FDX plans to spin off its freight unit as FDXF on June 1, aiming to unlock value and sharpen its focus on parcel delivery and LTL markets.

Add Yahoo as a preferred source to see more of our stories on Google. The Atlanta-based parcel delivery firm was awarded a “significant” air cargo contract by the USPS, which expands the existing ...

Fedex Express and UPS Airlines are two of the largest cargo carriers in the world, both by fleet size and in terms of freight volume flown. Together, they dominate the air cargo market, although ...

UPS will become the primary air cargo provider for the United States Postal Service, replacing FedEx after a 20-year partnership with the Memphis-based company. Atlanta-based UPS said Monday that it ...

The U.S. Postal Service's decision this week not to renew a contract with FedEx FDX, worth more than $1.5 billion per year, for domestic air transport and award it to UPS after more than two decades ...

FedEx gains attention amid logistics and freight demand shifts, reflecting evolving global supply chain trends within the NYSE composite index environment.

As FedEx maneuvers through a poor first quarter amid lingering weak volume demand worldwide and a consumer-driven shift to less profitable delivery services, demand for freight out of Asia remains one ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min FedEx Express is losing its ...

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USPS recommends shipping by Dec. 17 for most services. FedEx recommends shipping by Dec. 23 for overnight delivery. UPS recommends shipping by Dec. 23 for Next Day Air delivery. WASHINGTON - With the ...

FedEx and the USPS had been in months-long negotiations for a new contract, which is set to expire on Sept. 29. USPS was FedEx’s largest customer ahead of the new deal, with FedEx Express providing ...