DALLAS, Texas 8/21/2008 10:26:28 PM
News / Finance

Beacon Equity Issues Technical Trade Alerts on Trucking/Transport Stocks: FDX, UPS, CHRW, UTIW, EXPD, JBHT

Today’s Trade Alerts include: FedEx Corp. (FDX), United Parcel Service Inc. (UPS), C.H. Robinson Worldwide Inc. (CHRW), UTi Worldwide Inc. (UTIW), Expeditors International of Washington Inc. (EXPD) and J.B. Hunt Transport Services Inc. (JBHT)

FedEx Corp. (FDX) shares closed yesterday at $82.18 down 0.88% from the previous close of $82.91.  FedEx provides transportation, e-commerce and business services in the United States and internationally...

The company recently declared a quarterly cash dividend of 11 cents per share on FedEx common stock.  The dividend is payable October 1, 2008, to stockholders of record at the close of business on September 10, 2008

FedEx is also launching a new training center and a data backup and storage facility in Collierville, which allows the company to expand in the World Tech Center in Collierville.  It signed two 10-year leases totaling 55,379 square feet in The Market on Poplar shopping center in Collierville, and will relocate by January 1...”

United Parcel Service Inc. (UPS) shares closed yesterday at $63.07, down 1.45% from the previous close of $64.  UPS, a package delivery company, provides transportation, logistics and financial services in the United States and internationally.  It recently officially opened its newest flight training facility, a 27,000-square-foot center that will reduce the time spent away from home for training by Anchorage-based pilots

With two flight simulators, classrooms and offices, the facility is the second such pilot training center in the UPS network and will be in operation approximately 20 hours each day.  The new facility is established to support all phases of flight training and will make it unnecessary for Anchorage-based pilots to fly to Louisville for training.  The UPS Airlines and its main global Worldport hub are located in Louisville

The company operates through three segments: U.S. Domestic Package, International Package, and Supply Chain and Freight.  The U.S. Domestic Package segment's operations include the delivery of letters, documents and packages in the United States…”

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