FedEx Freight

By Jeff Berman · December 17, 2015
Quarterly net income at $691 million was up 4 percent annually, and revenue at $12.5 billion was up 4.8 percent. Operating income at $1.14 million was up 4.4 percent. Quarterly operating margin—at 9.1 percent—was flat, and adjusted earnings per share of $2.58 were up nearly 16 percent and ahead of Wall Street estimates of $2.51 per share.
By John D. Schulz · November 17, 2014
FedEx Freight and Con-way Freight, two of the largest non-union LTL carriers in the nation, are battling organizing efforts by the Teamsters union in a closely watched unionization effort.
By John Schulz · November 5, 2014
Transportation and logistics titan FedEx said today that Bill Logue, president and CEO of FedEx Freight, its less-than-truckload subsidiary, will retire from his position, effective December 31, 2014. FedEx officials said Logue cited health concerns as the reason for retirement.
By John D. Schulz · October 15, 2014
FedEx Freight and Con-way Freight, two of the largest non-union LTL carriers in the nation, are battling organizing efforts by the Teamsters union in a closely watched unionization effort.
By Jeff Berman · September 17, 2014
The Memphis-based company reported today that quarterly net income of $606 million was up 24 percent annually, and revenue, at $11.7 billion, was up 6 percent. Operating income at $987 million was up 24 percent.
By Jeff Berman · June 20, 2014
As was the case from a company perspective, fiscal fourth quarter output for less-than-truckload market leader FedEx Freight was strong, the company reported in its earnings announcement this week.
By Jeff Berman · May 5, 2014
Effective January 1, 2015, FedEx will apply dimensional weight pricing to all shipments moved via FedEx Ground, and at FedEx Freight, the company’s less-than-truckload group, FedEx has updated its fuel surcharges for the U.S. and Canada by 3 percent.
By Jeff Berman · April 2, 2014
FedEx Freight, the less-than-truckload (LTL) subsidiary of FedEx, opened up a new container freight station at its facility in Chicago Summit, Ill. This facility will consolidate and sort freight heading to Puerto Rico.
By Jeff Berman · March 3, 2014
FedEx Freight, the less-than-truckload (LTL) subsidiary of transportation and logistics bellwether FedEx, announced today that it will implement a General Rate Increase (GRI) of 3.9 percent for non-contractual freight, effective March 31.
By Jeff Berman · December 18, 2013
The Memphis-based transportation and logistics bellwether also reported that quarterly revenue of $11.4 billion was up 3 percent from last year’s $11.1 billion, and operating income at $827 million was up 15 percent from $718 million.
By Jeff Berman · December 4, 2013
LM Group News Editor Jeff Berman recently spoke with Bill Logue, president and CEO of FedEx Freight, the less-than-truckload subsidiary of FedEx, at the NITL/IANA Transcomp event in Houston about various industry topics, including rates, regulation, and infrastructure, among others.
By Jeff Berman · June 11, 2013
Following the lead of some of its biggest competitors, FedEx Freight, the less-than-truckload (LTL) subsidiary of FedEx Freight, said this week it is raising rates for non-contractual freight in the form of GRI (general rates increases) by 4.5 percent effective, July 1.
By Jeff Berman · May 21, 2013
Last week, FedEx Freight held the grand opening of its new multi-million dollar Vancouver, British Columbia service center, which it said will connect the Western Canada LTL sector and customers through north-south, east-west and global shipping lanes.
By Jeff Berman · March 25, 2013
Revenue at FedEx Freight, the company's less-than-truckload unit, at $1.24 billion was up 0.8 percent from $1.23 billion last year, with an operating margin of 0.3 percent compared to -0.1 percent a year ago.
Latest Whitepaper
B2B Sellers Prefer a Unified Approach for Ecommerce
A new study from Forrester Consulting, commissioned by NetSuite, found that many midmarket, B2B sellers say their ecommerce solutions have contributed to their growth in sales, new customer acquisitions and improved customer relationships.
Download Today!
From the August 2016 Issue
A growing number of low-cost lift trucks offer new avenues for pairing equipment and applications, but less cautious buyers might find that small up-front costs come at a steep price. Selecting the proper lift truck, lift truck tips 2016, Choosing the right Lift Truck
Megatrends in ocean freight
Ocean Cargo Roundtable: What’s in store for 2017?
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Getting the most out of your 3PL relationship
Join Evan Armstrong, president of Armstrong & Associates, as he explains how creating a balanced portfolio of "Top 50" global and domestic partners can maximize efficiency and mitigate risk.
Register Today!

EDITORS' PICKS
2016 Quest for Quality: Winners Take the Spotlight
Which carriers, third-party logistics providers and U.S. ports have crossed the service-excellence...
Regional ports concentrate on growth and connectivity
With the Panama Canal expansion complete, ocean cargo gateways in the Caribbean are investing to...

Digital Reality Check
Just how close are we to the ideal digital supply network? Not as close as we might like to think....
Top 25 ports: West Coast continues to dominate
The Panama Canal expansion is set for late June and may soon be attracting more inbound vessel calls...