FedEx Freight's latest quarterly earnings show LTL rates rising in the early months of 2017.
16 Sep 2015
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.
13 Aug 2015
The 28 percent drop in retail diesel fuel prices in the second quarter cut shipper transportation expenses and boosted trucking profits, with the publicly owned motor carriers tracked by JOC.com increasing their combined operating profit by 13 percent. Higher sustainable profits in turn fuel the expansion of capacity needed by shippers.
17 Jun 2015
FedEx reported its first quarterly loss since 2009, thanks to a $2.2 billion pension-related pre-tax charge that bit deep into earnings. Unfavorable exchange rates, a drop in international priority volume and low fuel surcharge revenue also stung the global transport operator.
15 May 2015
The Teamsters union lost a representation election at FedEx Freight's Chicago Heights, Illinois, terminal, the latest setback in the union's effort to organize the largest U.S. less-than-truckload carrier. So far, the Teamsters have organized four FedEx Freight terminals.
05 May 2015
There’s a silver lining in every sky-high stack of containers — if you’re an expedited trucking company. For carriers that move goods quickly by any and all means possible, the container logjam that built up during the West Coast port labor dispute was simply a bonanza.
23 Apr 2015
The Teamsters union lost another round in its terminal-by-terminal organizing battle with Con-way Freight, the second-largest U.S. less-than-truckload carrier. To date, the union has three victories and six losses — not counting two terminals where the Teamsters withdrew an election petition.
30 Mar 2015
Both sides in the debate over larger truck trailers are gearing up for the next battle in a long-standing war as Congress works on the next federal surface transportation bill.
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