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FlavorCloud CEO Rathna Sharad says recovering IEEPA tariff payments becomes far more complicated for importers using smaller global carriers.
XPO (NYSE:XPO) reported record second-quarter results, led by growth in its North American less-than-truckload business, higher pricing and productivity gains from technology initiatives. The company said it expects further margin improvement, faster free-cash-flow growth and continued volume moment
Consumers now expect free delivery in 2.6 days, down from 3.4. Meeting that promise pushed more than half of retailers past FedEx, UPS and the Postal Service. The post Carrier diversification unravels the last-mile delivery duopoly appeared first on FreightWaves.
The carrier's holiday surcharges, which apply across various shipping services, will be higher than they were last year.
With customers facing elevated fees and seeking discounts, Amazon’s delivery services could impact market pricing in the long term, per the TD Cowen/AFS Freight Index.
FedEx is adding a new import fee for the European Union and increasing delivery and pickup surcharges for more than 200 zip codes, as it continues to squeeze customers for revenue by means other than general rate increases. The post FedEx spreads shipping fees to EU, more zip codes appeared first on FreightWaves.
Raj Subramaniam became the second-ever CEO of FedEx by taking every opportunity thrown his way—including his roommate’s job interview.
American Airlines’ board of directors has elected former FedEx and Atlas Air executive as its newest member. The post Former FedEx CFO John Dietrich joins American Airlines board appeared first on FreightWaves.
Investing.com -- Citizens initiated coverage of the Transportation, Logistics & Services group with twenty-two names, naming FedEx among its top large-cap picks alongside FTAI Aviation, Union Pacific and C.H. Robinson, according to a note from analyst Jeff Kauffman.
Pre-Market Stock Futures: Futures are trading higher after a nice bounce-back day for Wall Street, as a tepid June consumer price index report, combined with the President dropping the big Strait of Hormuz tolls, brought buyers back to the table. When the final bell rang, all of the major indices finished the day higher. The ... Here Are Wednesday’s Top Wall Street Analyst Research Calls: Allstate, AMC Entertainment, Boeing, CAVA Group, Check Point Software, Digital Realty Trust, FedEx, IBM, UPS
FedEx (FDX) and UPS spent half a century as the only two names that mattered in American package delivery. They built the aircraft fleets, sorting hubs and delivery routes that turned next-day shipping into a routine promise. The company that once filled those planes and trucks with its own ...
The top 25 of companies in the sector generate $502.2 billion in market capitalization.
Amazon's Low-Cost Shipping Push Raises the Stakes for UPS and FedEx
Amazon's low-cost delivery expansion could intensify competition as overnight shipping may be added in the future.
FedEx has launched a life sciences division, building on its healthcare logistics infrastructure to provide more end-to-end services. The post New FedEx life sciences unit integrates healthcare logistics capabilities appeared first on FreightWaves.
Fewer surcharges are among the tactics the service is using to gain market share after opening to all businesses earlier this year, experts said.
FedEx's steady expansion stands in sharp contrast to UPS's quarterly volatility — and the gap is widening.
FedEx is guiding for a major profit acceleration, but on its latest earnings call, analysts pressed hard on whether the growth is real or just a story of well-timed costs.
Enhancements to the carrier’s sales workforce and tech are positioning the business for revenue growth in H2.
FedEx is selling FedEx Supply Chain to shipping giant CMA CGM for $1.4 billion, narrowing its focus to premium B2B shipping, logistics, and freight moves.
Patrick Moebel, who spent years running FedEx Logistics and Geodis’s North American business, was named CEO of Ceva Logistics on Wednesday. The post CMA CGM hires FedEx executive Moebel to lead Ceva Logistics appeared first on FreightWaves.
The sale of FedEx Supply Chain nearly triples Ceva Logistics' North American contract logistics footprint while sharpening FedEx's focus on parcel delivery.
French container shipping group CMA CGM is nearing a deal to buy FedEx’s third-party logistics business for $1.4bn in cash, further strengthening...
FedEx will be closing its local shipping center at 2200 Ragu Drive next month. According to David Westrick, a FedEx spokesman, the facility will be closing permanently on Aug. 29. Westrick said he could not provide any specific details about the number of employees that will be affected or how this will affect local FedEx shipping services. Local customers have already started receiving emails ...
After grounding its entire MD-11 fleet in November, the carrier began reintroducing the aircraft in May, CEO Raj Subramaniam said.
The revisions trend for full-year 2026 is even more positive than for Q2, with estimates for 11 of the 16 Zacks sectors going up since the start of March.
The revisions trend for full-year 2026 is even more positive than for Q2, with estimates for 11 of the 16 Zacks sectors going up since the start of March.
Shipping companies are at the forefront of efforts to both seek payback from the government for tariffs illegally collected under the International Emergency Powers Act and pass on the money to customers.
The LTL carrier has its sights set on gaining market share in the healthcare, grocery and technology markets as an independent company.
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