Geopolitics Alpha

FedEx Tariff Lawsuits Consolidated in Memphis Federal Court

Published . Updated .

FedEx Tariff Lawsuits Consolidated in Memphis Federal Court

FedEx customers want their tariff fees back — and now 13 lawsuits have merged into one Memphis case.

Directly affected

  • FDX Fedex+5.8% 30d

    Named in this report.

Indirectly affected

  • XLI Industrial Select Sector SPDR-1.5% 30d

    Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story.

  • XRT SPDR S&P Retail ETF

    SPDR S&P Retail ETF: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story.

  • CAT Caterpillar-23.7% 30d

    Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.

  • DE Deere-1.3% 30d

    Deere (farm machinery and equipment): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.

  • WMT Walmart+14.9% 30d

    Walmart (variety stores): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.

  • NKE Nike+7.1% 30d

    Nike (rubber and plastics footwear): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
FDX-3.89%-2.55%base+1.80%after closeafter closeafter close
XLINo price data for this ticker———————
XRTNo price data for this ticker———————
CATNo price data for this ticker———————
DENo price data for this ticker———————
WMTNo price data for this ticker———————
NKE-2.04%-3.94%base+1.14%after closeafter closeafter close

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

Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.

FedEx Tariff Lawsuits Consolidated in Memphis Federal Court Hoodline

Source: Hoodline

Select Sector Spdr Tr (XLI) since “FedEx Tariff Lawsuits Consolidated in Memphis Federal Court,” compared with the market

CompanyWhenMoveStatus
FDXthat day+1.80%final price
FDXthree days earlier-2.55%final price
FDXfive days earlier-3.89%final price
Nike (NKE)that day+1.14%final price
Nike (NKE)three days earlier-3.94%final price
Nike (NKE)five days earlier-2.04%final price

Trades by members of Congress and officials in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who is named in “FedEx Tariff Lawsuits Consolidated in Memphis Federal Court”

Companies carried with this story

  • XLI Select Sector Spdr Tr

    Select Sector Spdr Tr (XLI) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “FedEx Tariff Lawsuits Consolidated in Memphis Federal Court.” Reason on file: Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story

  • XRT Spdr Series Trust

    In “FedEx Tariff Lawsuits Consolidated in Memphis Federal Court,” Spdr Series Trust (XRT) is linked, with no stored direction, medium confidence. Reason on file: SPDR S&P Retail ETF: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story

  • CAT Caterpillar

    In “FedEx Tariff Lawsuits Consolidated in Memphis Federal Court,” Caterpillar (CAT) is linked, with no stored direction, medium confidence. Reason on file: Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story

  • DE Deere

    In “FedEx Tariff Lawsuits Consolidated in Memphis Federal Court,” Deere (DE) is linked, with no stored direction, medium confidence. Reason on file: Deere (farm machinery and equipment): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story

  • WMT Walmart

    In “FedEx Tariff Lawsuits Consolidated in Memphis Federal Court,” Walmart (WMT) is linked, with no stored direction, medium confidence. Reason on file: Walmart (variety stores): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story

  • NKE Nike

    In “FedEx Tariff Lawsuits Consolidated in Memphis Federal Court,” Nike (NKE) is linked, with no stored direction, medium confidence. Reason on file: Nike (rubber and plastics footwear): importers and exporters pay or lose sales when tariffs change. Linked by “tariff” (tariffs and trade) in this story

How “FedEx Tariff Lawsuits Consolidated in Memphis Federal Court” reaches Select Sector Spdr Tr (XLI)

The 2 Nov 2026 story “FedEx Tariff Lawsuits Consolidated in Memphis Federal Court” names Select Sector Spdr Tr (XLI) because of this story.

Select Sector Spdr Tr (XLI) is on the page because Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story

A second company, Spdr Series Trust (XRT), is listed for a different reason: SPDR S&P Retail ETF: it holds companies hit by import costs and trade rules. Linked by “tariff” (tariffs and trade) in this story

Dates in the story, and the Select Sector Spdr Tr (XLI) price range

CAT traded between 616.71 and 876.39 across 20 sessions. The latest close on file is 622.77. XLI traded between 163.00 and 172.33 across 20 sessions. The latest close on file is 167.42.

How solid “FedEx Tariff Lawsuits Consolidated in Memphis Federal Court” looks

46 out of 100

“FedEx Tariff Lawsuits Consolidated in Memphis Federal Court” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.