FedEx Stock News

DUBLIN, Nov. 19, 2021 The "Global Cold Chain Logistics Market for Pharmaceuticals Industry Market 2021-2025" report has been added to ResearchAndMarkets.com''s offering. The cold chain logistics market for pharmaceuticals industry is poised to grow by $ 9.37 bn during 2021-2025,

FedEx FDX is likely prepared to grow for years to come and the global delivery firms expanded reach within e-commerce helped it soar during the pandemic. But the stock has become a victim of its own success and FDX faces substantial near-term headwinds in the form of rising labor costs and supply chain bottlenecks. FDXs [] The post Bear of the Day: FedEx (FDX) appeared first on UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News .

Job openings are a mix of part- and full-time package handlers.

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Key Takeaways - The US and Japan announced a new trade partnership to boost cooperation on labor, environment and digital trade issues. Pfizer filed for US authorization of its experimental antiviral COVID-19 pill. FedEx has permanently shut down its pilot base in Hong Kong. Analysis: High-Level Biden Administration Trade Tour Signals Latest Phase in Pivot to Asia Strategy. Please see full Newsletter below for more information. By: Dentons

Harbor Investment Advisory LLC cut its position in shares of FedEx Co. (NYSE:FDX) by 15.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,115 shares of the shipping service providers stock after selling 1,986 shares during the quarter. Harbor []

AUSTIN, Texas, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Lone Star Overnight (LSO) , the leading parcel carrier in the Southwest and Central regions, is announcing a general rate increase (GRI), effective Jan. 2, 2022, that will average 5.9% on base rates. This news follows the earlier rate increase announcements from FedEx and UPS.

Highlights FedEx workers will again start rolling stoppages next week after the pay talks did not materialise and hampered deliveries. Transport Workers Union has asked for four-hour stoppages across the country next week. The stoppages can continue as workers allege FedEx failed to reward them properly. The Transport Workers Union (TWU) announced a four-hour stoppage across all states of Australia. The blockages will continue for the first three days of the upcoming week. TWU will determine further blockages after accusing the company of not correctly rewarding its workers during a record year. On Wednesday, FedEx workers came up with a fair solution to provide them with financial security without adding costs. However, the company refused the proposal that repays its workers for their efforts during a record year of profits. FedEx has become the only major parcel delivery operator that hasnt reached a deal with the union. As a result, now if FedEx doesnt provide a fair agreement offer, FedEx workers will hold a rolling 4-hour strike across the country next week.

The Port St. Lucie FedEx sorting center will be one of more than 600 in the nation. The company is looking to hire 350 employees for the new facility.

FedEx is set to begin construction on a $57 million ground distribution center in Sam Houston Industrial Park in Dothan, local officials announced this week. The project is expected to bring 200 jobs and a $200 million payroll. Incentives included $800,000 for road improvements to the site; property tax exemption for 10 years; and sales [] The post $57M FedEx Ground distribution center planned in Dothan appeared first on Business Alabama Magazine .

CAPROCK Group Inc. lessened its position in FedEx Co. (NYSE:FDX) by 7.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,923 shares of the shipping service providers stock after selling 486 shares during the period. CAPROCK Group Inc.s []

Fedex has announced plans to relocate pilots based in Hong Kong overseas as a result of the territorys tough Covid rules.