FedEx Freight, the smallest operating division of FedEx but biggest stand-alone U.S. trucking company, flew higher than the company’s flagship Express division in the last quarter, increasing its operating profit a lofty 70 percent to $168 million on a 13 percent increase in revenue to $1.61 billion.
There really was a Christmas in July this year, at least in terms of increased global container business. That bodes well for North American trucking, intermodal rail and package delivery companies...
Strong domestic volumes in the air and on the ground delivered double-digit profit growth for FedEx in the first quarter of its new fiscal year.
An influx of freight and higher rates is boosting third-quarter profitability at YRC Worldwide, the company said Tuesday.
Rail service problems are starting to hurt truckers with intermodal operations, especially those such that move refrigerated goods, a transportation analyst says.
What's the best way to celebrate National Truck Driver Appreciation Week? 1) Raise pay; 2) Start to build a more 'driver-centric' business.
Advances in technology and shipper demand are leading trucking companies toward the 'connected enterprise' and closer ties to customer supply chains.
Despite reports of tight truckload capacity, the number of 'active' trucking firms is rising steadily, QualifiedCarriers.com reports.
Fast-growing third-party logistics companies are tuning into and tapping broad trends driving logistics growth in the U.S. and globally, including increased cross-border trade and the expansion of...
Transportation analysts hailed the $700 million investment XPO Logistics won from three global funds yesterday. The question, they said, is what XPO will buy with that money.
U.S. inventory and sales data released by the Commerce Department this week point to increased need to restock already lean inventories heading into the fourth quarter.
More on JOC
Oct 8, 2014 2:00PM EDT
Jun 5, 2014 10:00AM EDT