223.46 0.00 (0.00%)
After hours: 4:33PM EDT
|Bid||223.46 x 1300|
|Ask||224.29 x 1000|
|Day's range||222.44 - 226.00|
|52-week range||214.17 - 274.66|
|Beta (3Y Monthly)||1.45|
|PE ratio (TTM)||12.61|
|Earnings date||18 Dec 2018|
|Forward dividend & yield||2.60 (1.18%)|
|1y target est||289.11|
The DCS (Dedicated Contract Services) segment is J.B. Hunt Transport’s (JBHT) second-largest segment in terms of revenues. In the third quarter, the segment’s revenue share was 24.7%—up 0.9% from 23.8% in the third quarter of 2017. The segment’s third-quarter revenues rose 24% YoY to $543.0 million from $438.0 million in the third quarter of 2017.
What trade war with China? Executives at the biggest companies are fixated on the negative impact of a stronger U.S. dollar than tariffs now.
Amazon (AMZN) is boosting the starting wage for its US employees to $15 an hour. About 250,000 current employees and some 100,000 seasonal workers are expected to benefit from the pay hike, which will take effect on November 1. Rising wages usually drive up costs, and that’s an impact Amazon is expected to feel as it lifts the starting pay rates for hundreds of thousands of employees.
The USPS has proposed a 12.3% price increase for its lightweight parcel service and a 9.3% increase for non-lightweight service.
More important, how is that world to be as safe as the one we’re in now?“It is not as complicated as it sounds, and it is not as dangerous as it sounds,” said Elpert Hodge, executive vice president of M2C Aerospace Inc., a New England startup working to build a flight system for single-pilot commercial aircraft operations. The startup hopes to meet airlines’ desire to cut costs while addressing a pilot shortage that’s already curtailed air service in some regions. The technology to achieve this is likely to be available soon.
Dividend-paying companies are financially stable and mature, and can generate steady cash flow irrespective of market conditions.
YRC Worldwide (YRCW) operates through two segments: YRC Freight and YRC Regional. YRC Freight’s tonnage per day in July fell ~3.8% YoY (year-over-year) compared to the same month last year. Its tonnage per day in August also fell ~3.1% YoY.
In the second week of September, major parcel delivery giant FedEx (FDX) announced that it intends to hire 55,000 additional team members for the 2018 holiday season. FedEx also stated that the majority of its workforce will stay with it after the holiday peak. A few days ago, FedEx announced the expansion of its FedEx Ground operations to six days a week throughout the year from the previous five days.
On a macro level, 2018 has emerged as a good year for the US road transportation sector for multiple reasons, the main reason being the solid YoY (year-over-year) volume growth reported by both FTL (full truckload) and LTL (less-than-truckload) companies.
The market has one view of the shipper, the Fools have another. But there's no two ways of reading the latest numbers on Disney's streaming sports app.
The big shareholder groups in FedEx Corporation (NYSE:FDX) have power over the company. Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutionsRead More...
Oracle (ORCL) continues to strike deals with large clients. In July, it entered into an agreement with telecommunications operator CenturyLink to combine its Cloud Connect Solutions with Oracle’s FastConnect service to improve subscriber experience. In August, MTO Global selected Oracle’s blockchain cloud service.
29 analysts track FedEx (FDX). There haven’t been any changes in analysts’ views about the global parcel delivery giant in the last six months. 11 analysts have a “strong buy” recommendation on FDX stock, and 13 analysts recommend a “buy” on the company. Four analysts have recommended a “hold.” Only one analyst has a “strong sell” recommendation on FedEx stock.
On September 17, US President Donald Trump announced the imposition of 10% tariffs on ~$200.0 billion worth of Chinese imports. On September 18, China retaliated against President Trump’s action with an announcement of a tariff increase on $60.0 billion of US exports to China. The Finance Ministry of China affirmed that it would go forward with plans announced in August.
On September 12, FedEx (FDX) made an important announcement. To place itself firmly in the extremely competitive e-commerce delivery landscape, the company announced the expansion of FedEx Ground’s US operations to six days per week. The courier service provider made this decision in view of strong volume inflow anticipated in this holiday season and beyond.
FedEx (FDX) incurred capital expenditure of $1.17 billion in the first quarter compared to $1.0 billion in the comparable period of fiscal 2018. The increase in capex was due to aircraft purchases, higher IT spending in FedEx Services segment, and increased vehicle purchases in the FedEx Freight and Express segment. For fiscal 2019, FedEx has slightly lowered its 2019 capex forecast to $5.6 billion, or ~8% of its projected revenue.
Here, we’ll look into FedEx’s (FDX) performance on the operating margin front. In the first quarter, FedEx reported a $100.0 million rise in adjusted operating income to $1.19 billion from $1.09 billion in the same period of 2018. Higher revenue due to the recovery from the NotPetya cyberattack offset increased transportation costs across all segments.
In this article, we’ll look at the first-quarter performance of FedEx’s (FDX) Freight segment. The segment accounted for 11.9% of total revenue before elimination in the first quarter. The Freight segment’s share in total revenue went up 0.6% YoY (year-over-year) in the quarter from 11.3% in Q1 2018.
Here we’ll discuss the FedEx (FDX) Ground segment’s first-quarter operating performance. The vertical is the second-largest contributor to FedEx’s total revenue. The segment made up 29.3% of total revenue before eliminations in the quarter, up 0.4% YoY (year-over-year). Ground segment revenue rose 13.1% YoY to ~$4.8 billion in Q1 2019 from $4.2 billion in the first quarter of 2018. The vertical’s strong revenue growth was on account of average daily package volume growth and higher base rates.