FedEx and UPS Lower Expectations Due to Impending Tariffs

[petencharlie]

Sure hope this doesn't lead to increased shipping rates for both FedEx and UPS.

Here's an article concerning the on-again, off-again uncertainty regarding steel and aluminum tariffs:

https://finance.yahoo.com/news/fedex-shares-drop-annual-forecast-093652731.html 

[tobaccocardyahoo]

FEDEX has so many problems that they will point to any excuse beyond their control.

The question it brings to mind is who in their right mind is going to  bid for USPS if it is put on the market?

[slippinjimmy]

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@petencharlie wrote:

Sure hope this doesn't lead to increased shipping rates for both FedEx and UPS.

Here's an article concerning the on-again, off-again uncertainty regarding steel and aluminum tariffs:

https://finance.yahoo.com/news/fedex-shares-drop-annual-forecast-093652731.html 

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Tariffs are not going to affect domestic shipments, tariffs may affect cross border shipments. A very significant portion of both FedEx and UPS business and revenue comes from cross border shipping.