Old Dominion, Saia, and XPO each fell 5% or more after Amazon opened its less-than-truckload service to all U.S. businesses
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(Bloomberg) -- Shares of several large trucking companies plunged on Wednesday after Amazon.com Inc. announced an expansion of its shipping service that has already shaken the transportation and logistics sector and unsettled investors.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Launches Strikes Against Iran After Helicopter Shot DownUS Strikes Iran After Helicopter Downed, Testing Peace TalksStocks Pare Tech-Led Drop as Rotation Gains Speed: Markets W
FedEx Freight Holding Company, Inc. (NYSE:FDXF) was among the stocks Jim Cramer discussed on Mad Money, along with the recent sell-off in the market. Cramer believes it can become one of the “best operators in the world,” as he said: Today’s the day when I’m proud that we held on to our FedEx Freight, the […]
FedEx has completed the spin-off of its FedEx Freight business into an independent public company. The company has signed an air logistics partnership with China Southern Airlines focused on the Asia Pacific region. These moves reshape FedEx's corporate structure and its approach to international air network capacity. FedEx, traded as NYSE:FDX, is making structural changes at a time when its stock price stands at $331.76. The company has posted a return of 13.2% year to date and 84.7% over...
The typical American worker now passes through six employers over a career, and each job change leaves behind a retirement account to keep track of. Fidelity’s 2026 study found that 23% of Americans with retirement accounts still have multiple balances sitting in old or current workplace plans. That fragmentation is the quiet drag on retirement ... The Average American Has Worked for 6 Employers and 23% Still Have Multiple Old Retirement Accounts, Fidelity’s 2026 Study Finds
FedEx pilots have finally approved a collective bargaining agreement after years of labor unrest. The post FedEx pilots approve new contract, ending protracted bargaining appeared first on FreightWaves.
FDX's consistent efforts to reward its shareholders through dividend hikes highlight its financial bliss.
FedEx and China Southern Cargo promise to work together on finding joint cargo efficiencies. The post FedEx, China Southern Airlines to explore cargo cooperation appeared first on FreightWaves.
FedEx Corp (NYSE:FDX) is one of the best stocks to buy according to billionaire Bill Gates. FedEx shares are up more than 50% over the past six months and have soared more than 85% over the past year. Analysts see more upside in the stock. On June 1, FedEx Corp (NYSE:FDX) completed the spinoff of […]
FedEx Freight bucked the market trend on Friday, making it one of the best-performing stocks in the S&P 500 on a tough day for the market. Shares of the company, which spun out of FedEx on June 1, gained 6.4% on Friday, closing at $167.84, while the and fell 2.6% and 4.2%. FedEx Freight is likely avoiding the drawdown because shares are very new.
Transportation stocks offered a rare bright spot in an otherwise bleeding market today. The Dow Jones Transportation Average, which tracks 20 large U.S. companies ranging from airlines to railroads to truckers, was up about 1.
The company's Network 2.0 initiative can now go into full swing.
Find insight on FedEx Freight, Volvo and more in the latest Market Talks covering Auto and Transport.
Can PBI's first bookings increase in years, alongside subscription growth, help SendTech shift from stabilization toward sustainable growth?
As parcel carriers like SpeedX and Veho deploy in-house AI tools, experts say the technology could help upstarts close the gap with FedEx and UPS.
FedEx has outpaced its sector peers recently, and analysts remain moderately optimistic about the stock’s prospects.
A FedEx air cargo contractor says it wants to use bigger aircraft on Caribbean routes, but that FAA rules governing how far the planes can fly over water jeopardize continued service. The post FedEx partner airline says Caribbean service at risk without FAA waiver appeared first on FreightWaves.
FedEx Corporation (NYSE:FDX) was among the stocks Jim Cramer talked about as he discussed the recent rally in several AI-related stocks. Cramer highlighted the company’s new spin-off, as he commented: Today, the long awaited break up of FedEx finally arrived as FedEx Freight, their former, less than truckload business, began regular way trading on the […]
Christy Totin discusses the appeal of healthcare software financial leadership after a decade in retail finance.
FedEx is expected to announce its sixth consecutive dividend hike with Q4 results scheduled on 23 June.
FedEx's strategic spinoff of its freight division positions the leaner express company to drive significant margin expansion and higher investment returns.
FedEx's (FDX) fiscal fourth-quarter earnings could fall short of Wall Street's expectations as margi
Jim Cramer says newly public FedEx Freight could become a “true winner” as Wall Street bets the trucking giant’s spinoff from FedEx will finally unlock the premium valuation.
FedEx (FDX) is poised to report fiscal Q4 earnings before interest and taxes, and earnings per share
By Satish Jindel On Monday, FedEx Corp. spun-off its Freight division. What is left is the combined network of FedEx Express and FedEx Ground. It’s an opportune time to remember that FedEx (NYSE: FDX) would be a distant third-place parcel carrier in the U.S. market without the acquisition of RPS as part of the $2.4 […] The post Commentary: Why RPS is the most successful transportation startup ever appeared first on FreightWaves.
FedEx Freight (NYSE:FDXF) shares traded around $152 on Tuesday afternoon after Bank of America initiated coverage of the newly independent less-than-truckload (LTL) carrier with a ‘Buy’ rating and a $185 price target. The initiation comes one day after FedEx Freight was spun off from FedEx...
FedEx Freight was spun off from FedEx to operate independently.