The 50 largest US trucking operators in the United States saw revenue growth throttle back considerably in 2019, but 2020 is shaping up to be even worse.
FedEx Freight news and analysis. Get the latest news about FedEx Freight and the trucking industry.
25 Sep 2019
Kuehne + Nagel handled the largest combined share of US imports from Asia of any non-vessel-operating common carrier in the first half of 2019, followed by Expeditors International and C.H. Robinson, according to PIERS.
20 Sep 2019
The need for speed and distribution points closer to customers is fueling growth and demand for more capacity among LTL carriers, even in a softer overall freight market.
18 Sep 2019
When it comes to profitability, FedEx’s less-than-truckload arm outperformed its bigger, package-focused sister divisions, while gaining e-commerce business.
07 Aug 2019
Tonnage and shipments are falling, but LTL carriers are piling up profits, thanks to a keen focus on the bottom line not noticeable 10 years ago.
07 May 2019
Trucking companies say a proposal by New York Governor Andrew Cuomo to charge a fee for vehicles entering a “congestion pricing” zone in Manhattan would drive up costs that would then be passed on to shippers.
22 Apr 2019
The 50 largest US trucking operators grabbed a larger share of the market, while smaller carriers raised the bar in terms of revenue growth last year thanks to the strongest freight market since the 2009 recession.
20 Mar 2019
Higher volumes of lighter weight, short-distance e-commerce packages sap revenue and yield at FedEx Express, which also expects slower growth in international trade.
26 Feb 2019
Double-digit revenue increases may be more difficult to come by this year than in 2018, but profits and acquisitions are expected to fuel the fastest-growing truckload and LTL companies.
15 Jan 2019
The business model goals of online marketplaces such as Amazon and Walmart involve more than showcasing retailers’ products online.
12 Sep 2018
New facilities and advanced technology paved the way for six-day operations, FedEx executive vice president Rajesh Subramaniam said Wednesday.
05 Sep 2018
Shippers stand to benefit in at least two ways from Amazon’s plans, based on a laser-focused customer fulfillment strategy.
27 Apr 2018
Sponsored: FedEx Trade Networks' Dr. Udo Lange on the art of matching customer needs with freight forwarder capabilities.
20 Oct 2017
FedEx Trade Networks' Dr. Udo Lange on the fundamental challenge of extreme overcapacity in the market, regulatory compliance challenges, and their strategy for ocean freight forwarding.
19 Sep 2017
Higher base rates boosted revenue, but a cyber attack and hurricane helped depress profit at FedEx this summer. The transport operator plans across-the-board rate hikes.
01 Aug 2017
A steady increase in freight volumes and e-commerce demand is fueling an expansion of LTL networks, with YRC Freight planning eight distribution centers.
03 Jul 2017
ArcBest subsidiary's "cubic minimum charge" is designed to help LTL carrier capture more costs.
23 Jun 2017
Rail tracks end long before e-commerce's last mile, but Amazon.com has many "touch points" at Union Pacific Railroad, Beth Whited says.
22 Mar 2017
FedEx Freight's latest quarterly earnings show LTL rates rising in the early months of 2017.
28 Feb 2017
Mid-sized LTL carriers increased revenue at a faster pace in 2016 and are poised to grow more.
14 Oct 2016
The Teamsters' long-haul campaign to organize XPO Logistics, as well as FedEx Freight, unfolds terminal by terminal, court decision by court decision.
21 Sep 2016
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.
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.
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