FedEx Corporation (FDX)
| Previous close | 266.07 |
| Open | 263.94 |
| Bid | 264.26 x 900 |
| Ask | 264.31 x 900 |
| Day's range | 262.70 - 265.46 |
| 52-week range | 213.81 - 291.27 |
| Volume | |
| Avg. volume | 2,020,064 |
| Market cap | 65.162B |
| Beta (5Y monthly) | 1.22 |
| PE ratio (TTM) | 15.29 |
| EPS (TTM) | 17.32 |
| Earnings date | 25 Jun 2024 |
| Forward dividend & yield | 5.04 (1.89%) |
| Ex-dividend date | 08 Mar 2024 |
| 1y target est | 313.15 |
- Reuters
FOCUS-UPS, FedEx transition to electric vans slowed by battery shortages, low supply
UPS and FedEx are facing uncertainty in U.S. supplies of big, boxy electric step vans they need to replace their gas guzzlers and make a dent in the country's climate-warming tailpipe emissions. The path to electrification by the package delivery giants is critical to U.S. President Joe Biden's transportation climate goals. Achieving that aim, however, is hampered by battery shortages that are limiting EV supplies and keeping prices high, and by startup electric van makers that are running out of money and shutting down.
ReutersUPS, FedEx transition to electric vans slowed by battery shortages, low supply
LOS ANGELES/SAN FRANCISCO (Reuters) -UPS and FedEx are facing uncertainty in U.S. supplies of big, boxy electric step vans they need to replace their gas guzzlers and make a dent in the country's climate-warming tailpipe emissions. The path to electrification by the package delivery giants is critical to U.S. President Joe Biden's transportation climate goals. Achieving that aim, however, is hampered by battery shortages that are limiting EV supplies and keeping prices high, and by startup electric van makers that are running out of money and shutting down.
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