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FedEx-Backed Group Pays $9.2 Billion for Parcel Locker Firm InPost
PYMNTS.com· 2026-02-09 21:24
Poland-based parcel locker company InPost has been sold for $9.2 billion (7.8 billion euros).By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The deal, announced Monday (Feb. 9), was made by an investor group led by ...
European Markets Gain on M&A, Pharma News; Japan Forms Coalition
Stock Market News· 2026-02-09 08:38
Key TakeawaysA consortium led by Advent International and FedEx (FDX) has agreed to acquire Polish parcel-delivery firm InPost (INPST) for €7.8 billion ($9.22 billion), representing a 50% premium per share.Novo Nordisk (NVO) shares surged 8.6% after Hims & Hers Health Inc. (HIMS) scrapped plans for a copycat version of its popular weight-loss drug, Wegovy, following regulatory and legal pressures.UniCredit (UCG) announced plans to return €50 billion to investors over five years, sending its shares up 3.9%.J ...
Advent, FedEx-Led Consortium to Buy Parcel-Delivery Provider InPost for $9.2 Billion
WSJ· 2026-02-09 07:31
Core Viewpoint - A consortium is acquiring a Polish parcel-delivery provider at a price of €15.60 per share, which reflects a 50% premium over the share price on January 2 [1] Group 1 - The acquisition price of €15.60 per share indicates a significant premium, suggesting strong confidence in the target company's value [1]
Faster Than Ever: Holiday Delivery Gains Reset the Last-Mile Bar
Yahoo Finance· 2026-02-06 16:04
Solving the last mile comes down to meeting an always-on expectation, raising the stakes for carriers and retailers alike as they race to deliver speed at scale. Nearly 65 percent of U.S. consumers say two-to-three-day delivery should be the standard for online orders, according to a November survey of 1,000 shoppers conducted by logistics technology firm Locus. More from Sourcing Journal Coming off the holiday season, supply chains are expected to (literally) put their foot on the gas: 51 percent of th ...
Veho to flex delivery speed for price-sensitive e-commerce sellers
Yahoo Finance· 2026-02-03 16:09
Management says FlexSave is a start towards giving shippers more control of their own shipping parameters, with tailored pricing, rather than having to accept standard carrier conditions. Ultimately, shoppers will have more choices during checkout.FlexSave will be available to qualifying shippers in the first quarter, with broader availability later in 2026, Veho said.The New York-based carrier said it has developed a proprietary technology platform, called MaestroAI, that orchestrates parcel movements by p ...
Positive Sentiments Drove FedEx (FDX) Stock Gains
Yahoo Finance· 2026-01-30 13:38
Core Insights - Hotchkis & Wiley Large Cap Disciplined Value Fund outperformed the Russell 1000 Value Index in Q4 2025 and for the entire year, driven by positive stock selection [1] - The S&P 500 Index returned 2.7% in Q4 2025, with a yearly gain of 17.9%, but high valuations have made investors cautious, particularly due to returns being concentrated in a few stocks [1] - The Fund's performance was bolstered by strong results in the information technology and communication services sectors, with certain software companies viewed as particularly attractive [1] Company Focus: FedEx Corporation - FedEx Corporation (NYSE:FDX) was highlighted as a leading contributor to the Fund's performance, with a one-month return of 9.14% and a 52-week gain of 20.79% [2] - As of January 29, 2026, FedEx's stock closed at $319.93 per share, with a market capitalization of $75.489 billion [2] - FedEx operates one of the largest express logistics and freight networks globally, serving nearly every address in the U.S. and a vast majority of the world's GDP [3] - The company has faced challenges such as a shift towards lower-margin business-to-consumer volumes, integration difficulties in its international express segment, and soft global economic conditions [3] - Despite these challenges, FedEx is expected to recover margins as integration improves, cost discipline strengthens, and the pricing environment stabilizes [3] - Under new leadership, FedEx is focusing on operational efficiencies, reducing capital intensity, and prioritizing returns to shareholders [3] - The company's shares rose 23% in the quarter following better-than-expected earnings growth and positive management comments, alleviating investor concerns regarding muted holiday demand [3]
118-year-old shipping giant just delivered workers a harsh message
Yahoo Finance· 2026-01-28 17:03
United Parcel Service (UPS) announced its fourth quarter earnings report on Tuesday, Jan 27, before the market opened. But it was a double-edged surprise underscoring that a revenue beat can also come with a high cost: a massive secondary wave of 30,000 job cuts in operational roles in 2026 as part of a sweeping cost-reduction effort tied largely to Amazon. While the parcel delivery giant beat expectations, people focused more on the company’s plan to reconfigure operations, reduce total operational hour ...
UPS Wins by Winding Down Amazon Partnership
Yahoo Finance· 2026-01-28 05:01
Break-ups are hard, but staying in a toxic relationship is even worse. Just ask UPS, which is in the midst of splitting up with longtime partner Amazon. In its fourth-quarter earnings call on Tuesday, the parcel-delivery giant conceded that this would lead to a near-term downturn in delivery volume — but promised a much more profitable business in the future. And as it turns out, Wall Street loves a firm that understands healthy boundaries, practices self-preservation and honors its own needs. SUBSCRIBE: ...
UPS sees higher profits in 2026 from network, Amazon downsizing
Yahoo Finance· 2026-01-28 00:18
UPS on Tuesday said it would eliminate an additional 30,000 frontline jobs and at least 24 facilities as part of a multiyear strategy to recharge growth through a planned decoupling from Amazon and downsizing of its parcel delivery network to match lower volume flow. Efficiency gains from the restructuring helped fourth-quarter earnings exceed forecasts despite a 10.6% decline in average daily domestic volumes. Lower throughput was expected as UPS (NYSE: UPS) sheds Amazon business and lower-yielding Chine ...
UPS, FedEx discounts heat up, but shipping costs still surging
Yahoo Finance· 2026-01-20 10:13
Core Insights - Ground shipping costs are expected to rise further in Q1 due to annual price increases, impacting shippers financially in an already expensive delivery service environment [3] - FedEx and UPS are strategically prioritizing small- and medium-sized businesses (SMBs) to enhance profitability per package, with both companies reporting positive momentum in this sector [5][6] Group 1: Shipping Costs and Discounts - Rates for ground and express parcels are projected to increase, with per-package ground delivery rates in Q4 being 34.1% above the January 2018 baseline, while express rates rose to 5% above the baseline [7] - Discounts for FedEx and UPS shippers increased in Q4 after a decline in the previous two quarters, with average discounts rising by 0.7 percentage points for express shipments and 0.3 percentage points for ground shipments [4][7] - The increase in discounts primarily benefited small and medium-sized shippers for ground deliveries, while larger customers received more benefits from express shipment discounts [7] Group 2: Strategic Focus on SMBs - FedEx and UPS are focusing on gaining market share in the SMB segment, which is often more profitable on a per-package basis compared to large-scale clients [5] - UPS reported taking share in both volume and value from SMBs in Q3, while FedEx noted a strong quarter for business-to-business shipments among smaller shippers [6]