The rise of e-commerce continues to disrupt logistics and supply chain operations, driving the need for faster, more efficient delivery models. As consumer demands evolve, traditional freight methods ...
This story appears in the Sept. 20 print edition of Transport Topics. FedEx Corp. last week said it doubled its quarterly profits, largely because of strong international business, and announced a ...
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Freight Recession Drags On: Trucking Volumes Slide Again Despite Capacity Exits
Carriers including XPO, Old Dominion, FedEx Freight and TFI report drops in tonnage as soft demand prolongs a three-year ...
FedEx Corp. said late Thursday it plans to spin off its FedEx Freight unit and create two publicly traded standalone companies as the shipping giant looks to unlock value for its investors. The move ...
(RTTNews) - FedEx Corp. (FDX) Thursday announced its plans to spin-off its FedEx Freight division. Following the news, shares of the company gained nearly 10% in after-hours trading session. The ...
Ben Ames has spent 30 years as a journalist since starting out as a reporter for daily newspapers in Pennsylvania and Massachusetts. He has focused on business and technology reporting since 1999 for ...
FedEx Corp. on Dec. 19 announced its intent to spin off its FedEx Freight unit into a separate company, creating the largest publicly traded less-than-truckload carrier in North America in the process ...
FedEx Corp. plans to spin off FedEx Freight and create a new publicly traded company within the next 18 months. The move will allow each company to continue to pursue its own growth strategies, with ...
The leaders of FedEx have launched a review of the company’s less-than-truckload operations, a move they say is part of “the next phase of […] long-term stockholder value-creation plans” and which ...
CHICAGO, July 23 (Reuters) - FedEx Corp's freight unit said on Monday it would cut its less-than-truckload (LTL) fuel surcharge 25 percent, sparking concerns about the impact of the move on LTL ...
Logistics professionals navigating their path forward face challenging market conditions, an evolving regulatory environment, a rapidly changing technology landscape, and an increasingly competitive ...
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