FedEx Freight is giving customers more time to adapt to new less-than-truckload pricing rules, a move that signals concern ...
The TD Cowen/AFS Freight Index shows that economic and company-made headwinds are impacting the freight industry. The companies project that truckload freight costs will increase slightly by the end ...
Customers are looking more deeply at their surcharge spend levels following a record-high quarter for ground delivery costs, ...
Dec 18 (Reuters) - Parcel delivery company FedEx said it was planning ‌for $175 million in unexpected peak-season costs to find trucks and ‌planes to move goods that would have flown on its fleet of ...
FedEx Corporation (NYSE:FDX) shares surged as the company reported a strong quarterly performance, surpassing revenue and profit expectations. The company reported adjusted earnings per share of $3.83 ...
(Reuters) - FedEx reported quarterly profit and revenue above Wall Street estimates, as cost-cutting and strength in domestic deliveries helped offset weaker international volumes after the U.S. ended ...
FedEx said it incurred $25 million in additional costs in November after last month’s UPS cargo plane crash led to the grounding of all MD-11 planes, including FedEx’s fleet. FedEx expects even higher ...