Shippers Positive On The Day (FDX, UPS)

The logistics and shipping companies are having a strong day, gaining more than 1% each. FedEx Corporation FDX is up more than 1% today, gaining $1.38 to $86.89. This is good for a gain of 1.6%, on 1.7 million shares. Average daily volume for the stock is around 2.2 million shares. Shares of United Parcel Service, Inc. UPS are up 99 cents to $68.23 a gain of 1.5%. Volume has fairly anemic, as the stock has only traded slightly more than 2 million shares. Volume for UPS is just over 4 million shares.