bcordell70
Expert Expediter
Not sure if this is the correct place for this, if not please move.
I don't really follow the stocks but I do watch oil prices just like everyone else, but then I seen this nice little throw in and figured I would post it.
"Stocks got a boost from FedEx (FDX), the package shipping giant, which raised its first-quarter earnings forecast on better-than-expected international shipments and cost cuts. FedEx was up 5.3% to $76.53, second-best among S&P 500 stocks and among the stocks in the Dow Jones Transportation Average ($DJT)."
"The transportation index itself was up 49 points to 3,945. It's up 22% this quarter and 11.5% this year. Fourteen of the 20 stocks in the index were higher. The reason for the recent gains is increasing evidence that the freight business has bottomed."
I don't really follow the stocks but I do watch oil prices just like everyone else, but then I seen this nice little throw in and figured I would post it.
"Stocks got a boost from FedEx (FDX), the package shipping giant, which raised its first-quarter earnings forecast on better-than-expected international shipments and cost cuts. FedEx was up 5.3% to $76.53, second-best among S&P 500 stocks and among the stocks in the Dow Jones Transportation Average ($DJT)."
"The transportation index itself was up 49 points to 3,945. It's up 22% this quarter and 11.5% this year. Fourteen of the 20 stocks in the index were higher. The reason for the recent gains is increasing evidence that the freight business has bottomed."