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

In its fiscal 2024, which ended in May, FedEx derived 47% of revenue from its express division, 37% from ground, and 10% from ...

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. The ...

Baird Global Industrial Conference November 12, 2024 5:05 PM ETCompany ParticipantsJenifer Hollander - VP of IRJohn Dietrich ...

Less-than-truckload carriers continue to take general rate increases even as the overall demand picture remains murky.

Two of the largest for-hire carriers are making operational and financial preparations for an anticipated upturn in the ...

Along the way, the LTL buildout has included acquiring multiple terminals in Texas once used by Central Freight Lines and also taking over multiple sites from FedEx Freight across the U.S. Some of the ...

The market has consistently undervalued FedEx's less-than-truckload operations. A spin-off or sale could unlock substantial value, as peers like Old Dominion and Saia trade at higher multiples on ...

FedEx's Q1 2025 results missed expectations ... weights dropped by 3% as a lot of heavier shipments moved over to the truckload market, where rates are lower. Investors should pay close attention ...

Following impressive growth over the past decade, Old Dominion Freight Line is the second-largest US less-than-truckload carrier by revenue (after FedEx Freight) and the clear industry leader in ...

LTL weight guidelines can vary greatly. While NFMC says weights range from 100 to 10,000 pounds, some carriers — such as FedEx — only accept LTL freight of at least 150 pounds. Some carriers ...