The less-than-truckload division is churning through too many profitable customers and wants to densify its network. Its parent company’s boss doesn’t see the market lending ...
Pitt Ohio hosted a Thursday call to help shippers prepare for changes to the less-than-truckload freight classification ...
Ty Gibbs will be sporting a new look for Joe Gibbs Racing at Atlanta Motor Speedway this weekend. Saia has replaced FedEx as JGR's newest freight partner.
We consider Old Dominion's capital structure to be very healthy. At the end of 2024, the company posted modest total debt near $60 million (versus $80 million in 2023), with a negligible debt/EBITDA ...
Memphis, Tennessee-based FedEx Corporation (FDX) offers transportation, e-commerce, and business services. Valued at $64.4 billion by market cap, the company provides logistics and transportation ...
XPO's core trucking volume (tonnage) is subject to variability in macroeconomic conditions, and cyclical downturns in demand will compress profitability. Excess capacity has historically driven ...
Old Dominion, Saia, XPO and ArcBest all fielded questions from analysts about how the move might affect their operations and ...
FedEx's challenges and strategies for recovery make it a high-risk investment, with cautious optimism for potential growth ...
In its fiscal 2024, which ended in May, FedEx derived 47% of revenue from its express division, 37% from ground, and 10% from freight, its asset-based less-than-truckload shipping segment.
Old Dominion Freight Line, Inc operates as a less-than-truckload motor carrier in the United States and North America. The company offers regional, inter-regional, and national less-than-truckload ...
Purolator, which specializes in package delivery and is majority owned by Canada Post, sees the deal as an international ...
While there is weakness in core truckload freight ... noting that freight demand would stabilize once excess capacity has reduced. A faster-than-expected recovery in the freight market would ...