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FedEx says it has significantly reduced cargo backlogs at its warehouses in Vietnam after a messy switch to a new ground delivery partner and new technology system. The post FedEx slowly recovers from operational meltdown in Vietnam appeared first on FreightWaves.
FedEx built its reputation on speed with overnight packages, reliable routes, and trucks that became part of the daily routine and business districts across the country. Now, the company is trying to make that massive delivery system leaner through its Network 2.0 transformation project to reduce ...
The London Company released its Q1 2026 investor letter for “The London Company Large Cap Strategy”. In early 2026, US equities declined, with the Russell 3000 falling 4% and the S&P posting losses. A copy of the letter is available to download here. The year started positively with a broad rally, but sentiment reversed in […]
Old Dominion, Saia, and XPO each fell 5% or more after Amazon opened its less-than-truckload service to all U.S. businesses
(Bloomberg) -- Shares of several large trucking companies plunged on Wednesday after Amazon.com Inc. announced an expansion of its shipping service that has already shaken the transportation and logistics sector and unsettled investors.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Launches Strikes Against Iran After Helicopter Shot DownUS Strikes Iran After Helicopter Downed, Testing Peace TalksStocks Pare Tech-Led Drop as Rotation Gains Speed: Markets W
FedEx pilots have finally approved a collective bargaining agreement after years of labor unrest. The post FedEx pilots approve new contract, ending protracted bargaining appeared first on FreightWaves.
FedEx and China Southern Cargo promise to work together on finding joint cargo efficiencies. The post FedEx, China Southern Airlines to explore cargo cooperation appeared first on FreightWaves.
FedEx Freight bucked the market trend on Friday, making it one of the best-performing stocks in the S&P 500 on a tough day for the market. Shares of the company, which spun out of FedEx on June 1, gained 6.4% on Friday, closing at $167.84, while the and fell 2.6% and 4.2%. FedEx Freight is likely avoiding the drawdown because shares are very new.
Transportation stocks offered a rare bright spot in an otherwise bleeding market today. The Dow Jones Transportation Average, which tracks 20 large U.S. companies ranging from airlines to railroads to truckers, was up about 1.
The company's Network 2.0 initiative can now go into full swing.
Find insight on FedEx Freight, Volvo and more in the latest Market Talks covering Auto and Transport.
As parcel carriers like SpeedX and Veho deploy in-house AI tools, experts say the technology could help upstarts close the gap with FedEx and UPS.
FedEx has outpaced its sector peers recently, and analysts remain moderately optimistic about the stock’s prospects.
A FedEx air cargo contractor says it wants to use bigger aircraft on Caribbean routes, but that FAA rules governing how far the planes can fly over water jeopardize continued service. The post FedEx partner airline says Caribbean service at risk without FAA waiver appeared first on FreightWaves.
FedEx is expected to announce its sixth consecutive dividend hike with Q4 results scheduled on 23 June.
FedEx's strategic spinoff of its freight division positions the leaner express company to drive significant margin expansion and higher investment returns.
FedEx's (FDX) fiscal fourth-quarter earnings could fall short of Wall Street's expectations as margi
Jim Cramer says newly public FedEx Freight could become a “true winner” as Wall Street bets the trucking giant’s spinoff from FedEx will finally unlock the premium valuation.
FedEx (FDX) is poised to report fiscal Q4 earnings before interest and taxes, and earnings per share
By Satish Jindel On Monday, FedEx Corp. spun-off its Freight division. What is left is the combined network of FedEx Express and FedEx Ground. It’s an opportune time to remember that FedEx (NYSE: FDX) would be a distant third-place parcel carrier in the U.S. market without the acquisition of RPS as part of the $2.4 […] The post Commentary: Why RPS is the most successful transportation startup ever appeared first on FreightWaves.
FedEx Freight (NYSE:FDXF) shares traded around $152 on Tuesday afternoon after Bank of America initiated coverage of the newly independent less-than-truckload (LTL) carrier with a ‘Buy’ rating and a $185 price target. The initiation comes one day after FedEx Freight was spun off from FedEx...
FedEx Freight was spun off from FedEx to operate independently.
Investing.com -- Truist Securities initiated coverage of FedEx Freight Holding Company (FDXF) with a Hold rating and a $155 price target in a note on Tuesday following the company's completed spin-off from FedEx Corporation (FDX).
FedEx Freight began trading as an independent company this week, but analysts say stronger margins and operating performance are needed before they become more bullish on the stock.
FedEx’s much-awaited Freight spin-off is finally here, but can newly listed FDXF become the next premium trucking giant?
After two years of testing, “the technology is there,” says CEO John Smith. Now the ball is in the regulators’ court.
The separation creates an independent less-than-truckload carrier focused on North America.
FedEx shares just got smaller -- but investors got FedEx Freight stock as a consolation prize.
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