What does it take for an airliner that has been flying freight for decades to be told, in essence, to sit down immediately?

FedEx Freight, the company's less-than-truckload unit, lowered its fiscal year revenue forecast due to declining Q2 revenue, tonnage, and worsening operating margins, attributing weakness partly to an ...

FedEx Freight’s Q2 operating income collapsed from $312 million last year to $90 million for the quarter ending Nov. 30, according to an investor presentation. But one-time spin-off costs ate up $152 ...

Revenue Growth: High single-digit growth in Q2, driven by yield and volume strength across US domestic package services. Adjusted Operating Income: Increased by 17% year-over-year. Adjusted EPS: Grew ...

The planned spin-off of FedEx (FDX) Freight into a new publicly traded company continues to advance and is expected to be achieved in a tax-efficient manner for FedEx stockholders and executed on June ...

The first of the holiday season’s shipping deadlines are approaching. Shoppers wanting to get their packages delivered by Christmas Day should note the timelines recommended by FedEx, UPS and the U.S.

GREEN BAY – For the second time this season, Packers quarterback Jordan Love has been named the FedEx Air and Ground Player of the Week. Love completed 18 of 30 passes for 234 yards and tied his ...

FedEx was hit with a $10 million breach-of-contract lawsuit on Nov. 18 in California Superior Court for San Bernardino County. The action, brought by attorney Lee W. Gale on behalf of OST Freight, ...

Two of the nation's top parcel carriers have grounded their fleets of McDonnell Douglas MD-11s, the type of plane involved in Tuesday’s deadly UPS plane crash in Louisville, Kentucky. The Federal ...

The National Transportation Safety Board is investigating the cause of this week’s fatal crash as the FAA, UPS, and FedEx temporarily grounds all MD-11 aircraft. THIS TRAGEDY, THE NATIONAL ...

UPS and FedEx are temporarily grounding all of their McDonnell Douglas MD-11 cargo aircraft, following Tuesday’s plane crash in Louisville, Ky., that killed at least 14 people. “Out of an abundance of ...

UPS and FedEx announced they grounded all of their MD-11 cargo planes after a deadly crash in Kentucky. “Out of an abundance of caution and in the interest of safety, we have made the decision to ...