FDX - Another Record Peak - Mon, Dec 15
10-23-2014, 04:50 AM
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FDX - Another Record Peak - Mon, Dec 15
FedEx Predicts Increase in Holiday Deliveries
FedEx expects another record for holiday-season deliveries.
The company forecast Wednesday that deliveries between Thanksgiving and Christmas Eve will rise 8.8 percent over last year, to 290 million shipments.
That's a more subdued forecast than a year ago, when FedEx predicted 13 percent growth for the season.
Volume is expected to surge on each of the first three Mondays in December.
FedEx Corp. said the peak day is likely to be Dec. 15, when it expects to handle 22.6 million shipments around the world.
FedEx and rival United Parcel Service Inc. struggled last year with severe winter weather in early December, a shorter holiday season, and a surge in late orders that was partly due to retailers promising free delivery even for shipments close to Christmas Day.
FedEx plans to add 50,000 seasonal workers to help carry the load this year. UPS has said it will add up to 95,000 people, and Amazon said it will hire 80,000, a 14 percent jump over last year.
The delivery companies and Internet retailers are benefiting from the trend toward online shopping and are banking on a strengthening economy and optimism about consumer spending.
They are boosting hiring to meet consumers' expectations that easy shopping on their computers and mobile devices can be paired with quick delivery of the goods.
FedEx expects to invest $1.2 billion in its ground-shipping network in its current fiscal year, with most of that going to increase capacity and automation.
The company said that the improvements have sped up ground delivery by a day or more in more than two-thirds of the U.S.
UPS has also invested to boost shipping capacity during the holidays, said the company's chief commercial officer, Alan Gershenhorn.
He said that UPS had improved it forecasting and package tracking. UPS has not issued its forecast for holiday deliveries.
The company reports third-quarter financial results on Friday.
Memphis-based FedEx said that its holiday-shipping forecast is included in its outlook for the fiscal year ending next May.
The company said last month that it expects full-year earnings of $8.50 to $9 per share, assuming moderate economic growth.
Analysts expect $8.99 per share, according to a survey by FactSet.
Helane Becker, an analyst with Cowen and Co., said FedEx's share of the delivery business would increase at UPS' expense because of the problems that UPS had last year.
Some UPS customers didn't get packages delivered until after Christmas.
Becker said that based on the holiday forecast, better-than-expected earnings in the June-through-September quarter, and a program of buying back shares, FedEx should raise its forecast for earnings through next May.
FedEx shares rose 55 cents to $160.43 in midday trading. Through Tuesday's close, they were up 11 percent in 2014.
FedEx expects another record for holiday-season deliveries.
The company forecast Wednesday that deliveries between Thanksgiving and Christmas Eve will rise 8.8 percent over last year, to 290 million shipments.
That's a more subdued forecast than a year ago, when FedEx predicted 13 percent growth for the season.
Volume is expected to surge on each of the first three Mondays in December.
FedEx Corp. said the peak day is likely to be Dec. 15, when it expects to handle 22.6 million shipments around the world.
FedEx and rival United Parcel Service Inc. struggled last year with severe winter weather in early December, a shorter holiday season, and a surge in late orders that was partly due to retailers promising free delivery even for shipments close to Christmas Day.
FedEx plans to add 50,000 seasonal workers to help carry the load this year. UPS has said it will add up to 95,000 people, and Amazon said it will hire 80,000, a 14 percent jump over last year.
The delivery companies and Internet retailers are benefiting from the trend toward online shopping and are banking on a strengthening economy and optimism about consumer spending.
They are boosting hiring to meet consumers' expectations that easy shopping on their computers and mobile devices can be paired with quick delivery of the goods.
FedEx expects to invest $1.2 billion in its ground-shipping network in its current fiscal year, with most of that going to increase capacity and automation.
The company said that the improvements have sped up ground delivery by a day or more in more than two-thirds of the U.S.
UPS has also invested to boost shipping capacity during the holidays, said the company's chief commercial officer, Alan Gershenhorn.
He said that UPS had improved it forecasting and package tracking. UPS has not issued its forecast for holiday deliveries.
The company reports third-quarter financial results on Friday.
Memphis-based FedEx said that its holiday-shipping forecast is included in its outlook for the fiscal year ending next May.
The company said last month that it expects full-year earnings of $8.50 to $9 per share, assuming moderate economic growth.
Analysts expect $8.99 per share, according to a survey by FactSet.
Helane Becker, an analyst with Cowen and Co., said FedEx's share of the delivery business would increase at UPS' expense because of the problems that UPS had last year.
