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Industrials Flat as Trade-Deal Awaited -- Industrials Roundup

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01/14/2020 | 04:54pm EST

Shares of industrial and transportation companies were flat as investors awaited the terms of a trade deal.

Shares of shipping giant FedEx rallied after Amazon.com lifted its ban on using the company's services for third-party "Prime" deliveries, saying it was now meeting delivery-time standards. FedEx also cited strong activity over the holiday season, the latest sign that seasonal commercial trends in the U.S. were strong in 2019.

Aircraft giant Boeing said it delivered 380 jets in 2019, hundreds fewer than a year earlier, as the global grounding of the 737 MAX caused the aerospace giant to fall behind arch rival Airbus.

Write to Rob Curran at rob.curran@dowjones.com

Stocks mentioned in the article
ChangeLast1st jan.
AIRBUS SE 0.83% 132.9 Real-time Quote.1.01%
BOEING COMPANY (THE) -0.17% 338.3 Delayed Quote.4.03%
FEDEX CORPORATION 1.62% 161.14 Delayed Quote.4.87%
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