FedEx said adjusted earnings will be $17.80 to $19 a share for the fiscal year, the courier said in a statement, raising the low end of its prior profit forecast. The midpoint of that range is higher than the $18.28 per share average analyst estimate compiled by Bloomberg. Thomas Black, a Bloomberg Opinion columnist, has more on "Bloomberg The Close." ...

United Parcel Service Inc (NYSE:UPS) just delivered a warning that global trade turbulence is far from behind us. During the third-quarter earnings call, CEO Carol Tomé revealed that the courier giant's China-to-U.S. trade lane fell sharply as new tariff rules took effect. "We saw an over 20% decline in that trade lane in the third quarter and expect that will continue into the fourth quarter," Tomé said.Track UPS stock here.Tariff Turmoil Hits Global Trade FlowsAt the center of the disruption is the elimin ...