Newark, March 27, 2023 (GLOBE NEWSWIRE) -- The Brainy Insights estimates that the USD 390.5 million air freight unit load device market will reach USD 692.7 million by 2032. A Unit Load Device is a ...

FedEx Corp.’s freight unit is putting workers on furlough in some U.S. markets, adding to mounting evidence of a cargo slowdown as the company joins other large employers trimming their ranks. The ...

The announcement follows ASCS’ Amazon Freight unit stepping out of the shadows May 4 after months of rumor. The company ...

FedEx is spinning off its less-than-truckload (LTL) business. After months of debate on what to do with FedEx Freight, the logistics giant decided it would separate the division into a standalone ...

UPS has warned its freight customers of a potential strike by the Teamsters union, and the company has said it will not accept freight shipments scheduled to arrive after Thursday, Nov. 8. UPS and the ...

FedEx Corp. is cutting 900 jobs at its FedEx Freight unit, about 2.6 percent of the less-than-truckload unit's 35,000 employees, according to widely published reports. FedEx officials cite greater ...

UPS said it is selling its freight unit for $800 million to Canadian trucking company TFI International Inc. as part of its “better not bigger” strategy. UPS Freight, which trucks bulk shipments from ...