Less-than-truckload carriers continue to take general rate increases even as the overall demand picture remains murky.

A Memphis news affiliate reports roughly 300 employees were impacted by the FedEx layoffs, while Pitney Bowes laid off 2,300 ...

FedEx is currently reviewing the LTL business, which is currently the largest in the U.S., operating nearly 30,000 motorized ...

while its less-than-truckload (LTL) FedEx Freight division endured a 3.2 volume dip. The lower volumes led to a 2.2 percent revenue decline to $21.7 billion for FedEx. This sluggish demand ...

In its fiscal 2024, which ended in May, FedEx derived 47% of revenue from its express division, 37% from ground, and 10% from ...