Browsing: freight

By Abhijith Ganapavaram (Reuters) -FedEx’s decision to spin off its freight truckload segment will strengthen the business while allowing the…

FedEx will spin off its freight business into a new publicly traded company.FedEx Freight will separate from FedEx over the…

(Reuters) -FedEx announced the much-anticipated spinoff of its less-than-truckload freight division on Thursday, as it looks to restructure its operations…

By Saqib Iqbal Ahmed NEW YORK (Reuters) – A relentless rally in U.S. stocks is showing few signs of slowing…

Canada’s rail freight came to a halt early Thursday after Canadian National and Canadian Pacific Kansas City locked out nearly…

Canada’s two major freight railroads have shut their operations, according to management of the two companies, locking out 9,000 members…

By David Ljunggren OTTAWA (Reuters) -Canada’s two main freight rail companies are set to lock out around 10,000 of their…

By Promit Mukherjee OTTAWA (Reuters) – Canadian Pacific (NYSE:) Kansas City said on Saturday it would halt any new rail…

Shipping giant Maersk, considered a barometer for global trade, is not seeing signs of a U.S. recession as freight demand…

By Marie Mannes STOCKHOLM (Reuters) -Electrolux swung to a much larger than expected profit in the second quarter amid signs…