We consider FedEx's balance sheet to be healthy and manageable. Total debt approached $20.2 billion as of fiscal year-end 2024, which ended May, similar to levels posted in fiscal 2023 and fiscal 2022 ...
FedEx Corp. provided several updates on Thursday, March 20, on its ongoing spin out of less-than-truckload (LTL) business ...
FedEx (NYSE:FDX) shares remain under pressure on Friday after missing profit expectations and lowering its FY25 guidance for ...
FedEx reported higher revenue and operating income in the third quarter than last year but says shipping business could slow this quarter because of weakness and uncertainty in manufacturing.
Hapag-Lloyd entered the Gemini alliance with Maersk to operate a hub-and-spoke model, the first of its kind in the maritime shipping industry. In the hub-and-spoke model, ships stop at fewer cargo ...
A project for ultra-fast transportation of freight, using a system of high-speed capsules, is currently being examined in Brazil. Such a system has the potential to significantly reduce shipping times ...
Since 1978, AP Moller-Maersk has expanded from just two vessels in Singapore to a global logistics powerhouse, reflecting the ...
Blockchain freight settlement provides fast liquidity and eliminates expensive freight factoring intermediaries ...
ZIM navigates freight challenges with strategies to counter overcapacity, resilient contract rates, and flexible fleet ...
The public will soon get to weigh in on a proposed rate increase by Young Brothers. The shipping company said it’s needed to ...
Choosing the right international shipping partner is key to successful international expansion. These businesses chose ...
During the next five years, India, Vietnam, Indonesia and the Philippines are forecast to rank among the top 30 for both ...