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Form N-PX CORNERSTONE TOTAL RETURN For: Jun 30

Form N-PX CORNERSTONE TOTAL RETURN For: Jun 30
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U.S. Xpress Enterprises (NYSE:USX) PT Lowered to $4.50 at Stephens

U.S. Xpress Enterprises (NYSE:USX – Get Rating) had its target price trimmed by Stephens from $5.00 to $4.50 in a research note published on Friday morning, The Fly reports. A number of other brokerages have also commented on USX. JPMorgan Chase & Co. lowered U.S. Xpress Enterprises from a neutral rating to an underweight rating […] ....

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FedEx Receives First Boeing 777 Freighter

FedEx Receives First Boeing 777 Freighter
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23 September 2009
US-based global freight carrier FedEx Corporation has received its first Boeing 777 Freighter (777F), the world’s biggest cargo carrier aircraft.
FedEx Express International president Michael L Ducker said that the 777F was a game changer.
“The combination of operational efficiencies and environmental benefits of 777F help FedEx Express make the global customers benefit from more point-to-point routes in shorter flight times,” he said.
During FedEx Express operations the 777 Freighter will be able to fly 5,800nm with a payload capacity of 215,000lb, a 37,000lb increase compared with the fleet of MD-11 freighters.
The 777 Freighter also reduces maintenance cost and provides quieter take-offs and landings better suited to meeting airport noise standards and also uses 18% less fuel than the MD-11 Freighter on comparable FedEx Express routes. ....

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