FEDEX BEATS EXPECTATIONS AS DOMESTIC VOLUMES CLIMB; SHARES JUMP
Cost cuts and stronger U.S. parcel demand offset weaker international exports, helping FedEx top Q1 estimates and spark a 5%+ stock pop. Management highlighted yield improvement and capacity reductions, even as trade frictions weigh on exports.
FEDEX PIVOTS TOWARD U.S. SHIPPING AS TARIFFS DENT CHINA EXPORTS
With China-to-U.S. exports under pressure, FedEx cut trans-Pacific capacity and leaned on domestic growth and select international lanes, lifting profit despite a drop in export volume. The shift underscores how trade policy is reshaping parcel networks.
FEDEX RALLY LIFTS TRANSPORTS; WALL STREET ON TRACK FOR WEEKLY GAINS
Better-than-expected FedEx results buoyed sentiment across transport and logistics names, with major U.S. indexes edging higher as investors weighed rate-cut prospects and parcel strength heading into peak season.
OIL SLIPS ON DISTILLATE BUILD, SOFTER DEMAND SIGNALS—DIESEL OUTLOOK EASES
Crude prices dipped as rising U.S. distillate inventories and demand concerns outweighed rate-cut optimism, a dynamic that could temper near-term diesel costs for fleets watching fuel surcharges into peak shipping.
TRUMP SIGNALS SUPPORT FOR UNION PACIFIC–NORFOLK SOUTHERN MEGAMERGER
A White House nod for the proposed $85B rail tie-up raises the stakes at the Surface Transportation Board and among shippers; a UP–NS combination would create a coast‑to‑coast freight network with major implications for intermodal and truck‑rail competition.
DOT CHIEF DUFFY WARNS MARYLAND ON KEY BRIDGE CONTRACTING PRACTICES
Transportation Secretary Sean P. Duffy cautioned Gov. Wes Moore against “DEI contracting” as the federally funded Francis Scott Key Bridge rebuild advances, introducing new uncertainty for procurement timelines tied to Baltimore freight flows.
TRUMP–XI SEEK TIKTOK DEAL; TRADE THAW COULD RE-SHUFFLE PARCEL FLOWS
A potential agreement to keep TikTok operating in the U.S. is part of broader talks to cool trade tensions, with any de‑escalation poised to influence cross‑border e‑commerce volumes and express networks ahead of peak season.
EIA: NATIONAL DIESEL AVERAGE TICKS DOWN TO $3.739/GAL FOR WEEK OF SEPT. 15
The latest weekly update shows a modest decline in U.S. on‑highway diesel prices, with West Coast averages still elevated; fleets continue to balance fuel‑surcharge exposure as spot and contract markets diverge into peak freight.
PORT OF LOS ANGELES SAYS AUGUST VOLUMES NEARLY 958K TEUS; EARLY PEAK ARRIVALS
After a record July, LA reported another strong month as importers pulled forward holiday goods amid tariff uncertainty—supporting drayage and regional TL demand even as volumes may ease into Q4, the port said this week.
UPS REMINDS SHIPPERS OF WEEKLY FUEL SURCHARGE INDEXING FOR GROUND/AIR SERVICES
UPS reiterated that U.S. domestic fuel surcharges adjust weekly off DOE diesel and U.S. Gulf Coast jet benchmarks—key for budgeting peak parcel spend as oil markets wobble and distillate stocks rise.
UPS IMPLEMENTS NEW IMPORT PROCESSING FEES AND INVOICE CHANGES FOR U.S. SHIPPERS
Ahead of peak, UPS detailed an International Processing Fee for select import services and updated billing policies—changes that affect landed cost calculations and cash flow for import‑heavy shippers.
RATE CUT FAILS TO LIFT OIL; MIXED STOCKS DATA KEEP FUEL PRICES RANGE‑BOUND
Despite the Fed’s quarter‑point cut, crude was little changed as rising distillate inventories offset tighter crude stocks—another sign fuel costs may remain choppy for carriers entering peak freight season.
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