NEW YORK, July 21, 2016 /PRNewswire/ --
Strong demand for Air Delivery and Freight Services in the U.S. is expected to continue through 2021 given the country's dominance worldwide. Today, Stock-Callers.com directs investors' attention to these four courier companies' stocks: United Parcel Service Inc. (NYSE: UPS), FedEx Corp. (NYSE: FDX), Expeditors International of Washington Inc. (NASDAQ: EXPD), and C.H. Robinson Worldwide Inc. (NASDAQ: CHRW). Register today and receive our complimentary notes and more at: http://stock-callers.com/registration
United Parcel Service
Atlanta, Georgia headquartered United Parcel Service Inc.'s shares saw a slight decline of 0.05% and finished Wednesday's trading session at $110.59. A total volume of 1.33 million shares was traded. In the last month and the previous three months, the stock has advanced 4.23% and 4.96%, respectively. Additionally, the Company's shares have gained 16.73% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 5.32% and 9.85%, respectively. Moreover, shares of United Parcel Service, which provides transportation, logistics, and financial services in the U.S. and internationally, have a Relative Strength Index (RSI) of 68.36.
On July 18th, 2016, United Parcel Service announced the expansion of its UPS Worldwide Express package service to reach 117 countries and territories, which comprise nearly 95% of the global gross domestic product, and 96% of real imports providing an earlier delivery option for customers to more locations. The UPS Worldwide Express service offers guaranteed delivery on the next business day by 10:30 a.m., noon or 2 p.m. depending on the destination. The expansion is part of the company's $2 billion investment in European operations through 2019 to expand destinations, improve time and transit and increase overall capacity. Visit us today and access our complete notes on UPS at: http://stock-callers.com/registration/?symbol=UPS
On Wednesday, shares in Memphis, Tennessee-based FedEx Corp. recorded a trading volume of 683,397 shares, and ended the session 0.24% higher at $160.07. The stock has gained 7.90% on an YTD basis. The Company's shares are trading 0.47% and 5.32% above their 50-day and 200-day moving averages, respectively. Furthermore, shares of FedEx, which provides transportation, e-commerce, and business services in the U.S. and internationally, have an RSI of 55.64.
On June 23rd, 2016, research firm Deutsche Bank reiterated its 'Buy' rating with an increase of the target price to $198 a share from $190 a share for the Company's stock.
On July 06th, 2016, FedEx Freight announced the launch of the FedEx Freight® box in the U.S. This new flat-rate freight box option makes transporting less-than-truckload shipments simple, with improved flexibility, increased security, and best of all - no freight classification. The complimentary notes on FDX can be accessed at: http://stock-callers.com/registration/?symbol=FDX
Expeditors International of Washington
Shares in Seattle, Washington headquartered Expeditors International of Washington Inc. closed the day at $49.81, slightly down 0.38%. The stock recorded a trading volume of 840,770 shares. The Company's shares have advanced 2.34% in the last one month, 1.72% in the previous three months, and 11.35% since the start of this year. The stock is trading 2.32% above its 50-day moving average and 5.12% above its 200-day moving average. Additionally, shares of Expeditors International of Washington, which provides logistics services, have an RSI of 57.81. Register for free on Stock-Callers.com and access the latest notes on EXPD at: http://stock-callers.com/registration/?symbol=EXPD
C.H. Robinson Worldwide
At the closing bell yesterday, shares in Eden Prairie, Minnesota headquartered C.H. Robinson Worldwide Inc. ended 0.63% lower at $71.17 and with a total volume of 1.28 million shares traded. The stock has advanced 16.12% on an YTD basis. The Company's shares are trading above their 200-day moving average by 2.76%. Furthermore, shares of C.H. Robinson Worldwide, which provides freight transportation services and logistics solutions to companies in various industries worldwide, have an RSI of 38.98.
On July 09th, 2016, C.H. Robinson, was named the #1 3PL (third-party logistics) by readers of Inbound Logistics magazine for the sixth consecutive year.
On July 18th, 2016, research firm Raymond James downgraded the Company's stock rating from 'Outperform' to 'Market Perform'. Get free access to your notes on CHRW at:
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