Shares of Deutsche Post World Net, TNT, UPS and FedEx have recovered from their dramatic slump inOctober with all integrators recording share price increases during November despite the worsening
world economy.DPWN shares experienced the biggest rise with a 23.38% increase as of November 28 compared toOctober 31. The shares of UPS and FedEx also increased substantially. UPS shares rose 8.37% whileFedEx shares increased by 7.47%. TNT shares increased slightly by 1.21% during November.
During October, DPWN shares had suffered the most dramatic fall with a 41.47% drop (September30 to October 31). The shares of the other three integrators also all declined heavily. FedExshares fell by 17.3%, TNT shares declined 16.41% and UPS shares were down 16.1% during October.
Over the course of last month, DPWN shares experienced some ups and downs, from €8.65 onOctober 31 to €11.29 on November 28. Shares remained fairly stable after the US domestic marketpullout announcement on November 10 but there was a clear upward trend in the last week ofNovember. Positive developments at DHL Express during the month included a new $25 million terminalat Bangalore, network expansion in Vietnam, a new €4 million gateway in Turkey and a $3.7 millionhub in Jordan to boost Middle East growth.
TNT shares remained more or less on the same level in November, stagnating in mid- Novemberwith a slight upward trend at the beginning and at the end of the month. Overall, shares increasedslightly from €16.30 on October 31 to €16.50 on November 28. The Dutch group announced variousgrowth activities in emerging markets such as Poland, Russia and Brazil as well as in Europe duringthe month.
Both UPS and FedEx experienced considerable share price increases in November. UPS sharesshow an overall increase throughout the last month with sporadic minor drops from $52.78 on October31 to $57.60 on November 28. But there was a substantial share price boost of 14.56% in the lastweek of November from $49.21 on November 20 to $57.60 on November 28. The share price jump reflectsthe company’s investments in expanding Hong-Kong Europe capacity with B747-400 flights and the $26million investment in Calgary Airport distribution centre in Canada.
FedEx shares saw some ups and down in the course of last month from $65.37 on October 31 to$70.65 on November 28. FedEx shares plunged 6.5% on November 18 after the announcement that it willdelay the opening of its China hub by several months but then recovered again. Positive newsincluded the opening of a new energy-efficient distribution centre in Antwerp, Belgium.
