The agency shifted its air cargo to rival United Parcel Service Inc. To accommodate for the loss in volume, FedEx reduced its daytime flight hours by 60%.

With supply chains optimizing and demand surging, the freight and logistics industry could deliver solid returns in 2025. Amid this backdrop, it could be considered wise to add three well-positioned ...

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

To receive daily news and insights, subscribe to our free daily Trucking Dive newsletter. FedEx Freight President Lance Moll will retire Jan. 31 as the nation’s largest LTL carrier prepares for ...

The cross-border e-commerce logistics ecosystem, including cargo airlines, is bracing for a downturn in business after the ...

Analysts showered compliments on FedEx Corp. for its decision to spin off its freight-handling business as the stock rallied on Friday. The delivery giant unveiled plans late Thursday to create a ...

The U.S. economy faced macroeconomic headwinds in FY 2024, with moderating inflation, continued job growth, and low ...

A global shipping company is moving its cargo operations from Newcastle to Teesside Airport. FedEx's relocation will see an extra eight weekly flights to and from the facility near Darlington.

Why tariffs are particularly bad news for UPS, Forward Air, and FedEx According ... in a two-year-long "freight recession" before these tariffs went into effect. FedEx earnings were down 11% ...