FedEx (FDX) says effective February 16th, demand surcharge is to be discontinued until further notice, except for shipments destined to Israel
FedEx's decision to discontinue the demand surcharge signals a potential easing of operational pressures and could enhance demand for their services, particularly in a competitive market.
US Special Envoy Witkoff is to attend the trilateral meeting in Abu Dhabi on February 4-5th, Axios reports
BMW (BMW GY) and ZF are reportedly to sign a long term drive systems supply agreement in the several billion EUR range
FedEx (FDX) says effective February 16th, demand surcharge is to be discontinued until further notice, except for shipments destined to Israel
Chevron's (CVX) January export of Venezuelan crude oil has reportedly more than doubled to 220k BPD from 99k BPD in December
Italy's Tesoro is set to sell a new 15 year BTP bond via syndication
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
The exception for shipments to Israel suggests continued strictures in that region, indicating localized challenges that investors should monitor. Overall, this move may positively impact FedEx's revenue outlook, potentially affecting equity prices and sentiment in the transportation sector.
Related headlines
- US EQUITY OPEN: US indices in the red following a strong US jobs report1 day ago
- Daily US Equity Opening News - AAPL foldable iPhone quality issues; NVDA in talks for USD 2.5bln Thinking Machines investment; MU plans HBM capacity increase; TMUS names CFO-designate, reaffirms guidance; LULU slides on outlook2 days ago
- US Market Wrap: Hot NFP raises Fed rate hike bets ahead of CPI/PPI next week 1 day ago
- US FX WRAP: Dollar gains on better-than-expected NFP report1 day ago
- US President Trump says have right to put tariffs on nations like Switzerland; have the right not to trade with financial elite countries1 day ago
- Week In Focus 7-11 September 2026: Highlights include US & Chinese Inflation, ECB Policy Announcement, UK GDP 1 day ago
- Newsquawk European Market Wrap - 4th September 20261 day ago
- US President Trump posts "Great jobs number just announced, breaking all estimates"; renewed calls for sharply lower interest rates and threatened to halt trade with countries running surpluses against the US if rates remain high1 day ago
- Wacker Chemie (WCH GY) is reportedly considering closing its US plant after US President Trump's trade policy has driven customers away, according to sources1 day ago
- Newsquawk Daily US Opening News - 4th September 20261 day ago
- EUROPEAN OPEN: VOW3 GY approves Future Plan 2030; BAS GY sues AAPL over Face ID patents; ECB authorises BMPS IM-MB IM merger; STLAM IM reportedly accelerates Huawei-JAC alliance in China; Fitch affirms ASML NA2 days ago
- Newsquawk Daily European Equity Opening News - 4th September 20262 days ago
- Newsquawk Daily European Opening News - 4th September 20262 days ago
- Trump administration drafting post-war Middle East plan, reports Axios1 day ago
- Additional European Equity News - 4th September 20262 days ago
- Newsquawk Weekly Economic Calendar - 6th-11th September 20261 day ago
- [MARKET ANALYSIS] Asia-Pac stocks took impetus from Waller-inspired global risk sentiment, while focus turns to the NFP report2 days ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 6 TICKS LOWER AT 107-151 day ago
- [MARKET ANALYSIS] G10FX quiet into US Payrolls; JPY underperforms1 day ago
- [MARKET ANALYSIS] European bourses trade on the backfoot ahead of US NFP; VOW3 GY approves Future Plan 20301 day ago
The whole workspace, free to try.
Try it free