FedEx Tops UPS in Market Value, Becomes Biggest US Parcel Firm

FedEx Corp. has eclipsed rival United Parcel Service Inc. as the largest US parcel carrier by market value for the first time, a landmark moment underscoring the couriers’ diverging paths...

By Matthew Griffin · Bloomberg Markets

FedEx Corp. has eclipsed rival United Parcel Service Inc. as the largest US parcel carrier by market value for the first time, a landmark moment underscoring the couriers’ diverging paths in the volatile package-delivery business.