Astronics Corp
Change company Symbol lookup
Select an option...
ATRO Astronics Corp
HLT Hilton Worldwide Holdings Inc
MAIN Main Street Capital Corp
WIA Western Asset Inflation-Linked Income Fd
VST Vistra Corp
VRSN Verisign Inc
UCTT Ultra Clean Holdings Inc
TVTY Tivity Health Inc
TPL Texas Pacific Land Trust
TNC Tennant Co
Go

Industrials : Aerospace & Defense | Small Cap Blend
Company profile

Astronics Corporation is a supplier of products to the aerospace, defense, electronics and semiconductor industries. The Company's products and services include electrical power generation, distribution and motion systems, lighting and safety systems, avionics products, aircraft structures, systems certification and automated test systems. The Company operates through two segments: Aerospace and Test Systems. The Aerospace segment designs and manufactures products for the global aerospace industry. Its product lines include lighting and safety systems, electrical power generation, distribution and motions systems, aircraft structures, avionics products, systems certification and other products. The Test Systems segment designs, develops, manufactures and maintains automated test systems that support the semiconductor, aerospace, communications and weapons test systems, as well as training and simulation devices for both commercial and military applications.

Closing Price
$7.87
Day's Change
0.27 (3.55%)
Bid
--
Ask
--
B/A Size
--
Day's High
7.99
Day's Low
7.55
Volume
(Light)
Volume:
179,360

10-day average volume:
270,402
179,360

FedEx to Transform Package Tracking with SenseAware ID, the Latest Innovation in FedEx Sensor Technology

9:00 am ET September 14, 2020 (BusinessWire) Print

FedEx Corp. (NYSE: FDX) today announced the launch of SenseAware ID, a lightweight sensor-based logistics device that delivers a new level of precision tracking. The enhanced location visibility provided by this technology will create opportunities for FedEx customers to reimagine their supply chain through real-time updates on a package's location within the FedEx Express network. SenseAware ID will improve the safety, security and timeliness of deliveries - key attributes for packages that contain critical contents such as life-saving pharmaceuticals and emergency medical supplies.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200914005283/en/

The detailed location data provided by SenseAware ID is a critical differentiator for healthcare industry customers, and FedEx expects to use this new technology with anticipated COVID-19 vaccine shipments. The rollout of SenseAware ID is well-timed as FedEx continues to move life-saving pharmaceuticals and medical supplies for healthcare customers throughout the U.S.

"Package tracking and visibility are more important now than ever, as businesses have become increasingly reliant on timely deliveries," said Robert B. Carter, executive vice president and chief information officer, FedEx Corporation. "Created by our innovation teams at FedEx, SenseAware ID was designed to give our customers the precise level of tracking they've been looking for, enabling them to optimize their supply chains and make any necessary adjustments during the journey of their shipments."

FedEx has long been a pioneer in sensor-based logistics, providing advanced tracking of urgent and high value shipments for over a decade through its proprietary SenseAware portfolio. SenseAware ID is the latest innovation in FedEx sensor technology, designed to make sensor-based logistics more accessible to FedEx customers.

SenseAware ID uses a lightweight, compact sensor that transmits precise package location data every two seconds via Bluetooth Low Energy (BLE) to WiFi access points or established gateway devices throughout the FedEx Express network. Packages equipped with the SenseAware ID sensor are tracked hundreds of times versus dozens of times with traditional package scanning protocols, which provides an unprecedented amount of real-time data about the location of the shipment.

As part of the initial roll-out, SenseAware ID sensors are being applied to First Overnight shipments within the U.S. domestic FedEx Express network. An initial round of customers in the healthcare, aerospace and retail industries will receive access to the enhanced data in November 2020. FedEx expects to expand access to this precision location data to additional customers throughout the first half of 2021. SenseAware ID will eventually be made available for a broad range of premium FedEx Express services.

The enhanced package visibility data provided by SenseAware ID will give FedEx healthcare customers the opportunity to closely monitor and proactively protect shipments using additional FedEx healthcare services, including cold-chain storage, thermal blankets and temperature controlled containers. SenseAware ID is expected to play a critical role in the distribution of COVID-19 vaccines using the FedEx First Overnight service, helping ensure these sensitive shipments are delivered quickly and safely.

About FedEx Corp.

FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $71 billion, the company offers integrated business solutions through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 500,000 team members to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities. To learn more about how FedEx connects people and possibilities around the world, please visit about.fedex.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200914005283/en/

SOURCE: FedEx Corp.

Jennifer Caccavo Cordeau
FedEx Media Relations
901-434-8100
Jennifer.Caccavo@fedex.com
comtex tracking

Earnings Calendar and Events Data provided by |Terms of Use| © 2020 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2020. All rights reserved.