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FedEx Freight said it is giving shippers more time to adjust to recent changes to the less-than-truckload classification ...
Trucking, logistics, and other shipping companies have faced economic issues over the last year that have resulted in these firms restructuring their businesses out of court or in Chapter 11 ...
FedEx attributed the poor results to higher operating expenses, a reduced demand for priority services and a single fewer ...
The LTL classification changes has been years in the making. The updates includes a shift to a single density-based scale to simply the classification process for shipments that h ...
FedEx Freight is headquartered in Memphis and handles bulk shipping with any shipment more than 150 pounds considered freight, according to the company. FedEx Freight has about 400 service centers ...
The spin-off of the Freight business was announced as FedEx trimmed its full year profit forecast, highlighting how FedEx’s main businesses continue to struggle with weak demand, especially in ...
FedEx Freight is gearing up for its 2026 spin off with a fresh lineup of seasoned executives, but who are these new leaders, ...
Delving into the details, we found 41% of traders were bullish, while 58% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $323,790, and 6 were calls, valued ...
FedEx announced it will raise shipping rates beginning Jan. 2. In its earnings report Thursday, the company said it would once again increase rates. FedEx Express, FedEx Ground and FedEx Home ...
FedEx plans to increase shipping rates by an average of 6.9% starting in January as it copes with weaker business demand. "Effective January 2, 2023, FedEx Express, ...
FedEx air freight cargo planes parked at a FedEx regional hub at Los Angeles International Airport (LAX) in Los Angeles, California, U.S., September 16, 2022.