Loop Capital Markets adjusted their price target on shares of United Parcel Service (NYSE:UPS), reducing it to $115 from the previous $120, while maintaining a Hold rating on the company's stock. The ...
Less than truckload (LTL) refers to shipping services for relatively small loads of freight (typically between 150 and 15,000 pounds). One of the main benefits of the LTL industry is cost efficiency.
This strategic move is expected to provide a clearer alignment of FedEx (NYSE:FDX)'s financial reporting with the calendar year, which is standard practice for many corporations. The change may also ...