FedEx said its bondholders agreed to remove its freight business from its lending documents, making it easier for the shipping giant to spin the business off into a new company.
Category: News
TFI Abandons Move to US After Shareholder Backlash
TFI International reversed its decision to move its legal headquarters to the U.S., saying it was backing down after shareholders expressed opposition to the idea.
Experts Say Empower Drivers to Become Your Best Recruiters
NASHVILLE — Corporate coaches during an annual truck driver recruiting conference urged attendees to create cultures that lead to employees becoming the company’s greatest ambassadors.
Diesel Price Nudges Up 2¢ to $3.697 a Gallon
The national average diesel price nudged up 2 cents to $3.697 a gallon, according to U.S. Energy Information Administration data released Feb. 24.
Trump: Tariffs on Mexico, Canada ‘Going Forward’ Next Month
President Donald Trump said he expected tariffs planned to take effect on Canada and Mexico to go ahead next month following an initial delay.
Nearly All Fleet Owners to Boost Safety Spending: Survey
Some 99% of executives surveyed across the U.S., Canada, Mexico and four Western European nations plan to boost spending on workforce safety and security technologies.
Crossword Puzzle Solution for February 24, 2025
Here’s the solution to the crossword puzzle found in the February 24, 2025 print edition.
EU Expands Tariff List in Trump’s Looming Trade Dispute
The EU is broadening the list of U.S. goods it will target with retaliatory tariffs if U.S. President Donald Trump follows through on his threat to impose duties on steel and aluminum exports.
Mexico Studies China Tariffs in Bid to Strike Trump Deal
Mexico is weighing possible levies on Chinese imports as it pushes for a deal to avoid the 25% tariffs that President Donald Trump has threatened to impose on its goods before a March deadline.
US Imposes More Sanctions on Iranian Oil Trade
The U.S. on Feb. 24 imposed sanctions on dozens of people and oil tankers across China, the United Arab Emirates, India and other jurisdictions for allegedly helping to finance Iran.