Weak demand in the less-than-truckload market and higher-than-expected operating costs in its ground segment spurred FedEx to trim down its earnings outlook for 2016.
16 Sep 2015
astman Chemical is avoiding hundreds of 300-mile round truck trips a month to the Port of Charleston by loading them at the inland port in Greer, South Carolina.
22 Jul 2015
FedEx Express is re-engineering its global network by replacing older, higher capacity planes with more efficient, technically advanced aircraft that have lighter payloads. The result should be a more efficient, higher yield operation in an era of slower air cargo trade.
04 Jun 2015
As trucking firms battle for qualified drivers, Covenant Transport is offering more than 1,000 team drivers on its payroll $1,000 a week in guaranteed minimum pay, perhaps the largest guarantee of its kind yet. That kind of guarantee requires strong support from shippers.