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 ...

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 ...

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 ...

FedEx Corp. on Dec. 19 announced its intent to spin off its FedEx Freight unit into a separate company, creating the largest publicly traded less-than-truckload carrier in North America in the process ...

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 ...

(Bloomberg) -- FedEx Corp. shares soared after the company said it plans to spin off its freight division into a separate publicly traded company in a deal that will streamline the parcel giant. With ...

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 ...

Uber Technologies (NYSE:UBER) is reportedly looking into parting with its freight logistics division, either via an initial public offering or outright sale. The San Francisco-based Uber (UBER) would ...

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 ...

The Zeebrugge–Gothenburg freight ferry route will see higher capacity after DFDS and CLdN agreed to extend their cooperation ...