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FedEx Earnings Down 17% Due to Cyber Attack and Harvey

fleetnewsdaily | September 20, 2017

FedEx Corp reported earnings of $2.19 per diluted share ($2.51 per diluted share on an adjusted basis) for the first quarter ended August 31, compared to earnings of $2.65 per diluted share ($2.82 per diluted share on an adjusted basis) a year ago — down approximately 174%. According to FedEx, both as-reported and adjusted earnings […]

Harvey to Disrupt Trucking and Fleets — Big Time

fleetnewsdaily | August 31, 2017

According to an analysis by freight research firm FTR Transportation Intelligence, Hurricane Harvey will impact more than 7% of U.S. trucking over the next two weeks, with some portion of that fraction being entirely out of operation. What’s more, during the first week after Hurricane Harvey, almost 10% of all U.S. trucking is estimated to […]