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Mark Solomon

Formerly the Executive Editor at DC Velocity, Mark Solomon joined FreightWaves as Managing Editor of Freight Markets. Solomon began his journalistic career in 1982 at Traffic World magazine, ran his own public relations firm (Media Based Solutions) from 1994 to 2008, and has been at DC Velocity since then. Over the course of his career, Solomon has covered nearly the whole gamut of the transportation and logistics industry, including trucking, railroads, maritime, 3PLs, and regulatory issues. Solomon witnessed and narrated the rise of Amazon and XPO Logistics and the shift of the U.S. Postal Service from a mail-focused service to parcel, as well as the exponential, e-commerce-driven growth of warehouse square footage and omnichannel fulfillment.
Feb - 2023 -
06 February
Mark Solomon

TFI not in M&A discussions with Arcbest, TFI chief says

TFI posted in-line fourth-quarter EPS. Revenue was down in a tough operating environment.

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Mark Solomon

Commentary: The Purple Promise, damaged

For more than 50 years, a familylike bond has existed between FedEx management and employees. After a round of job cuts unprecedented in scope, that bond rests on shaky ground.

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03 February
Mark Solomon

FedEx Freight announces another round of driver furloughs

FedEx Freight on Friday announced the second round of temporary furloughs of drivers in past three months.

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Mark Solomon

FedEx Office ends SameDay City delivery service

FedEx Office plans to focus on other growth opportunities after retiring its SameDay City service, FedEx Corp. says.

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02 February
Mark Solomon

En FedEx, la pesadilla de septiembre parece muy lejana 

Las acciones suben porque la empresa se pone religiosa con la reducción de costos

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Mark Solomon

At FedEx, nightmare of September seems very far away

Wednesday’s announcement of high-level cost cuts, along with word of 12,000 job reductions in all, has sent shares soaring and analysts reevaluating opinions of the company.

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Mark Solomon

RXO expands carrier loyalty rewards program

The initiative has built “stickiness” with drivers, broadened access to carrier capacity and resulted in better service, according to the company’s brokerage head.

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01 February
Mark Solomon

Fed? Recession? Mega-warehouse activity missed the memo

A CBRE report indicates that mega-warehouse leasing activity stayed strong in 2022 and will remain that way in 2023.

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Mark Solomon

FedEx to cut global officer, director workforce by at least 10%

The announcement is part of a reduction of 12,000 jobs since FedEx’s 2023 fiscal year began.

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