FedEx Freight

Carere will head a new centralized group focusing on digitization.

Fred Smith se alejará pronto del papel de consejero delegado, según predice una conocida consultora

A noted consultant sees FedEx founder Fred Smith dropping the CEO role to become executive chairman; second-in-command Raj Subramaniam would take Smith’s place.

RacePro Products dice que no hay fondos disponibles para más de 400 acreedores a los que se les debe colectivamente 56 millones de dólares

Nearly 420 trucking and logistics companies are collectively owed millions of dollars after a California oil distributor ceased operations and filed Chapter 7.

Less-than-truckload carrier Saia announced a 7.5% general rate increase Tuesday. The carrier was the latest to announce rate hikes greater than the normal mid-single-digit increases.

A confluence of critical events will determine if the company can deliver on its margin improvement pledge.

El transportador desvía los envíos urgentes de carga a la red
de camiones

The omicron variant is depleting aircrews at FedEx just as it has among passenger airlines, resulting in customer delays for both industries.

Volume and yield gains powered the Express and LTL units, while staffing shortages and operating inefficiencies continued to hurt the Ground unit.

Old Dominion Freight Line was the latest less-than-truckload carrier to implement a general rate increase ahead of schedule. The 4.9% adjustment is in line with the rate hike it announced earlier in the year.

The winning attorney doesn’t think the award is big enough to constitute a nuclear verdict.

Noncontract prices will climb by 5.9% for FedEx’s Express, Ground and Freight services.

Sudden end to inbound deliveries in Albany will force shippers to seek alternatives.

You can’t blame carriers for refusing to stick by a handshake agreement to sell service at pre-negotiated rates or at a discount.

E-commerce pushes rapid growth in domestic parcel business

FedEx Freight is pointing the finger at less-than-truckload competitors for denying service to customers, which it says flooded its network and forced it to cancel certain accounts.

The company reports strong fiscal 2021 fourth-quarter results, but warns that a persistent labor shortage will drive up costs and impede productivity.

High demand and tight capacity have less-than-truckload carriers testing years of investments that are designed to handle this type of environment. Many of FedEx Freight’s service woes were captured in the data leading up its cancellation announcement.

The company will add Missouri, Illinois and Kansas and deepen coverage in Louisiana and Arkansas, effective in early September.