FedEx Freight will raise its general base rates an average of 3.9 percent March 31, as shippers and trucking companies anticipate higher volumes and tighter capacity this spring.
18 Dec 2013
Benefiting from an improving economy, strong e-commerce sales, and profit initiatives launched last year, FedEx raised both bottom and top lines in its latest quarter. The second-largest U.S. transport company expects even better from 2014.
10 Dec 2013
James Welch has his work cut out for him. Over the next month, the CEO of YRC Worldwide and president of YRC Freight must convince 26,000 Teamsters to extend wage and benefits cuts they agreed to in 2010 another four years. Welch also needs to get them onboard with new concessions, including greater use of subcontractors and utility workers.
19 Sep 2013
FedEx reported its net income in the first quarter of fiscal year 2014, ending Aug. 31, 2013, was $489 million, increasing 7 percent year-over-year from $459 million.
08 Jul 2013
Although further consolidation might benefit some less-than-truckload motor carriers — YRC Freight, for example — mergers are no panacea for the challenges facing LTL trucking. There may be smarter routes to growth that trucking companies, along with shippers and logistics partners, should explore.
08 Jul 2013
JOC Senior Editor William B. Cassidy interviews William Logue, president and CEO, FedEx Freight.
24 Jun 2013
FedEx reported net income in the fourth quarter of fiscal year 2013, ending May 31, 2013, was $303 million, down from $550 million in the fourth quarter of the previous year, ending May 31, 2012.
12 Jun 2013
Con-way Freight will raise its less-than-truckload base rates 5.9 percent on average June 24, along with minimum charges and accessorial fees.
10 Jun 2013
The latest round of general rate increases points to higher contractual pricing to come as LTL carriers seek to regain lost pricing levels.
10 Jun 2013
FedEx Freight will raise its general tariff rates 4.5 percent on average July 1, following a route blazed by UPS Freight and ABF Freight System in May and June.
17 May 2013
FedEx Freight Canada, a subsidiary of FedEx, has held an opening ceremony for its new service center for the Vancouver, British Columbia, area.
12 Apr 2013
FedEx Trade Networks has expanded its presence and service capabilities in the Latin America region through a series of operational developments.