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 ...

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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 ...

MEMPHIS, Tenn. (WMC) - FedEx has officially spun off its freight business into a separate company. FedEx Freight Holding Company is now an independent, publicly traded less-than-truckload carrier. Its ...

May 13 (Reuters) - FedEx said on Wednesday ⁠it ⁠would allot its ⁠shareholders one share of the trucking unit it is hiving off for every two shares they hold in the ‌parcel delivery firm. The unit, ...

FedEx is spinning off its less-than-truckload (LTL) business. After months of debate on what to do with FedEx Freight, the logistics giant decided it would separate the division into a standalone ...

UPS has warned its freight customers of a potential strike by the Teamsters union, and the company has said it will not accept freight shipments scheduled to arrive after Thursday, Nov. 8. UPS and the ...

・S&P Dow Jones said FedEx Freight will join the S&P 500 and Dow Transportation Average in early June. ・FedEx Freight will replace EPAM Systems (EPAM) in the S&P 500. ・JPMorgan upgraded FedEx to ...

Uber Technologies Inc.’s Freight unit is buying technology-focused logistics services provider Transplace in a cash and stock deal worth about $2.25 billion that extends the ride-hailing giant’s reach ...

Container rates to the U.S. more than doubled this year, pushing brands to order bigger and earlier. Here’s how that leads to ...