Top Transportation Stocks To Invest In Right Now: FedEx Corporation(FDX)
FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. It operates in four segments: FedEx Express, FedEx Ground, FedEx Freight, and FedEx Services. The FedEx Express segment offers various shipping services for the delivery of packages and freight. This segment also provides international trade services specializing in customs brokerage, and ocean and air freight forwarding services; customs clearance services, as well as global trade data, an information tool that allows customers to track and manage imports; and international trade advisory services, including assistance with the customs-trade partnership against terrorism program, as well as publishes customs duty and tax information in various customs areas. In addition, it offers supply chain solutions, including critical inventory logistics, transportation management, fulfillment, and fleet services. The FedEx Ground segment provides business and reside ntial ground package delivery services. It primarily serves customers in the small-package market in North America. The FedEx Freight segment offers less-than-truckload freight services, as well as freight-shipping services. As of May 31, 2010, this segment operated approximately 60,000 vehicles and trailers from a network of 492 service centers. The FedEx Services segment provides sales, marketing, information technology support, and customer service support services; and access to copying and digital printing through retail and Web-based platforms, signs and graphics, professional finishing, computer rentals, and a range of ground shipping and time-definite express shipping services. The company was founded in 1971 and is headquartered in Memphis, Tennessee.
Advisors' Opinion:- [By Riddhi Kharkia]
While, e-commerce has sabotaged the high revenue times of the brick-and-mortar retailers and left them with squeezed m! argins, it has done well for another industry. I am talking about the supply chain and cargo industry, which has gained from this surge in e-commerce as it has expanded reach and brought affordability to many households. One of the companies in this industry that has benefitted by this trend and has been on the high horse since the beginning of the year, is FedEx (FDX). This betterment in operations and increasing confidence of investors is evidenced by the 30% surge in stock price over the last 12 months. The company, founded in 1971 and based in Memphis, Tennessee, had a great earnings report recently and, going into the Christmas season, would appear to be a nice play for investors.
- [By Eric Volkman]
FedEx (NYSE: FDX ) is gearing up to deliver a little more cash for its investors. The company has declared its latest quarterly dividend, which will be $0.15 per share of its common stock. This will be paid on July 1 to shareholders of record as of June 17. That amount is $0.01 higher than FedEx's previous four quarterly distributions of $0.14 apiece.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-transportation-stocks-to-invest-in-right-now.html
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