An announcement by FedEx Corp. that it was reducing fuel surcharges for its LTL freight by 25% should lead to similar moves by the other major carriers as everyone jockeys for position before the peak ...
FedEx announced Thursday it will move forward with a plan to spin off its less-than-truckload unit, FedEx Freight, into a separately traded public company. FedEx first floated the idea in June in ...
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 ...
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 ...
FedEx's LTL segment reported positive results for the company's fourth quarter with revenue up over 2 percent year-over-year. Tonnage and shipment growth for the quarter continued to lead the LTL ...
A market study completed on behalf of FedEx, which considered both expedited and non-expedited LTL services with published transit standards and nationwide coverage, concluded FedEx Freight Priority ...
FedEx continues to pretty up the nation’s largest less-than-truckload business, FedEx Freight, ahead of a 2026 spinoff. However, a lackluster industrial complex continued to present a headwind during ...
This action will increase efficiencies and reduce operational costs, according to the company. It also will give customers a choice of priority or economy less-than-truckload freight services across ...
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FedEx price target raised to $315 from $280 at Jefferies
Jefferies raised the firm’s price target on FedEx (FDX) to $315 from $280 and keeps a Buy rating on the shares. Shares are up ...
FedEx Freight and FedEx National LTL will implement 5.7 percent general rate increases effective Jan. 5. Both less-than-truckload companies are part of the FedEx Freight Corp. operating segment of ...
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