FedEx Freight Q3 shipments dip slightly following spinoff
Published . Updated .
This report is about container shipping.
Directly affected
- FDXF FedEx Freight Holding-8.7% 13d
Named in this report.
Indirectly affected
- BWET Breakwave Tanker Shipping ETF+25.1% 18d
Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “freight” (container shipping) in this story.
- IYT iShares U.S. Transportation ETF
iShares U.S. Transportation ETF: it tracks shipping freight. Linked by “freight” (container shipping) in this story.
- ZIM ZIM Integrated Shipping Services+1.3% 30d
ZIM Integrated Shipping Services (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “freight” (container shipping) in this story.
- MATX Matson-5.7% 9d
Matson (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “freight” (container shipping) in this story.
- DAC Danaos
Danaos (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “freight” (container shipping) in this story.
- KEX Kirby+5.3% 30d
Kirby (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “freight” (container shipping) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| FDXFNo price data for this ticker | — | — | — | — | — | — | — |
| BWETNo price data for this ticker | — | — | — | — | — | — | — |
| IYTNo price data for this ticker | — | — | — | — | — | — | — |
| ZIM | +0.38% | +1.68% | base | -3.04% | after close | after close | after close |
| MATX | +0.75% | +2.33% | base | -0.86% | after close | after close | after close |
| DAC | -0.53% | -1.04% | base | after close | after close | after close | after close |
| KEXNo price data for this ticker | — | — | — | — | — | — | — |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Market Call
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FedEx Freight Q3 shipments dip slightly following spinoff Trucking Dive
Source: Trucking Dive
Shipping
| Company | When | Move | Status |
|---|---|---|---|
| DAC | three days earlier | -1.04% | final price |
| DAC | five days earlier | -0.53% | final price |
| MATX | that day | -0.86% | still updating |
| MATX | three days earlier | +2.33% | final price |
| MATX | five days earlier | +0.75% | final price |
| ZIM | that day | -3.04% | still updating |
| ZIM | three days earlier | +1.68% | final price |
| ZIM | five days earlier | +0.38% | final price |
How solid “FedEx Freight Q3 shipments dip slightly following spinoff” looks
12 out of 100Price not final
“FedEx Freight Q3 shipments dip slightly following spinoff” scores 12 out of 100. The score uses 1 sources. The price is not final yet.