Home / Tag Archives: DPW

Tag Archives: DPW

European delivery rivals slump after FedEx profit warning

Shares of European delivery firms skidded Friday morning after a profit warning from FedEx FDX, -21.64%. Royal Mail RMG, -8.08% shares skidded 10% in London, while DHL owner Deutsche Post DPW, -6.75% stock slid 7% in Frankfurt. FedEx blamed “macroeconomic weakness” in Asia and “service challenges” in Europe for a …

Read More »