Freight Transport/Logistics
- Stock Market
FedEx expects to cut costs by an extra $1 billion as earnings beat but sales come up well short of target
FedEx Corp. on Tuesday said it planned to slash an extra $1 billion in costs beyond what it outlined in…
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Why consider the Dow transports when they point to a slowing economy? Because these 7 stocks are cheap
The Dow Jones Transportation Average has long been considered a good forward indicator of the direction of the U.S. economy.…
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Transport stocks keep falling as analyst says a freight recession is ‘likely inevitable’
Wall Street’s recent disdain for the transportation sector continued on Friday, as analysts expressed concerns over “rapidly” deteriorating market conditions…
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