Robust Shipment Expectations for the Holiday Season, Financial Results, and New Investments - Research Report on UPS, FedEx, Kirby, Landstar, and Scorpio Tankers Editor Note: For more information about this release, please scroll to bottom PR Newswire NEW YORK, October 31, 2013 NEW YORK, October 31, 2013 /PRNewswire/ -- Today, Analysts' Corner announced new research reports highlighting United Parcel Service, Inc. (NYSE: UPS), FedEx Corporation (NYSE: FDX), Kirby Corporation (NYSE: KEX), Landstar System, Inc. (NASDAQ: LSTR), and Scorpio Tankers Inc. (NYSE: STNG). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below. United Parcel Service, Inc. Research Report On October 25, 2013, United Parcel Service, Inc. (UPS) reported that it expects its daily volume to increase during the 2013 Holiday season, with pick-ups anticipated to exceed 34 million packages globally on its peak day - December 16, 2013. Overall, UPS expects peak season daily volume to increase by 8% YoY in 2013. In addition to its peak day, UPS also released the following key peak season dates: Cyber Monday, December 2, 2013 - Pick-up volume will eclipse 32 million, an increase of 10%; and Tuesday, December 17, 2013 - Peak delivery day with over 29 million packages. UPS also informed that it will hire 55,000 seasonal employees across the U.S. to meet the demand for this Holiday season. The Full Research Report on United Parcel Service, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/500b_UPS] -- FedEx Corporation Research Report On October 23, 2013, FedEx Corporation (FedEx) announced that it expects to see its busiest day in Company history when it moves more than 22 million shipments around the world on Cyber Monday, December 2, 2013. FedEx said that it expects more than 85 million shipments to move through its global networks during the busiest week of the year: December 1-7, 2013, representing an increase of 13% YoY. "Our workforce of more than 300,000 team members worldwide is ready to deliver the holidays once again this year," said Frederick W. Smith, Chairman, President and CEO of FedEx. The Company also stated that it expects to increase its workforce with tens of thousands of seasonal positions to help handle the surge in holiday shipments. The Full Research Report on FedEx Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/b24a_FDX] -- Kirby Corporation Research Report On October 28, 2013, Kirby Corporation (Kirby) released its Q3 2013 and 9M 2013 results. Consolidated revenues for the quarter stood at $551.1 million versus $521.3 million in Q3 2012. The Company reported record net earnings at $69.1 million or $1.21 per share, compared to $53.1 million or $0.95 per diluted share in Q3 2012. Net earnings attributable to the Company for the 9M 2013 stood at $188.8 million or $3.32 per share, compared with $151.6 million or $2.70 per share in 9M 2012. Joe Pyne, Kirby's Chairman and CEO, commented, "For both our inland and coastal marine transportation markets, strong demand, high tank barge utilization levels and favorable pricing trends continued during the third quarter. However, our land-based diesel engine services business continues to be very challenging. The significant increase in pressure pumping horsepower during 2010, 2011 and early 2012, along with current low natural gas prices, resulted in a very weak market for our land-based diesel engine services sector. However, there are signs that this cycle has bottomed and we anticipate an improved market sometime in 2014." Kirby anticipates Q4 2013 EPS to be within $1.05 to $1.15 range, compared with $1.03 earned in Q4 2012. The Full Research Report on Kirby Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/80b7_KEX] -- Landstar System, Inc. Research Report On October 24, 2013, Landstar System, Inc. (Landstar) reported Q3 2013 financial results. Revenue during the quarter was reported at $680.5 million, representing a decline of 5.1% YoY. Net income came in at $29.2 million or $0.64 per diluted share, compared to $33.1 million or $0.71 per diluted share in Q3 2012. The Company stated that it's lower than anticipated operating margin of 43.9% and diluted EPS amounts were mainly due to the result of unexpectedly high insurance and claims expense during the quarter. Landstar Chairman, President and CEO Henry Gerkens said, "Based on current trends, and assuming insurance and claims expense for the 2013 fourth quarter based on a five year historical average of insurance and claims expense as a percentage of BCO revenue, I anticipate revenue to be in a range of $650 million to $700 million and diluted earnings per share to be within a range of $0.62 to $0.70." The Full Research Report on Landstar System, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/9ff1_LSTR ] -- Scorpio Tankers Inc. Research Report On October 28, 2013, Scorpio Tankers, Inc. (Scorpio Tankers) announced that it has entered an agreement with Dorian LPG Ltd. (Dorian) under which the Company will contribute its entire fleet of newbuilding Very Large Gas Carriers (VLGCs), along with a cash contribution of $1.9 million in exchange for newly issued shares, representing 30% of Dorian's pro-forma outstanding shares immediately following the transaction. Scorpio Tankers expects the transaction to close during Q4 2013. The Full Research Report on Scorpio Tankers Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/21cc_STNG] ---- EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by Namrata Maheshwari, a CFA charterholder. However, we are only human and are prone to make mistakes. 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Robust Shipment Expectations for the Holiday Season, Financial Results, and New Investments - Research Report on UPS, FedEx,
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