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FedEx Tops UPS in Market Value for First Time
Summary by Transport Topics
2 Articles
2 Articles
FedEx Corp has for the first time overshadowed its rival United Parcel Service Inc as the largest US courier company for market value, a milestone that underscores the divergent trajectories of companies in the volatile parcel delivery sector. This milestone underscores a fall in UPS shares that has lasted for several years, after facing the pressure of labor costs, the decrease in volume and doubts about its relationship with Amazon.com Inc. Fo…
Coverage Details
Total News Sources2
Leaning Left0Leaning Right0Center2Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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