Value was in vogue in 2024. Shoppers and restaurant patrons in the U.S. were choosy about where and how to spend their money as they wrestled with high housing and food prices.
December 30, 2024Search
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Brian Antonellis of Fleet Advantage and TMC General Chairman Radu Mihai discuss the urgent need for targeted training programs for heavy-duty technicians that build a capable, future-ready workforce.Â
FedEx Freight Spinoff Draws Positive Analyst Reactions
Wall Street analysts offered overall positive initial reactions to the Dec. 19 news that FedEx Corp. plans to by 2026 spin off its LTL division into a separate, publicly traded company.
December 23, 2024FedEx Details Planned Changes During Q2 2025 Earnings
The Memphis, Tenn.-based transportation services company on Dec. 19 reported net income of $740 million, or $3.03 a diluted share, for the three months ending Nov. 30.
December 19, 2024FedEx Freight Spinoff to Create Largest LTL Carrier
FedEx Corp. on Dec. 19 announced its intent to spin off its FedEx Freight unit into a separate company, creating the largest publicly traded LTL carrier in North America in the process.
December 19, 2024Amazon Workers Strike at Seven Facilities Nationwide
The Teamsters said the workers, who voted to authorize strikes in recent days, joined picket lines after Amazon ignored a Dec. 15 deadline the union set for contract negotiations.
December 19, 2024Walmart Stock Soars 82% in 2024, Leading Retail Industry
Analysts are betting that further market-share gains and increased profit contributions from Walmart’s higher-margin ancillary businesses will extend the stock’s rally.
December 18, 2024Fleets Navigate the Challenges of Driver Acceptance of ADAS
Trucking experts say getting drivers to buy in to advanced driver assistance systems technology is key to making sure it is being correctly used.
December 13, 2024Estes, R+L Carriers Affiliate Buy More Ex-Yellow Terminals
Estes Express Lines and an affiliate of R+L Carriers are to buy more terminals from the administrators of bankrupt former less-than-truckload rival Yellow, according to a court filing.
December 12, 2024Trucking, Logistics Experience Another Strong Holiday Season
The National Retail Federation reported that a near-record 197 million people shopped between Thanksgiving and Cyber Monday.
December 12, 2024Mondelez Approves $9 Billion Buyback After Hershey Report
Mondelez International approved a stock repurchase authorization of as much as $9 billion, days after a report that the company was exploring an acquisition of chocolate maker Hershey.
December 11, 2024