DHL Shutdown May Boost FedEx and UPS Long-Term (FDX, UPS)

Discussion in 'The Latest UPS Headlines' started by cheryl, Nov 10, 2008.

  1. cheryl

    cheryl I started this. Staff Member

    DHL Shutdown May Boost FedEx and UPS Long-Term (FDX, UPS) - Dividend.com

    The Bottom Line

    This should provide some relief for FedEx and United Parcel Service, who are currently dealing with the economic slowdown that has hurt its shares. FDX is down nearly 40% from 52-week highs and UPS is off 30% from its highs. We think this can DHL news will help in the long-term, but short-term both companies may be names to avoid as the end of the economic fallout may still be a ways away. We’ll keep investors posted on both companies’ progress. Neither company is on our “Recommended” list at this time.