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Health Care Business Becomes $20 Billion Lifeline for UPS

UPS Inc. has been quietly building a health care empire to offset stagnating revenue in its core package delivery business.

January 6, 2025

FedEx Details Planned Changes During Q2 2025 Earnings

The Memphis, Tenn.-based transportation services company on Dec. 19 reported net income of $740 million, or $3.03 a diluted share, for the three months ending Nov. 30.

December 19, 2024

FedEx Freight Spinoff to Create Largest LTL Carrier

FedEx Corp. on Dec. 19 announced its intent to spin off its FedEx Freight unit into a separate company, creating the largest publicly traded LTL carrier in North America in the process.

December 19, 2024

Yellow, Pension Funds' Claims Battle to Extend Through Q1

Oral arguments on dispositive motions related to the claims by 11 pension funds are now set to take place at a Jan. 28 hearing at the Delaware Bankruptcy Court.

December 17, 2024

Fleets Navigate the Challenges of Driver Acceptance of ADAS

Trucking experts say getting drivers to buy in to advanced driver assistance systems technology is key to making sure it is being correctly used.

December 13, 2024

Estes, R+L Carriers Affiliate Buy More Ex-Yellow Terminals

Estes Express Lines and an affiliate of R+L Carriers are to buy more terminals from the administrators of bankrupt former less-than-truckload rival Yellow, according to a court filing.

December 12, 2024

Cyber Monday Shoppers Expected to Set a Record

Adobe Analytics expects consumers to spend a record $13.2 billion on Dec. 2, 6.1% more than last year. That would make it the season’s — and the year’s — biggest shopping day for e-commerce.

December 2, 2024

Trucking CFOs, Leaders Eye 2025 Recovery With Tight Budgets

Carriers are grappling with a tough freight market, relying on cost-cutting measures, operational efficiency and strategic revenue opportunities to stay ahead.

December 2, 2024

Kenan Advantage Expands Dry Bulk With Two November Deals

North Canton, Ohio-based KAG has expanded its dry bulk transportation services with two acquisitions, strengthening its logistics capabilities across North America.

November 25, 2024