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UPS agrees to sell its freight-brokerage division for less than it paid for the business in 2015
Atlanta Journal-Constitution· 4 days agoATLANTA (AP) — United Parcel Service said Sunday it agreed to sell its Coyote Logistics division to RXO for just over $1 billion — less than it paid for the freight-brokerage ...
FedEx explores divestment of Freight business
FreightWaves via Yahoo Finance· 23 hours agoParcel analyst Satish Jindel predicts FedEx will opt later this year to spin off the Freight unit to the public market. The post FedEx explores...
UPS Sells Freight-Brokerage Operation to RXO
The Wall Street Journal· 4 days agoLOGISTICS REPORT United Parcel Service is selling its freight-brokerage business to rival middleman RXO for $1.025 billion. The sale of Coyote Logistics...
Trucking Experts Project Spinoff of FedEx’s Freight Business
The Wall Street Journal· 18 hours agoTransportation analysts and experts expect FedEx to spin off itsFreight unit as a separate publicly...
Global freight rises but shows signs of weakness in US
Reuters· 7 hours agoGlobal manufacturing activity and freight are showing signs of a recovery, after a downturn took...
Experts Expect Spinoff as FedEx Considers Future of Freight Unit
PYMNTS.com· 12 hours agoFedEx is reportedly expected to spin off its Freight unit after it conducts an assessment of the...
Air Freight Greenhouse Gas Emissions Up 25% Since 2019, Analysis Finds - Slashdot
Slashdot· 18 hours agoAir freight operators have increased their greenhouse gas emissions by 25% compared to 2019, according to a report [PDF] by campaign group Stand.earth. The analysis found ...
Uber Freight and Aurora team up on autonomous Drivers-as-a-Service | WHAT THE TRUCK?!?
FreightWaves via Yahoo Finance· 19 hours agoNow on demand on WHAT THE TRUCK?!? Dooner is joined by Tom Curee; Jessie Merritt; Alan Adler The...
FedEx Review Could Lead to Sale of LTL Biz
Sourcing Journal via Yahoo Finance· 20 hours agoThe analyst’s focus on a spinoff of the business suggests that a sale of the operation might not be a feasible option. FedEx Freight is the largest LTL...
FedEx Scores an Upgrade After Strong Earnings, ‘Surprising’ Freight Decision
Barrons.com· 24 hours agoAfter the quarterly report, J.P. Morgan analyst Brian Ossenbeck upgraded FedEx stock to Buy from...
