Carter never claimed to help create the resulting technologies, which emanated from private-sector savants. But he helped ...
FedEx will spin off FedEx Freight as a new, publicly traded company over the next 18 months, it said on Thursday.
SurePost is a UPS service created in 2011 that offered lower rates in return for non-expedited transit and using postal ...
"Through this process, we will unlock value for our Freight business and position FedEx to create even greater value ... FedEx to focus more on the parcel shipping market, it said in its statement.
FedEx Freight is the largest U.S. provider of less-than-truckload services, which involve carrying multiple shipments from different customers on a single truck; the shipments are then routed ...
FedEx announced the much-anticipated spinoff of its freight trucking division on Thursday, as it restructures operations to focus on its core delivery business.
FedEx again warned that the loss of USPS, its largest customer, would create a $500 million headwind ... are in the throes of the U.S. holiday shipping season, when daily volumes can double.
Social media is replete with memes showing photos from the glory days of airline travel, where well-dressed travelers—think ...
If you’re familiar with cryptocurrency, you’ve likely come across the term ‘blockchain.’ Blockchain is the foundational ...
FedEx Freight segment operating results decreased during the quarter due to fewer shipments ... for our Freight business and position FedEx to create even greater value for stockholder ...
The LTL group runs about 30,000 of those and handles an average of 92,000 shipments daily ... for our freight business and position FedEx to create even greater value for stockholders.” ...
The shipping giant added $5 billion ... move that analysts believe could create up to $20 billion in shareholder value. The news is helping FedEx stock brush off a mixed fiscal second-quarter ...