Newark, March 27, 2023 (GLOBE NEWSWIRE) -- The Brainy Insights estimates that the USD 390.5 million air freight unit load device market will reach USD 692.7 million by 2032. A Unit Load Device is a ...
UPS said it is selling its freight unit for $800 million to Canadian trucking company TFI International Inc. as part of its “better not bigger” strategy. UPS Freight, which trucks bulk shipments from ...
MEMPHIS, Tenn. — FedEx Corp. is raising prices in its freight unit by 6.75 percent for most North American shipments. The standard annual rate increase goes into effect Sept. 6, the shipper said today ...
Uber Technologies Inc.’s Uber Freight unit, one of the few bright spots in its most recent earnings report, has raised $500 million at a $3.3 billion valuation from an outside investor. The company ...
On Dec. 19, 2024, FedEx Corporation FDX reported mixed results for the second quarter of fiscal 2025 (ended Nov. 30), after market close. While the transportation heavyweight reported ...
The United Parcel Service will pay a $45 million penalty in association with settled charges from the Securities and Exchange Commission for materially misrepresenting its earnings, relating to the ...
UPS Inc. said some of the Teamsters’ union’s locals are using a “campaign of deception” in an attempt to organize the company’s freight-hauling unit, Bloomberg reported. Some locals have been telling ...
During FedEx Freight’s fiscal second quarter ended Nov. 30, revenue fell 1.7% year over year to $2.14 billion. A 2.8% decline ...
FedEx Corp.’s freight unit is putting workers on furlough in some U.S. markets, adding to mounting evidence of a cargo slowdown as the company joins other large employers trimming their ranks. The ...
Sourcing Journal on MSN
FedEx Spins Off Trucking Unit to ‘Play Offense' in LTL Market
FedEx is spinning off its less-than-truckload (LTL) business. After months of debate on what to do with FedEx Freight, the ...
UPS will pay $45 million to settle charges that it improperly valued its freight division, the Securities and Exchange Commission announced Friday. The regulator agency said that UPS materially ...
The Zeebrugge–Gothenburg freight ferry route will see higher capacity after DFDS and CLdN agreed to extend their cooperation ...
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