FedEx

FreightWaves’ State of Freight for July focused on a potential Yellow shutdown and a looming strike at UPS.

FedEx will focus its resources on shippers who use both it and UPS, Shipware’s Karamcheti says.

FedEx flight reductions reflect a significant drop in parcel traffic, throwing a wrench into management’s earnings expectations in the just-completed fourth quarter.

A slow economy and better carrier sourcing technology put shippers in a good spot, according to Reveel Group’s Josh Dunham.

FedEx is shrinking its network of pilot bases in an effort to cut costs. The move follows a recent decision to transfer a major maintenance facility at LAX airport to Indianapolis.

As negotiations get underway between UPS and the Teamsters, here are key considerations for shippers navigating a period of uncertainty.

The FedEx pilots’ union is asking members to vote on a strike authorization for possible later use.

Driverless trucks have special needs that only humans can perform at terminals where they will drop and hook loads.

FedEx said it aims to slash $700 million per year in costs through a massive overhaul of its air network, part of a larger corporate profitability initiative.

UBS’ Tom Wadewitz says more clarity on cost-cutting actions provides a “long runway” for stock.

Carrier revenues hit an all-time high in 2022, according to an annual Pitney Bowes study.

Consumers are buying food instead of “stuff.”

A new contract between UPS and the Teamsters will be agreed upon weeks before the current agreement’s expiration date, Satish Jindel tells FreightWaves.

The FedEx Ground unit flexed its muscles in the third quarter with strong operating income and cost-reduction prowess.

FedEx Express is aggressively scaling back air operations to save money as shipping demand crumbles.

Volume weakness persists at FedEx, but cost reductions are acting as strong offsets.

Las acciones suben después de horas como los inversionistas aplauden la cadencia de las reducciones de costos

Boeing has paused delivery of the 767 freighter until it corrects a fuel tank issue.

FedEx abandons its low-key communication style to get direct with UPS’ customers.

Company looks to push a more agile air network.