FedEx, UPS Touted as Air Freight Winners

Discussion in 'The Latest UPS Headlines' started by cheryl, Jul 8, 2010.

  1. cheryl

    cheryl I started this. Staff Member

    FedEx, UPS Touted as Air Freight Winners - The Street

    FedEx(FDX) and UPS(UPS) stand to gain from declining main deck and belly capacity in the Asia Pacific region, according to transportation industry analyst Helane Becker of Jesup & Lamont.

    In an interview conducted by The Wall Street Transcript, Becker said she prefers the two companies because they operate in both the lower end of the freight distribution business with truckers in the U.S. and in the high end with their international priority product.

    She particularly liked FedEx[​IMG] because it was "asset-light."