FedEx reported higher revenue and earnings for its fiscal second quarter ended Nov. 30, posting net income of $956 million on revenue of $23.5 billion, up 6.8% year over year. Results were near Wall ...
Health care logistics stood out in 2025 as major freight companies pursued growth in the high-margin segment despite a weak broader freight market. UPS, DHL and GXO led dealmaking, highlighted by UPS’ ...
CEO W.M. "Rusty" Rush refers to the current freight market downturn as a “right-sizing” due to fleets overbuying during the COVID era. Rush expects a limited pre-buy in 2026, assuming fleets feel ...
Analysts at PwC say trucking and transportation M&A will ramp up in 2026 as rate cuts revive deferred deals. Lower borrowing costs after multiple Fed cuts and steadier trade policy boost confidence ...
Luminar Technologies filed for Chapter 11 bankruptcy in Texas on Dec. 15 after losing a lidar supply contract with Volvo, listing $100 million to $500 million in assets and $500 million to $1 billion ...
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