Some of the largest US less-than-truckload carriers, including FedEx Freight, are adding terminals and doors to their networks as LTL freight demand defies the threat of economic recession.
FedEx Freight news and analysis. Get the latest news about FedEx Freight and the trucking industry.
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.
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.
16 Mar 2015
Truck drivers at the Stockton, California terminal of FedEx Freight, the largest U.S. trucking company, voted to join the Teamsters union, making Stockton the fourth terminal to go union since the start of an organizing campaign last fall. However, six terminals have rejected the union, and the Teamsters have withdrawn six election petitions.
21 Jan 2015
The Teamsters union suffered a pair of setbacks this week in its drive to organize FedEx Freight, the largest U.S. less-than-truckload carrier.
17 Dec 2014
Rising volumes propelled FedEx profit up 23 percent year-over-year to $616 million in its second quarter ended Nov. 30, the second-largest U.S. transport operator reported today.
12 Dec 2014
Con-way Freight workers in Miami Lakes, Florida, voted to join the Teamsters union, making their facility the third in Con-way's LTL network to go union. Three other terminals have rejected the Teamsters.
04 Dec 2014
The Teamsters union drive to organize FedEx Freight, the largest U.S. less-than-truckload carrier is hitting a few roadblocks. The union withdrew an election petition at the less-than-truckload carrier’s Nashville, Tennessee, terminal this week.
01 Dec 2014
Pricing power and advances in technology are spurring innovation in LTL pricing, encouraging carriers to test out dimensional-weight pricing and other alternatives to class-based tariff rates as they seek more dynamic, flexible pricing models.
20 Nov 2014
A Teamsters union election for drivers at a FedEx Freight terminal in Richmond, Virginia, has been canceled, the third election withdrawal in three weeks.
14 Nov 2014
Employees at a Con-Way Freight facility in Manchester, New Hampshire, yesterday rejected calls to join the Teamsters union in National Labor Relations Board.
13 Nov 2014
The third quarter was good to practically all the publicly owned U.S. trucking companies: none reported losses, and their combined revenue rose 10.7 percent to more than $10 billion, supported by a second quarter of stronger freight demand and economic growth.
13 Nov 2014
Road and city drivers at a FedEx Freight terminal in Newark, N.J., voted against joining the Teamsters union — the second victory for FedEx Freight in four elections.
05 Nov 2014
William J. Logue, a veteran FedEx executive who rebuilt the company’s industrial trucking business following the 2007-2009 recession, will retire Dec. 31, FedEx said today.
03 Nov 2014
The Teamsters union won a representation election at a New Jersey FedEx Freight terminal Oct. 31, but called off another vote at a less-than-truckload terminal in Pennsylvania.
28 Oct 2014
Employees at two Con-way Freight terminals in Southern California rejected the Teamsters while those at another voted for the union. The company could face more elections.
21 Oct 2014
UPS will raise freight rates for air and ground packages, domestic and international shipments and less-than-truckload freight by 4.9 percent on average Dec. 29, the company said Monday.
18 Oct 2014
Coverage on congestion at the Los Angeles-Long Beach port complex continued to interest JOC.com readers this past week, as what could be the worst gridlock to hit the largest port complex in the Americas continues.
15 Oct 2014
The Teamsters union is intensifying efforts to organize truck drivers and other workers at FedEx Freight and Con-way Freight, the two largest U.S. less-than-truckload trucking companies.
18 Sep 2014
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.
18 Sep 2014
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 now preparing for an influx of freight ahead of the holiday season.
17 Sep 2014
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.
01 Sep 2014
A review of publicly owned trucking company earnings in the second quarter shows the strength of freight demand building up as the U.S. economy expanded, supporting growing expectations of a busier than typical peak shipping season in North America this fall.
26 Jul 2014
The International Longshore and Warehouse Union and the Pacific Maritime Association met for three days this past week without concluding negotiations; at the weekend, the parties announced a week-long recess in the talks. German carrier Hamburg Süd announced plans to acquire the container operations of Chile’s CCNI, in a move resembling the deal between larger competitor Hapag-Lloyd and Chile’s CSAV, and Crowley is reported to be in talks to acquire Horizon Lines’ Puerto Rico assets. Earnings reports by U.S. truckload carriers are pointing to a stronger freight recovery in the United States, though rail service continues to be held back. And on Friday, Anne S. Ferro announced her departure from the Federal Motor Carrier Safety Administration after five years leading the agency.
18 Jun 2014
The move to dimensional weight pricing should have a positive impact on FedEx, executives with the shipping giant emphasized on the company’s fourth quarter earnings call.
30 May 2014
After five years of economic growth, less-than-truckload carriers are making progress toward rebuilding their profitability, a review of LTL carrier operating ratios shows.