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.

A Memphis news affiliate reports roughly 300 employees were impacted by the FedEx layoffs, while Pitney Bowes laid off 2,300 ...

Detailed price information for Knight-Swift Transporation Inc (KNX-N) from The Globe and Mail including charting and trades.

Current geopolitical tension and conflicts have affected the air freight and logistics industry. Freight has been rerouted, ...

Truckload shipping refers to the movement of freight in the amounts necessary to fill an entire semi-truck or intermodal container. This is in contrast to less than truckload (LTL) shipping, where ...

While traditional multistop options have served many shippers well, there is an even more impactful option on the market ...

With traditional multistop, shippers can consolidate shipments into fewer trips by coordinating less-than-truckload (LTL) shipments from either multiple origins to a single destination or from a ...

Truckload demand appears to be waning at the ... Volumes are averaging over 25% higher in the Los Angeles to Chicago lane than during the pandemic, replacing an extra 2,200-2,500 truckloads ...