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Thermon Group delivers industrial heating solutions worldwide, serving sectors from energy and transit to tech and manufacturing.

Raj Subramaniam downplays fears around logistics expansion push

FEATURE Amazon com was disrupting things again on Tuesday. The online retail giant announced 30-minute rapid deliveries on “thousands of groceries and essentials.” The service is now in Atlanta, Dallas–Fort Worth, Philadelphia, and Seattle, “with rapid expansion underway in dozens more U.

Bank of America has added FedEx (NYSE:FDX) to its “US 1 List,” a collection of its best investment ideas. The move, announced May 11, is a high-conviction symbolic signal even without a fresh price target attached. For long-term investors, the inclusion reframes FedEx stock as one of Wall Street’s preferred industrial transformation plays heading into ... BofA Just Picked FedEx Stock as One of Its Best Ideas: Logistics Giant Joins the US 1 List

The changes impact various import and export shipments, including packages traveling to and from the U.S., adding to cost pressures for parcel shippers.

The stock market hit fresh highs as crude oil prices tumbled below $100 on Iran hopes. Earnings were mostly strong, though there were big losers too

For logistic companies, or for logistics investors, it is time to stay calm and carry on. Monday, Amazon com sent a shock wave through the market by announcing Amazon Supply Chain Services, or ASCS, essentially opening up to outside customers the logistics network it built to support its retail business.