Expeditors International of Washington Inc

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 announced yesterday that it had appointed Don Colleran to be president and CEO of its Express division.

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.

On September 20, Ryder System announced the opening of a new full-service maintenance facility in Reading, Pennsylvania.

In August, Genesee & Wyoming’s (GWR) rail traffic in Europe reported a 1.8% year-over-year decline.

C.H. Robinson Worldwide (CHRW) declared a quarterly cash dividend of $0.46 per share on August 9, maintaining its 25-year payout streak.

Genesee & Wyoming’s (GWR) UK-European total railcar volumes declined 1% YoY (year-over-year) in July.

Of the 14 analysts covering EXPD stock, ten of them have recommended a “hold,” and one has recommended a “buy.”

The robust second-quarter growth in the Customs Brokerage segment’s revenue was mainly driven by higher shipments.

Expeditors International of Washington (EXPD) beat analysts’ adjusted EPS estimate of $0.78 by $0.01 for the second quarter.

Expeditors International of Washington (EXPD) reported its Q2 earnings on August 7. Adjusted EPS was $0.79, beating the $0.78 estimate.

Currently, 20 analysts are covering XPO stock. Four (20%) of them are bullish and have rated it a “strong buy.”

J.B. Hunt Transport Services’ (JBHT) ICS (Integrated Capacity Solutions) segment reported blockbuster growth in the second quarter.

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.”

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.

C.H. Robinson Worldwide (CHRW) is the largest third-party logistics provider in the world.

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.

XPO Logistics (XPO) is the third-largest road carrier in the United States based on fleet size.

United Parcel Service’s (UPS) forward dividend yield of 3.1% is the highest in its peer group.

The United States’ premier road transportation (JBHT) company, Expeditors International of Washington (EXPD), announced its 1Q18 earnings today.

Analysts polled by Thomson Reuters estimate that C.H. Robinson Worldwide (CHRW) will report revenues of $3.8 billion in 1Q18.

C.H Robinson Worldwide (CHRW), a 113-year-old trucking company, is set to announce its 1Q18 earnings on May 2.

XPO provides global forwarding services for domestic, international, and cross-border shipments and views this as a $150.0 billion industry.

FedEx has a far lower forward dividend yield of 0.82% than UPS’s at 3.2%.

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.

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.

While EXPD’s revenues grew 13.4% in 2Q17, its operating expenses rose 16%.

In 2Q17, EXPD’s Airfreight revenues rose 15.4% to $671.8 million from $582.1 million in 2Q16.

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.

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.

In 4Q16, UPS’s International segment’s revenue rose 2.6% to ~$2.7 billion from ~$2.6 billion in 4Q15.

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.

On November 8, 2016, Expeditors International of Washington (EXPD), a major US-based logistics company, announced its 3Q16 earnings.

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 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.

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.

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.

United Parcel Service rewards its stockholders through regular dividends and share repurchases. The company has paid regular cash dividends since 1969.

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.

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.

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.

United Parcel Service (UPS) reported 4Q15 earnings on February 2, 2016. The company missed analyst revenue estimates but beat earnings estimates.

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.

Currently, FedEx’s (FDX) forward PE ratio stands at 13.53x. Its current PE ratio is 34.8.

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.

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 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.

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.

In the last three months of the year, marking the peak holiday season, FedEx’s (FDX) stock has declined by 4.5%.

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.

According to the Institute for Supply Management, the manufacturing purchasing managers’ index stood at 50.1 in October 2015.

Although the global climate remains challenging, manufacturing is still poised to grow strongly with October increases in new orders and production.

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.

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.

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.

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.

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.

UPS’s performance is related to global growth, especially US economic growth. Logistics companies are a direct reflection of the country’s economic health.

United Parcel Services (UPS) announced its agreement to acquire Coyote Logistics. It’s a Chicago-based logistics firm with contract carrier companies.

United Parcel Services (UPS) saw a solid 2Q15 performance with its bottom line growing better than expected. Its operating profits and margins expanded.

UPS is arguably the world’s largest package delivery services company. It’s a leading global provider of specialized transportation and logistics 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.

Over the past few years, the global courier services industry has managed to recover from the global economic slowdown.

The growth in e-commerce among various economies across the globe has helped shape the highly competitive courier service industry that we know today.

The e-commerce industry is poised to grow rapidly in the future. With this growth will come the need for package delivery.

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%.

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.

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. […]

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.

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 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.

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.

Filers with significant holdings in air freight and logistics service providers either maintained their existing exposure or made slight adjustments to their portfolio weights.

1Q15 aggregate filings from institutional investors revealed a net bearish position in stocks belonging to the air freight and logistics industry.

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.

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.

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.

Another long-term financial goal for FedEx (FDX) when it launched a $1.7 billion profitability improvement effort was to improve margins.

FedEx’s (FDX) financial performance during the last few years has been extraordinary. It successfully bounced back from the recessionary downturn.

By 1983, FedEx (FDX) had become the strongest delivery business in the nation. It started a string of acquisitions in order to grow more.

FedEx has assembled a portfolio of solutions, from express and freight forwarding to critical inventory logistics, that can solve any global commerce challenge.

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.

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.

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.

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 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 Capital initiated a new position in Expeditors International of Washington Inc. (EXPD) that accounts for 0.65% of the fund’s first quarter portfolio.

ValueAct Capital initiated a new position in Symantec Corp. (SYMC) that accounts for 1.14% of the fund’s first quarter portfolio.

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.