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FedEx Freight goes hunting after initial consolidation
The carrier said volumes are stabilizing as it hires 500 sales staff and renews 25% of its contracts to chase growth in key freight verticals.
Summary by Transport Topics
3 Articles
3 Articles
FedEx Freight sees volumes stabilize, eyes Q4 margin improvement
FedEx Freight reported Thursday that volumes continue to stabilize, and it anticipates stronger operating leverage next year, bolstered by business wins and an improved freight mix from its dedicated sales teams.
FedEx revenue rises 12% as international freight business grows
FedEx reported revenue of $22.9 billion for the third quarter of calendar 2026, up approximately 12% from $20.4 billion a year earlier. The company benefited from higher package yields, increased freight volumes and ongoing cost reductions. Operating income rose to $1.07 billion from $972 million in the same quarter of 2025. However, reported net income […]
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100% Center
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