TNT's European road network, and its ability to handle profitable palletized freight, will be important to FedEx as it integrates global express operations.
01 Aug 2016
Despite lower volumes, many LTL carriers say they are still winning contractual rate increases.
25 May 2016
Freight costing "is a huge challenge," Estes Express Lines' chief operating officer told a technology conference.
18 Mar 2016
As part of an effort to improve yields and better cost and price shipments, FedEx Freight says it will add eight dimensional scanners to the 45 it already uses to reweigh and classify freight at terminals.
17 Mar 2016
Suggestions that Amazon.com’s forays into air freight and logistics might disrupt the business of traditional package carriers or compete with them are “fantastical,” FedEx founder and Chief Executive Officer Fred Smith said Wednesday. “Let me emphasize I choose this word carefully,” Smith said.
03 Mar 2016
FedEx, the largest less-than-truckload carrier in North America and the second-largest trucking operator in the U.S., has joined the league of logistics industry groups, including rival UPS, opposed to a proposed Canadian Pacific-Norfolk Southern railway merger.
27 Jan 2016
Departures, both voluntarily and otherwise, in the wake of XPO Logistics’ takeover of Con-Way last year are leading to a migration of some executives to XPO's rival YRC Worldwide and leaving others in limbo.
16 Dec 2015
A steady influx of e-commerce shipments on the ground gave FedEx lift in the quarter that ended Nov. 30, despite weakness in global trade and faltering U.S. industrial production.
02 Oct 2015
Con-way Freight today said it will raise non-contract tariff rates 4.9 percent this month, following rate hikes announced by FedEx Freight in the U.S. and DHL Freight in Europe.
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.
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