FedEx, UPS, DHL begin passing tariff refunds to customers

Regulation
โดย Yahoo Finance·Read original
Summary · why it matters

Shipping companies have started passing along over $1 billion in tariff refunds to customers. FedEx has received $800 million from the US government and will begin payouts in August. UPS has applied for about $500 million as part of phase 1 of the government program, with total potential refunds of $5 billion. DHL confirmed money is already flowing to customers but did not disclose a dollar amount. Phase 2 of the CAPE program launches June 29, with phase 3 expected by end of July, expanding eligible refunds.

Impact on stocks 5

Industrials▲ · 3 stocks
FedEx Corporation
FDX
▲ PositiveCapitalrelevance

FedEx receives $800 million in tariff refunds from US government, boosting cash flow.

United Parcel Service Inc
UPS
▲ PositiveCapitalrelevance

UPS applied for about $500 million in refunds with potential total of $5 billion, improving financials.

Deutsche Post AG
DHL
▲ PositiveCapitalrelevance

DHL confirmed money flowing to customers from tariff refunds, though amount undisclosed.

Consumer Staples▲ · 2 stocks
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