The appointments will take effect after the separation of FedEx Freight from FedEx Corp., which the company expects to complete by June 2026.
May 20, 2025Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
JBS Vote Spurs SEC Probe Request From Rand Paul
Shareholders in Brazil’s JBS, which has beef, chicken and pork operations stretching from Colorado to New Zealand, will meet on May 23 to vote on the plan to sell shares in New York.
May 19, 2025Walmart Names Company Veteran to Manage International Growth
Walmart selected a company veteran to fill a newly created role that aims to spark international growth, as the world’s largest retailer looks to bolster its overseas operations.
May 16, 2025CVS Bids for Rite Aid Stores in Pacific Northwest
CVS Health is trying to buy stores and patient data from Rite Aid, the beleaguered pharmacy chain that is going out of business after filing for bankruptcy a second time earlier this month.
May 15, 2025JBS Profit Jumps as Chicken Gains Beat Beef Downturn
JBS SA said quarterly profit rose more than expected, with chicken making up for the bulk of the increase as the world’s largest meat supplier faces deepening losses at its U.S. beef business.
May 13, 2025Landstar Posts Q1 Revenue of $1.15B After Fraud-Related Delay
Landstar System reported its first-quarter earnings following a two-week delay caused by a supply chain fraud incident, the company said May 13.
May 13, 2025Hub Group Reports Steady Q1 Earnings Amid Revenue Slip
Hub Group kept its earnings almost perfectly steady year over year despite revenue declining during the first quarter of 2025, the company reported May 8.
May 9, 2025GXO Reports Q1 Revenue Increase to Nearly $3 Billion
GXO Logistics experienced an increase in revenue but a loss in earnings during the first quarter of 2025, the company reported May 8.
May 8, 2025Volvo Autonomous TaaS Product to Be Known as Autona/freight
Volvo Autonomous Solutions’ rollout of its transport-as-a-service offering ramped up a couple of notches in recent days.
May 8, 2025RXO Grows Revenue 57%, Reports Larger Quarterly Loss
The Charlotte, N.C.-based asset-light transportation provider posted a net loss of $31 million, or 13 cents a diluted share, for the three months ending March 31.
May 7, 2025