Bank of America has added FedEx to its US 1 List, signaling confidence in FedEx's long-term industrial transformation driven by margin gains, integration efforts, and pricing power. This move aligns with the inclusion of Corning and C.H. Robinson, reflecting a broader thesis on freight, parcel, and AI-linked sectors. FedEx recently posted strong Q3 FY2026 results, raised its EPS guidance, and plans a Freight spin-off in June 2026. While FedEx shares have risen 75% in the past year, investors should consider risks like Amazon's logistics expansion and freight volume declines. The inclusion validates FedEx's multi-year transformation story but suggests cautious, moderate investment ahead of the spin-off.
FedEx CEO Raj Subramaniam dismissed concerns that Amazon's new Supply Chain Services (ASCS) could threaten FedEx's business, emphasizing that FedEx operates a true end-to-end global logistics network. While Amazon's ASCS offers third-party logistics ...
Following the Supreme Court's ruling that some of President Trump's tariffs were unconstitutional, companies like Oshkosh Corporation and Basic Fun have started receiving the first wave of tariff refunds. These refunds cover entries finalized within ...
Nike faces a class action lawsuit from customers demanding refunds for tariff-related costs passed on through higher prices during the Trump administration's tariffs. Plaintiffs argue Nike should not keep the tariff refunds it expects to receive afte...
