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Logistics giant FedEx said in a Feb. 26 statement that it will return any tariff refund it might get to shippers and customers who paid them.

After the Supreme Court struck down President Trump’s global tariffs, transportation firms face uncertainty over whether and how billions in collected duties will be refunded.

The company posted a profit of $6 million, 3 cents per diluted share, in Q4 after reporting a $71 million, minus 33 cents, loss in the year-ago period as expenses fell more than revenue.

Forward Air posted a fourth-quarter loss of $36.4 million while focusing on its improvement initiatives, the company reported Feb. 23.

AIT Worldwide Logistics reached an agreement to add Greenbriar Equity Group as an investment partner, marking a shift in ownership structure for the global freight forwarder.

FedEx CEO Raj Subramaniam believes technological advancements around digital intelligence have set the current moment apart, with their ability to act as a value multiplier.

Walgreens is laying off hundreds of employees across the country as the beleaguered pharmacy chain’s new private equity owners look to cut costs.

GXO achieved record revenue for the fourth quarter and in 2025, the company reported Feb. 10. Total revenue was $3.51 billion in Q4 and $13.2 billion for the full year.

TFI International saw earnings and revenue decline as 2025 drew to a close, but CEO Alain Bédard noted LTL segment operating ratio improvement and strong cash flow for the carrier.

Ryder has yet to see meaningful near-term change in U.S. freight market conditions, incoming CEO John Diez said Feb. 11, prolonging the longest rate recession in industry memory.