Meanwhile In Global Logistics...

Tyler Durden's picture

FedEx started the day down around 4% (on the disaster that we noted earlier) and has not looked back. Now at the lows of the day, down 7% (and 8.5% from its highs yesterday) this is the biggest drop and biggest volume (with 30 minutes left in the day) in 18 months.

 

So much for global trade volumes...