Category: News

FedEx Profits Rise 65%

FedEx Corp. reported profits grew year-over-year, increasing 65% over the last 12 months and easily beating the Bloomberg News consensus forecast on both an annual and quarterly basis.

FedEx Profits Rise 65%

FedEx Corp. reported profits grew year-over-year, increasing 65% over the last 12 months and easily beating the Bloomberg News consensus forecast on both an annual and quarterly basis.

Truck Tonnage Rises in May

Truck tonnage rose 4.8% year-over-year in May, according to the monthly American Trucking Associations Tonnage Index, the largest gain since November 2016, echoing sentiments from analysts and trucking executives that the fright market has tightened in…