FedEx Freight
Business

FedEx Quarterly Profits Decline on TNT Cyberattack, Hurricane Harvey

FedEx Freight FedEx Freight, North America’s largest LTL, posted gains in quarterly revenue, operating income, margin and revenue per hundredweight. (John Sommers II/Transport Topics)

FedEx Corp. remained profitable during the three months ended Aug. 31, but at a lower level than a year ago as the Memphis, Tenn.-based carrier had to overcome challenges from a malware attack in Europe as well as Hurricane Harvey in southeast Texas.

Jonathan S. Reiskin | Associate News Editor
September 21, 2017
Business

Charlotte FedEx Freight Workers Decertify Teamsters Representation

Charlotte FedEx Freight decertifies Teamsters CameliaTWU/Flickr

FedEx Freight workers in Charlotte, N.C., have reversed course and voted not to unionize.

Wayne Risher | The Commercial Appeal (Memphis, Tenn.)
July 11, 2017
Business, Logistics

FedEx Posts $3 Billion Profit in Fiscal 2017; Freight Division Lags Express, Ground

FedEx truck Christopher Dilts/Bloomberg News

FedEx Corp. reported a sharp increase in annual profits, rocketing 65% year-over-year and easily beating forecasts by a consensus of industry analysts.

Ari Ashe | Staff Reporter
June 26, 2017
Business

FedEx Freight Adds Pricing Option Based on Distance, Dimensions

FedEx Freight

FedEx Freight has launched a freight box service that could have a big effect on the way less-than-truckload carriers charge customers, moving toward dimension- and distance-based pricing rather than the National Motor Freight Classification system, analysts said.

Ari Ashe | Staff Reporter
July 18, 2016
Business

FedEx Freight Workers Reject Teamsters in N.J. Vote

TT File Photo

FedEx Freight drivers at the Cinnaminson, New Jersey, terminal have voted against becoming Teamsters in the first-ever unionization vote at the nation’s largest less-than-truckload company, the company said.

Transport Topics
October 14, 2014