Workflow
Ocean freight orders
icon
Search documents
Latest supply chain data looks eerily like a freight recession
Youtubeยท 2025-10-08 19:04
Welcome back to the exchange. FedEx lowered today after JP Morgan downgraded shares to neutral from overweight, lowered their price target by 10 bucks to $274 per share. You can see all those shares are down fractionally now.They're writing any potential upside from FedEx's strategic turnaround will be offset given the quote significant headwinds from a difficult industrial backdrop and increasing competition. Meanwhile, a key freight indicator also flashing a warning sign in what is usually a boom month fo ...