FedEx Corp.’s pains are far from over. Expectations from its upcoming fiscal fourth-quarter results already have hit rock bottom, and now analysts say its entanglement in the prolonged U.S.-China trade war may dampen the outlook for the next year as well.
June 20, 2019Top 100
FedEx May See Lackluster Results Lingering Into Next Year
UPS Seeks FMCSA Exemption From 2020 Driving Instructor Requirements
UPS Inc. has requested an exemption from a federal regulatory requirement that its driver training instructors have two years’ minimum experience as trainers and have held a commercial driver license for at least two years, the Federal Motor Carrier Safety Administration announced June 19.
June 19, 2019Arrive Logistics Raises $25 Million for Expansion
Freight brokerage company Arrive Logistics announced June 18 that it has raised an additional $25 million for expansion.
June 19, 2019Chipman Relocation Expands in California With Purchase of Olsen & Fielding
Chipman Relocation & Logistics has acquired Olsen & Fielding Moving Services, a company based in Sacramento, Calif., that provides commercial and residential moving services under the Mayflower Transit banner and is a provider of moving services to the U.S. Department of Defense.
June 18, 2019FedEx Won’t Renew Amazon’s US Air-Delivery Contracts
FedEx Corp. said June 7 it wouldn’t renew its U.S. air-delivery contract with Amazon.com, paring a key customer relationship as the largest online retailer deepens its foray into freight transportation.
June 7, 2019Walmart’s EV Stations Let You Plug In While You Shop
Electric vehicle owners will have a new reason to visit Walmart as they travel across America: Not only can they stock up on snacks and drinks but they can get electric charges.
June 7, 2019Wilson Logistics Acquires Market Transport and Larger West Coast Portfolio
Wilson Logistics said it has purchased Market Transport, a DSV Global Transport and Logistics subsidiary.
June 5, 2019TFI Closes Highland Transport Subsidiary
TFI International Inc. is closing its 150-truck Highland Transport division, a possible sign of softness in the Northeast freight market, according to a TFI official.
June 4, 2019Ryder Promotes Rich Mohr to Chief Technology Officer at Fleet Management Unit
Ryder Fleet Management Solutions, a unit of Ryder System Inc., appointed Rich Mohr chief technology officer.
June 4, 2019FedEx Shares Slide as China Opens Probe Over Huawei Deliveries
FedEx Corp. shares dropped as investors assessed the impact of a Chinese probe that puts the delivery company in the middle of an escalating trade conflict with the U.S.
June 3, 2019Follow Us
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