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FedEx Predicts Profit Growth Under Three-Year Plan

FedEx Corp. expects to grow earnings per share as much as 19% annually over the next three years by targeting high-value customers and squeezing more efficiency out of its networks.

June 29, 2022

Supreme Court Declines to Hear C.H. Robinson Appeal

The U.S. Supreme Court has declined to review a federal appellate court decision involving a personal injury suit alleging that freight broker C.H. Robinson Worldwide Inc. was negligent in connection with a serious injury from an accident in 2016 involving a carrier it hired.

June 28, 2022

Roadrunner Adds Five New Direct Lanes to LTL Network

Roadrunner grew its nationwide metro-to-metro service network for less-than-truckload shipments with the addition of five direct lanes, the company announced June 23.

June 28, 2022

KAG Energy Expands Midwest Footprint

KAG Energy is growing its operations in the Midwest after recently securing new business in the region, the business group announced June 27.

June 27, 2022

DB Schenker to Acquire USA Truck for $435 Million

USA Truck is being acquired by DB Schenker in a $435 million deal announced June 24.

June 24, 2022

UPS Donates Semi-Tractor to Georgia Technical College

ALBANY, Ga. UPS Inc. has agreed to donate a semi-tractor to Albany Technical College at the Logistics Education Center on the colleges main campus.

June 24, 2022

FedEx Reports Quarterly, Annual Revenue Growth

FedEx Corp. reported strong fourth-quarter and full-year earnings on June 23 that were close to meeting Wall Street expectations.

June 23, 2022

FedEx Takes Delivery of 150 BrightDrop EVs

FedEx Corp. announced June 21 it received its first 150 electric delivery vehicles from BrightDrop, the technology startup from General Motors that is decarbonizing last-mile delivery.

June 21, 2022

Ryder Expands Freight Brokerage Business

Ryder System Inc. is expanding its freight brokerage business with the addition of new offices, the company announced June 16.

June 17, 2022