FedEx Corp. reported an increase in revenue for its fiscal first quarter, but said rising costs affected bottom-line results for the period.
September 21, 2021Search
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FedEx Sets Rate Increase, Cites Challenging Operating Environment
FedEx Corp. plans to raise its delivery rates in 2022 by the most in at least a decade as the courier shoulders rising costs in what it called a “challenging operating environment.â€
September 21, 2021FedEx to Spend $100 Million on Improving Delivery Vehicle Safety
FedEx Corp. plans to spend more than $100 million to improve delivery van safety and reduce costs from accidents, potentially dragging on short-term earnings as the courier faces pressure from rising wages and other expenses.
September 20, 2021Electrification Key to FedEx’s Energy Goals, Executive Says
With industries considering adopting zero-emission sustainability operations in the coming years, a senior executive at FedEx Express recently outlined the company’s objectives related to electrifying vehicles.
September 16, 2021J.B. Hunt Celebrates 60 Years in Business
J.B. Hunt Transport Services marked its 60th anniversary last month during a virtual event that included a company founder.
September 10, 2021UPS to Acquire Same-Day Delivery Startup Roadie
UPS Inc. agreed to acquire Roadie, a same-day delivery startup, looking to speed service and expand into atypical parcels such as oversized packages and perishable goods.
September 10, 2021Hendrickson Achieves Milestone With Front Steer Axle
Hendrickson Truck Commercial Vehicle Systems announced it produced its 500,000th Steertek fabricated front steer axle.
September 10, 2021UPS to Hire 100,000, Many in 30 Minutes or Less
The package delivery company said Sept. 9 that it plans to hire more than 100,000 people for the busy holiday shipping season, many of whom will get job offers within 30 minutes of applying.
September 9, 2021Truckers Face Outages, Road Closures and Fuel Supply Challenges in Ida’s Wake
Trucking companies are contending with obstructed routes, power outages and fuel supply challenges in the wake of Hurricane Ida.
September 2, 2021Walmart Hiring 20,000, Including Freight Handlers, Technicians
Walmart is looking to hire 20,000 new workers ahead of the holiday season, including freight handlers, lift drivers, technicians and more.
September 1, 2021