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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

Amazon Rejects Senate Report on Workplace Safety Standards

Amazon has long been a target of worker鈥檚 rights advocates and labor unions, who say the company pushes its employees too hard in the name of getting packages to customers quickly.

December 16, 2024

Postal Service Head Says Aging Trucks Need Upgrades

Postmaster General Louis DeJoy said the Postal Service needs to replace aging trucks, and he wasn鈥檛 aware of an effort by the incoming presidential administration to cancel plans to buy EVs.

December 6, 2024

Hapag-Lloyd Profitable Despite Global Downturn

HAMBURG, Germany 鈥 The German shipping company Hapag-Lloyd says it has made a good profit so far this year, despite the economic downturn and several international crises.

November 14, 2024

Amazon Aims at Temu With Low-Priced Storefront Called Haul

Amazon launched an online storefront designed to compete with Temu, the low-cost shopping app that gained traction with shoppers who trade longer shipping times for rock-bottom prices.

November 13, 2024

Nikola Leads Field in Hydrogen Fuel Cell EV Deployment

Hydrogen fuel cell electric vehicles may be envisioned as the future workhorse of a decarbonized longhaul freight sector, but their development has proceeded at a measured pace.

November 7, 2024

Retailers Offer 鈥楻eturnless Refunds鈥 to Reduce Shipping Fees

Returnless refunds are a tool that more retailers are using to keep online shoppers happy and to reduce shipping fees, processing time and other ballooning costs from returned products.

November 4, 2024

Amazon Exceeds Profit Forecasts, Predicts Q4 Sales Surge

鈥淎s we get into the holiday season, we鈥檙e excited about what we have in store for customers,鈥 CEO Andy Jassy said in a statement.

October 31, 2024

Ocean, Airfreight Volumes Falter in Rocky 2023

Shippers faced hurdles with both ocean freight and airfreight in 2023, leading to declined volumes at North America's top container ports and airports.

November 1, 2024

Top 50 Freight Companies Endure Global Trade Slump

A slump in international trade, geopolitical conflicts and economic uncertainty created a difficult business environment for the largest transportation and logistics providers in 2023.

November 1, 2024