Some UPS customers didn't get packages delivered until after Christmas.
Becker said that based on the holiday forecast, better-than-expected earnings in the June-through-September quarter, and a program of buying back shares, FedEx should raise its forecast for earnings through next May.
FedEx shares rose 55 cents to $160.43 in midday trading. Through Tuesday's close, they were up 11 percent in 2014.
10-23-2014, 08:26 AM
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Originally Posted by rlsandoz
I predict the ugliest peak in the history of the company.
Mondays may prove especially problematic
http://m.youtube.com/watch?v=bxS9N-npE2Q
Listen carefully!
10-23-2014, 08:30 AM
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FedEx: $200 In Sight From Here
Oct. 23, 2014 8:57 AM ET | About: FedEx Corporation (FDX)
FDX has earnings estimates that are very achievable.
Continued robust organic growth and low fuel prices could allow FDX to beat estimates.
The valuation is reasonable right now given the company's prospects and I think we'll see $200 next year.
Shares of shipping behemoth FedEx (NYSE:FDX) have been soaring in recent quarters. The company's fantastic operating results have seen shares rise from $90 to $160 in just 18 months amid a vastly improving macro environment and prudent management by the company's executives.
FedEx: $200 In Sight From Here - FedEx Corporation (NYSE:FDX) | Seeking Alpha
Oct. 23, 2014 8:57 AM ET | About: FedEx Corporation (FDX)
FDX has earnings estimates that are very achievable.
Continued robust organic growth and low fuel prices could allow FDX to beat estimates.
The valuation is reasonable right now given the company's prospects and I think we'll see $200 next year.
Shares of shipping behemoth FedEx (NYSE:FDX) have been soaring in recent quarters. The company's fantastic operating results have seen shares rise from $90 to $160 in just 18 months amid a vastly improving macro environment and prudent management by the company's executives.
FedEx: $200 In Sight From Here - FedEx Corporation (NYSE:FDX) | Seeking Alpha
10-24-2014, 03:56 AM
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FedEx Volume Over the Years
FedEx has experienced steady growth in holiday volumes over the years. A breakdown of the busiest days since 2007 follows:
Dec. 17, 2007 - 11.5 million shipments
Dec. 15, 2008 - 12 million shipments
Dec. 14, 2009 - 14.2 million shipments
Dec. 13, 2010 -15.6 million shipments
Dec. 12, 2011 - 17.2 million shipments
Dec. 17, 2012 - 19.9 million shipments
Dec. 16, 2013 - 22 million shipments
FedEx has experienced steady growth in holiday volumes over the years. A breakdown of the busiest days since 2007 follows:
Dec. 17, 2007 - 11.5 million shipments
Dec. 15, 2008 - 12 million shipments
Dec. 14, 2009 - 14.2 million shipments
Dec. 13, 2010 -15.6 million shipments
Dec. 12, 2011 - 17.2 million shipments
Dec. 17, 2012 - 19.9 million shipments
Dec. 16, 2013 - 22 million shipments
10-24-2014, 04:05 AM
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It's All about that Peak, 'bout that Peak, 'bout that Peak
...and the FY15 earnings (of course)
$$$$$$$$$$$$$$$$$$$$$$$$$$$$
FedEx Corp. (NYSE: FDX) is forecasting another record holiday.
The company expects to move more than 290 million shipments between Black Friday and Christmas Eve, an 8.8 percent increase in overall year-over-year Peak seasonal volume.
The season is expected to be bolstered by three volume spikes throughout December, occurring the first three Mondays of the month and each expected to surpass 20 million in volume.
Dec.15 is projected to be the busiest day in company history, with a forecasted 22.6 million shipments moving around the world.
Peak projections are included in FedEx earnings guidance for FY15.
$$$$$$$$$$$$$$$$$$$$$$$$$$$$
...and the FY15 earnings (of course)
$$$$$$$$$$$$$$$$$$$$$$$$$$$$
FedEx Corp. (NYSE: FDX) is forecasting another record holiday.
The company expects to move more than 290 million shipments between Black Friday and Christmas Eve, an 8.8 percent increase in overall year-over-year Peak seasonal volume.
The season is expected to be bolstered by three volume spikes throughout December, occurring the first three Mondays of the month and each expected to surpass 20 million in volume.
Dec.15 is projected to be the busiest day in company history, with a forecasted 22.6 million shipments moving around the world.
Peak projections are included in FedEx earnings guidance for FY15.
$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Last edited by DLax85; 10-24-2014 at 04:16 AM.
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