Fleet?
In a recent move, FedEx placed a firm order for 50 Boeing 767 airplanes with an option for up to 50 more to follow. They will be delivered up to 2023.
How Is UPS Valued Compared to Its Peers?
UPS’s forward PE ratio stands at 17.1x compared to its current PE ratio of 22.3. Analysts are expecting UPS’s earnings to grow in the next four quarters.
What Key Trends Can Shape UPS’s Future?
UPS’s performance is related to global growth, especially US economic growth. Logistics companies are a direct reflection of the country’s economic health.
How Does UPS Benefit from Its Acquisition of Coyote Logistics?
United Parcel Services (UPS) announced its agreement to acquire Coyote Logistics. It’s a Chicago-based logistics firm with contract carrier companies.
Analyzing UPS’s 2Q15 Performance
United Parcel Services (UPS) saw a solid 2Q15 performance with its bottom line growing better than expected. Its operating profits and margins expanded.
UPS Shares Rise Due to the Profit Spike
UPS is arguably the world’s largest package delivery services company. It’s a leading global provider of specialized transportation and logistics services.
Analyzing the Valuation Trend of Courier Services
The economic upturn since 2009 has improved growth prospects for the courier companies. This coupled with improving industry margins has led to improving industry valuations.
Why Is Economic Growth Important for the Courier Service Industry?
Over the past few years, the global courier services industry has managed to recover from the global economic slowdown.
A Look at the Courier Service Industry in the United States
The growth in e-commerce among various economies across the globe has helped shape the highly competitive courier service industry that we know today.
Possible Key Growth Drivers for UPS in the Near Future
The e-commerce industry is poised to grow rapidly in the future. With this growth will come the need for package delivery.
A Look at United Parcel Service’s Strong Financial Standing
United Parcel Service has grown its revenues steadily over the past few years, from $49,545 million in 2010 to $58,232 million in 2014, with a four-year CAGR of 4.12%.
Key Strengths that Keep UPS ahead of Its Peers
Some of UPS’s key strengths that keep it ahead of its competitors include an integrated global network, leading-edge technology, a strong brand name, a strong culture, and impressive financials.
What are UPS’s Revenue Drivers?
Revenue drivers There are three main drivers of revenue growth for United Parcel Service (UPS): package volumes, product mix and pricing, and fuel surcharges. Package volumes and product mix and pricing are in turn driven by economic growth. Economic growth Increasing economic growth increases e-commerce demand, which in turn increases demand for courier services. […]
A Look at UPS’s International Package Segment
Europe accounts for about half of UPS’s International Package segment. The markets in Europe are highly fragmented, which provides higher opportunity for delivery services.
A Look into UPS’s Domestic Package Segment
UPS’s Domestic Package segment provides an array of guaranteed ground and air package transportation services, depending on the customer’s need.
United Parcel Service: How It Delivers Packages to the World
United Parcel Service is the world’s largest package delivery company and a leading global provider of specialized transportation and logistics services. It forms the largest holding of 7.6% in IYT.
UPS: How the World’s Largest Package Delivery Service Began
United Parcel Service (UPS), originally called American Messenger Company, was founded in 1907 by 19-year-old James E. Casey with $100 borrowed from a friend.
Hedge Funds with Sizeable Holdings in Air Freight and Logistics
Filers with significant holdings in air freight and logistics service providers either maintained their existing exposure or made slight adjustments to their portfolio weights.
Hedge Funds Were Right about Air Freight and Courier Services
1Q15 aggregate filings from institutional investors revealed a net bearish position in stocks belonging to the air freight and logistics industry.
FedEx’s Delivery Market Share Is Threatened by New Competitors
FedEx was formed with a vision to change the way delivery services worked prior to 1971. It established a new industry and it has been leading its peers since then.
What Are FedEx’s Key Strategic Business Advantages?
FedEx has been in the marketplace for over 40 years. It has established a huge network spread across more than 220 countries and territories worldwide.
FedEx’s New Pricing Policy Improves Its Efficiency
Effective January 2015, FedEx changed its pricing policy for all of its FedEx Ground packages less than 3 cubic feet to a “dimensional weight pricing” mechanism.
How Does FedEx Plan to Improve Its Margins?
Another long-term financial goal for FedEx (FDX) when it launched a $1.7 billion profitability improvement effort was to improve margins.
FedEx’s Financial Performance and Long-Term Goals
FedEx’s (FDX) financial performance during the last few years has been extraordinary. It successfully bounced back from the recessionary downturn.
FedEx’s Growth Is Led by Acquisitions and Technology
By 1983, FedEx (FDX) had become the strongest delivery business in the nation. It started a string of acquisitions in order to grow more.
Why FedEx Is Expanding Its Global Reach
FedEx has assembled a portfolio of solutions, from express and freight forwarding to critical inventory logistics, that can solve any global commerce challenge.
A Key Analysis of FedEx’s Business Model
Currently, FedEx is the global leader in the express delivery market. It offers delivery to and from individuals and businesses. It has various business units.
FedEx: How a College Paper Idea Turned into a Delivery Giant
The idea behind FedEx (FDX) started off as a term paper by undergraduate Frederick W. Smith in 1965 at Yale University. The company started operations in 1973.
Is the Labor Market Sending Mixed Signals?
Whatever the non-farm payrolls indicate, one thing is certain—slack in the labor market refuses to go away. The employment–population ratio and the labor force participation rate changed little in April.
Rising US Dollar Dampens April Jobs Report—SPY Down 0.41%
Investor sentiment in the US was dampened by the weak April jobs report that was released May 6. The non-farm private payroll gained 169,000 jobs against median expectations of 200,000.
ValueAct Capital reduces its position in Micros Systems in 1Q14
ValueAct Capital trimmed its position in Micros Systems Inc. (MCRS) from 3.18% in 4Q 2013 to 0.91% last quarter. The 7.5% stake in Micros Systems was disclosed in March 2013.
ValueAct buys a stake in Expeditors International of Washington
ValueAct Capital initiated a new position in Expeditors International of Washington Inc. (EXPD) that accounts for 0.65% of the fund’s first quarter portfolio.
Jeffrey Ubben’s ValueAct Capital buys a new stake in Symantec
ValueAct Capital initiated a new position in Symantec Corp. (SYMC) that accounts for 1.14% of the fund’s first quarter portfolio.
Must-know: ValueAct Capital’s notable 1st quarter 2014 positions
ValueAct Capital Management (or VAC) is a San Francisco–based investment company that manages more than $14 billion on behalf of several institutional and individual investors.