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Less-than-truckload carrier ABF Freight System will increase general rates and charges effective March 24.
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FedEx Freight will increase shipping rates by an average of 3.9%, effective March 31.
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FedEx Express, a subsidiary of FedEx Corp., and Nissan announced that the two companies will begin testing the Nissan e-NV200, a 100% electric compact cargo vehicle, under real world conditions in Washington, D.C.
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The Federal Motor Carrier Safety Administration’s newest enforcement tool is a shutdown order for carriers that flagrantly disregard the safety rules. Under a final rule to be posted this week, the agency can suspend or revoke the authority of willful repeat violators, and impose civil or criminal penalties.
Read More →Plug Power Inc. announced it will develop hydrogen fuel cell range extenders for 20 FedEx Express electric delivery trucks, allowing FedEx Express to nearly double the amount of territory the vehicles can cover with one charge.
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Trucking and parcel delivery provider FedEx has released second quarter fiscal earnings showing gains in both revenue and profit. FedEx is increasing its forecast of full-year earnings per share growth to 8% to 14% above last year's adjusted results.
Read More →Effective Dec 30 UPS’ published rates for its services will increase. For package shipments, ground services and accessorial rates will increase an average net 4.9%.
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The upcoming years will be tough for the transportation industry in the United States, FedEx Freight president and CEO William Logue said at the annual National Industrial Transportation League conference in Houston.
Read More →The less-than-truckload operation of FedEx continues growing with service in and out of Canada.
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FedEx has reported increased profits and revenue during the first quarter of its fiscal year that ended August 31.
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