The company operates through four segments FedEx Express; FedEx Ground; FedEx Freight; and FedEx Services. On February 5, FDX announced acquiring RouteSmart Technologies, a global leader in route ...
With 2025 on the horizon, the lingering uncertainty around trade policies could significantly affect importer strategies and bottom lines. Our trade specialist offers a few suggestions to get ready.
With capacity declines driving more freight market gains than demand in 2025, FedEx Freight’s spin-off and march to more market share could prolong the ‘flattish’ LTL volumes, analyst warns.
Joe Gibbs Racing has found a replacement for FedEx in the freight category with Atlanta-based Saia LTL Freight, keeping the NASCAR team in a familiar business space. Saia joins JGR as a multiyear ...
FedEx has announced FedEx Freight President Lance Moll is retiring after 33 years with the company. Moll will serve in his current position until Jan. 31 and move into an executive advisor role ...
30. 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.
Revenue from acquired companies only included for period after close of acquisition. All revenue figures have been converted to U.S. dollars based on the average exchange rate in the appropriate ...
However, the impact of cost actions lagged volume declines and operating expenses remained high relative to demand. FedEx Express operating income declined 69% due to an 11% year-over-year reduction ...
It operates through the following segments: FedEx Express, FedEx Ground, FedEx Freight, FedEx Services, and Corporate, Other, and Eliminations. The FedEx Express segment consists of domestic and ...